The west’s leading economic thinktank on Tuesday dismissed the concept of trickle-down economics as it found that the UK economy would have been more than 20% bigger had the gap between rich and poor not widened since the 1980s.
Get ready for more cuts. That was the message delivered by David Cameron to the CBI’s annual conference when he warned that more savings would have to be found in the next parliament.
Ed Miliband is under increasing pressure to back an in/out referendum on Britain’s EU membership, after a survey showed more Labour supporters are in favour of a vote on Europe than against it.
The global economy faces headwinds from a sluggish eurozone and rising political tensions, including the uncertain outcome of Scotland's independence referendum, a leading thinktank has warned.
This was supposed to mark the end of Labour's long wait.
Margaret Thatcher and her chancellor Sir Geoffrey Howe were behind a politically toxic plan in 1982 to dismantle the welfare state, newly released Downing Street documents show. She later attempted to distance herself from the plans after what was described as a "riot" in her cabinet.
David Cameron has failed to end the Tories' image as the party of the rich and is paying the price as Conservatives struggle to extend their appeal to urban areas in the north of England, according to the head of Downing Street's favourite thinktank.
A fresh row has broken out over Republican presidential challenger Mitt Romney's vow to extend tax cuts for America's richest people after a study found it would likely see the fiscal burden placed on poorer and working class families increase.