SHADOW chancellor Ed Balls has described George Osborne’s fiscal plans as a ‘colossal failure” and are “lying in tatters”.
According to Balls, the government has slammed on the economic breaks to hard, which has stalled growth and harmed business and consumer confidence.
He claims that there will be well over £100bn more borrowing than Osborne planned a year ago, and more borrowing than the plan inherited from the previous government.
The biggest threat of turmoil relates to uncertainties over the US November elections. The markets will have to seriously consider the possibility of Donald Trump being elected
As the British government starts the complex process of considering the form of the UK’s post-Brexit relationship with the European Union (EU), one issue will be foremost in the minds of exporters – tariffs
Anthony Harrington examines the actions trustees and sponsors of defined benifit pension schemes should take in response to Brexit
The abrupt swing - from gloom and despondency after the Brexit result became known, to a mood of complacency now - is premature and deceptive, writes David Kern