Are political pledges not to increase income tax, national insurance or VAT believable?
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Both the Conservatives and Labour have promised not to raise income tax, national insurance or VAT should they win the election – but most voters don’t believe them.
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Both should work hand in hand to ensure the best outcomes for the economy as a whole. But they operate quite differently.
With Patrick McHenry leading the House as speaker pro tempore, spending and legislative options appear limited.
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A major crisis abroad may exacerbate internal divisions within one of the US’s major political parties.
A shutdown last happened in 2018. Could it happen again?
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Lawmakers have given themselves a virtually impossible task – and the stakes are high.
The Hope Hostel in Kigali is the proposed destination for deported migrants if the government wins its appeal.
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The maths behind this number, explained.
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It’s not always the case that poorer citizens want more public spending and richer people want less.
House Speaker Kevin McCarthy has billed the deal as a victory for his party.
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Congress passed and the president signed the deal just days before the US was expected to default on its debt.
Treasury Secretary Janet Yellen doesn’t want to look back in anger over a debt deadline missed.
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If the US fails to increase its debt ceiling by June 1, it could be forced into an embarrassing – and hugely costly – default on its obligations.
Understanding economic news.
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Reading economic news can be confusing. Here’s how to understand what the news is – and isn’t – telling you.
This could get ugly.
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Central banks are raising interest rates to tame inflation, but 2023 will increasingly turn a technical decision into a political challenge.
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Politicisation of taxpayer-funded advertising is wasteful and creates an uneven playing field in elections.
Head down, taxes up.
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November 17, 2022
Phil Tomlinson , University of Bath ; Adi Imsirovic , University of Surrey ; Cam Donaldson , Glasgow Caledonian University ; Despina Alexiadou , University of Strathclyde ; Gavin Midgley , University of Surrey ; Hilary Ingham , Lancaster University ; Jennifer Castañeda-Navarrete , University of Cambridge ; Jonquil Lowe , The Open University ; Karen Bloor , University of York ; Peter Bloom , University of Essex ; Shampa Roy-Mukherjee , University of East London ; Steven McCabe , Birmingham City University ; Supriya Kapoor , Trinity College Dublin , and Tolu Olarewaju , Keele University
Our panel of academics responds to the UK government’s latest economic plans.
Former British Chancellor of the Exchequer and new Tory leader Rishi Sunak is set to become the next UK prime minister.
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Rishi Sunak is taking over as UK prime minister from Liz Truss during very difficult economic times.
A spring in his step?
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March 23, 2022
Keith Baker , Glasgow Caledonian University ; Cam Donaldson , Glasgow Caledonian University ; Ernestine Gheyoh Ndzi , York St John University ; Gavin Midgley , University of Southampton ; Jonquil Lowe , The Open University ; Karen Bloor , University of York ; Karl Schmedders , International Institute for Management Development (IMD) ; Peter Bloom , University of Essex ; Phil Tomlinson , University of Bath ; Renaud Foucart , Lancaster University ; Sarah Schiffling , Liverpool John Moores University ; Slawomir Raszewski , University of East London ; Steven McCabe , Birmingham City University ; Victoria Honeyman , University of Leeds , and W David McCausland , University of Aberdeen
The government knows 2022 is going to be tough for voters.
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A new analysis shows how government policy led to thousands more overcrowded households in the years ahead of the pandemic.
The sky’s not always the limit.
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Republicans and Democrats have negotiated a draft deal that may avert a financial crisis, but why does the US have a debt ceiling in the first place?
Government spending bills that cost billions or trillions of dollars can seem abstract.
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It’s awfully hard to wrap your mind around a sum that large. But converting it to a more bite-size representation can affect a voter’s willingness to support government spending.
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The campaign shows promise. But it’s not clear if it will preempt and respond to people’s concern about vaccine safety.
Volunteers prepare food bags for children left without free school meals during the holidays in October 2020.
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Spending decisions can often be explained by looking at who voted for the party in government.
The Fed can create all the money Uncle Sam needs.
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Congress is spending trillions of dollars trying to rescue the US economy and support workers and businesses. Can America afford it? ‘No sweat,’ according to modern monetary theory.