The Chancellor could spend billions on tax cuts in the Budget

A combination of higher revenue and lower spending, together with the more favourable outlook for GDP and interest rates, means that the Chancellor has a large amount of fiscal space ahead of his budget on 15 March.

Global Headlines for 2023 March 01

Extending reach | Xi moved to consolidate the Communist Party’s hold over the world’s second-biggest economy, touting plans for sweeping changes to China’s bureaucracy and more influence within private companies. He said the party would roll out plans for “deepening structural reform” in the financial sector and boost control over science and technology, as well

The oil industry operating on a different planet.

Greenpeace activists board a Shell platform headed for the North Sea to expand existing oil and gas on 6th February (AFP via Getty Images)   It increasingly feels like the oil industry is operating on a different planet.   Profit-wise, things have never been better for the fossil-fuel titans. Exxon, Chevron, BP, Shell and TotalEnergies

The Telegraph Frontpage for Thursday 2023 February 02

By Danny Boyle Good morning. Despite more than half of schools being impacted by strike action, support from teachers appeared not to be as significant as feared. Also today, we cover a diversity crisis in the RAF – and today’s expected rate rise by the Bank of England. RAF diversity ‘discriminated against 160 white men’

From Chris Evans, the editor of the Telegraph 23 January 2023

Dear Reader, Germany’s Leopard 2 tanks are at the centre of an international row. Kyiv is adamant that these vehicles will give them the upper hand against Russia – but the German government has been hesitant to release them. Associate Editor Dominic Nicholls explains what makes the tanks so sought after. What do you need

The Telegraph Frontpage for Wednesday 2023 January 18

  By Danny Boyle Good morning. The Education Secretary is to meet union leaders in a bid to avert seven days of strike action over teachers’ pay – as school leaders refuse to ease the pain of walkouts with contingency measures. We have the latest on those talks as well as today’s strike by nurses.

The Telegraph Frontpage for Tuesday 2023 January 10

By Sam Hall Good evening. The Duke of Sussex’s stateside publicity tour has made more waves this side of the Atlantic, as he expressed concern for “young kids” in the Royal family. We have all the fallout from Prince Harry’s latest interview. Queen ‘knew what was going on’ Harry’s latest interview has led to more

The Telegraph for Thursday 2023 January 05

Rishi Sunak has made five promises to the country in his first major speech of the year, as he sought to show the public that he was dealing with the various crises engulfing the nation. We have analysis on all of the pledges and whether they are achievable. PM’s pledge to half inflation It has

NNA: A Timeline of Economic, Political Dire Straits in Lebanon

Originally posted on Levant's Agora:
By AFP. Lebanon for more than three years has been mired in a deep financial, economic and social crisis, aggravated by a political deadlock. Here is a recap since turmoil broke out in October 2019. Protests erupt Mass protests follow a government announcement on October 17, 2019 of a…

Cynical, calculated and coordinated

Originally posted on Croydon Communists:
Analysis by the TUC of the latest government statistics confirms that while average earning fell by £76 in 2022, the pay of key workers in the public sector fell by an agonising £180 per month this decline in wages was the highest since 1977 the average pay of workers is…