The Labour party used to joke that the Tories would act as their cleaners: win, take the political pain, abolish the deficit by 2015 and then hand over a balanced budget when they lost the election. George Osborne has, at the very least, put paid to that. His Spending Review this week made it clear
Home George Osborne, the Chancellor of the Exchequer, outlined cuts of £11.5 billion from departmental spending for the tax-year beginning in 2015. David Gauke, a Treasury minister, gave a ‘firm commitment’ in a letter to backbenchers to introduce a transferable tax allowance of £750 between spouses and civil partners paying tax at the basic rate. This
David Cameron wants the international community to do something about big business avoiding paying tax. If only it were as simple as that. Ancient philosophers, beginning with Aristotle (4th C BC), made a distinction between man-made law, which was peculiar to a state that made it and derived its validity simply from its adoption by that
Field reports The Glastonbury Festival is once again being held at Michael Eavis’s dairy farm at Pilton, just outside the Somerset town. The venues of some other famous festivals: — Monterey: the festival most associated with the 1967 ‘Summer of Love’ was held at the Monterey County Fairgrounds, previously used for jazz festivals. — Woodstock:
We’ve only just begun Sir: In Ross Clark’s article ‘Cuts, what cuts?’ (22 June), he suggested that I was boasting about saving the taxpayer £5.5 billion. It’s true: I’m proud of my department’s Efficiency and Reform Group and the work of civil servants across Whitehall who have sliced out wasteful spending. But the figures he
