Authentic African News » Economic policy
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IFS: government needs extra £5bn to fund spending promises
Thinktank says Wednesday’s spending review will amount to boost of £9bn, with £4.5bn already accounted forThe Treasury will need to find an extra £5bn from next year to fund the government’s spending promises, according to the Institute for Fiscal Studies (IFS), which said the increase could undermine the Treasury’s commitment... -
Austerity is a political choice, not an economic necessity
Neoliberal economists present themselves as ‘neutral’ technocrats, but they’re actually partisans for the status quo. Don’t fall for itThe outcome of austerity policies in Britain and elsewhere has become painfully clear: increased child poverty and social misery; declining life expectancy; an increase in racial inequality; decaying public schools and public...