The Coalition government from 2010 until 2015, made up of the Conservatives and the Liberal Democrats, sought to prioritise deficit reduction above all other considerations. This was in the wake of the 2008 global banking crisis which strained the UK economy and heralded the policy of austerity connected closely with the Chancellor Osborne. It was […]
‘Empty chair’ threat for Cameron if he doesn’t participate in TV debate Miliband, Clegg and Farage have recently expressed the fact that they are ready to ‘’empty chair’’ David Cameron by going ahead with the leaders’ election debates on TV without Cameron if he keeps on stressing upon his demand that the Green Party leader […]
Fracking is a toxic issue for Conservative party grassroots Source: The Guardian As Topic: Elections A2 Politics: Environment Fracking has the ability to give the UK another supply for energy, which has the potential to drive down energy prices for the economy. However, this has caused great controversy in safe Tory seats, with constituents pledging […]
Is the economy rebalancing as proposed? It is coming up to 4 years since Osborne decided the UK economy needed to be rebalanced. By ‘rebalancing’, he proposed a self-sustainable and largely export led economy. An economy that no longer relied on the financial services of the City, which appears to benefit suited men who […]
*** Economy update – March 2014 *** The tide has somewhat turned in the Conservatives favour. Less than 18 months until the General election and the economy seems to be resuscitating. Better late than never I suppose. With Mr Osborne revealing his last budget for this Parliament next week, the Tory party are trying to […]
Weekly Parliament Roundup: 22/01/14-29/01/14 50p Tax rate for the Rich: Ed Balls recently said that a future Labour government promises to achieve a budget surplus, falling national debt and a 50p top rate of tax for the rich. Businesses have criticised the third proposal by saying that it will harm the economy and put a […]
Pick of the Papers (13/01/2014 – 19/01/2014) Woodhouse’ weekly pick of the papers is devoted to keeping A level politics students up to date with the political news and on track with the Unit 1 and Unit 2 syllabus. 1. UKIP tops Independent on Sunday Poll as the nation’s favourite party Source: The Independent Politics […]
Parliament Roundup: 4/12/13-11/12/13 MPs to receive 11% pay rise: Click for a video explanation IPSA(Independent Parliament Standards Authority) have recently proposed to provide MPs with a pay rise of 11% which will increase their salary to £74,000. They have stated that there will be changes to the pension scheme which will save tax payer 2.5 […]
1. Tax – Difference Labour argues that the Coalitions economic plans are hitting the ‘poorest, hardest’. The Conservatives have lowered the top rate tax to 45% and staged a decrease in corporation tax which is to be 20% by 2015. The corporation tax cut will cost the Chancellor 400m in 2015-16 and so he is […]
This week two stories made the headlines, both bringing the Conservative poll ratings to another low.
I woke up loosing one hour to the Sunday Times revelation that the co-treasurer of the Conservative Party Peter Cruddas offered access to the Prime Minister in exchange for money. In the footage he remarks to an undercover journalist posed as a potential donor,
The coalition government has confirmed that it is revising its plans to cap child benefits from higher rate taxpayers who earn above £42,735. While the treasury maintains that it is a popular move, the legislation has attracted opposition from across the political spectrum.
At cabinet this week, David Cameron forced his colleagues to confront failures in the government’s economic growth strategy. It is often argued that elections are won and lost on the basis of the economy, and with a somewhat gloomy outlook ahead and a tumultuous past lingering, the government knows that the economy is its main […]