Remedy for UK deficit will leave patient feeling groggy for years to come

Bricklayers working in Hatfield. The construction industry took a big hit from the recession and expects the outlook to get tougher. Photograph: Frank Baron for the Guardian It was a bright, sunny day when 19 senior executives, each representing one of the government’s biggest suppliers, trooped into Admiralty House off Whitehall to meet the Cabinet [...]

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Osborne’s cuts to hit private sector

Bricklayers working in Hatfield. The construction industry took a big hit from the recession and expects the outlook to get tougher. Photograph: Frank Baron for the Guardian It was a bright, sunny day when 19 senior executives, each representing one of the government’s biggest suppliers, trooped into Admiralty House off Whitehall to meet the Cabinet [...]

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Experts call for ‘Tobin tax’ on forex trades

IMF chief Dominique Strauss-Kahn argues that ‘Global Solidarity Tax’ would be passed on to customers and investors. Photograph: Stephen Jaffe /Reuters An international group of finance experts including the boss of the UK’s main chartered accountancy body, have criticised plans for bank taxes put forward by governments and the International Monetary Fund in favour of [...]

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