ECONOMY

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Chancellor of the Exchequer, George Osborne

A Little Cheer For the Young in Last Week's Budget

For some time past, articles in the national press and media programmes dealing with current affairs, have indicated that the current younger generation is unlikely to match the living standards of their parents. The Chancellor, George Osborne's latest Budget did almost nothing to change that situation though ultimately we all depend, to a greater or lesser extent, on the drive and wealth creation of those up-and-coming.
Public Sector Net Borrowing Trends

UK Feb Borrowing Smashes Expectations

The U.K.'s public sector net borrowing increased more than anticipated in February 2012, while striking a record value for the month of February, according to the latest data released from Office for National Statistics (ONS).