Firstly, let’s separate out two different issues relating to pensions – the pension entitlement (essentially a benefit), and public sector pensions (part of a contract between the government and its employees). The Coalition government has made proposals relating to both this week, which is likely to confuse the issue of how specific measures might decrease …
Economics
VAT is the problem?
Detail is gradually emerging on the sorts of economic measures the new coalition government are likely to pursue. David Cameron insisted on Ministerial pay restraint for the duration of the current Parliament, The Guardian today suggests child benefit for middle-class families will be cut, while a BBC survey of economists points to increasing VAT as …