Tag Archive | "tax"
Households face financial struggle
A recent report from the Centre for Policy Studies has revealed how many households are facing a real strain financially as the result of rising taxes, bills, and living costs. Despite the two interest rate cuts over the past few months many other costs have been rising, and have been placing additional strain on household [...]
Continue reading...Northern Rock Adds £100bn to National Debt
Friday, February 15, 2008
The Northern Rock fiasco looks likely to add £100bn to the national debt, and Labour’s economic competence is under question as a result. The Office for National Statistics has given the figure – which calculates to around £3,000 for every family in Britain – to the Government, and it could mean that Gordon Brown’s golden rule [...]
Continue reading...Time Runs Out For Northern Rock Bidders
Monday, February 4, 2008
It seems that the chances of a major bidding war for Northern Rock have disappeared as it seems that only two bidders will be putting forward plans for its takeover by the deadline on Monday 4 February. After taking advice from investment bankers Goldman Sachs, a fortnight ago Chancellor Alistair Darling offered taxpayer’s money for £26bn [...]
Continue reading...PM Holds Off On Northern Rock Decision
Wednesday, January 23, 2008
Prime Minister Gordon Brown has delayed a decision with regard to the future of Northern Rock to give the stricken bank one more chance to find a private buyer. Mr Brown told the City and MPs that they would have to wait for an announcement about Northern Rock’s future. It seems the Prime Minister is trying [...]
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Sunday, February 17, 2008
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