Sir John Major has become the second former Prime Minister in less than a week to criticise Universal Credit, warning the Conservative Party could run into the same problems they had with poll tax in the late 1980s. Riots broke out across Britain under Margaret Thatcher’s tenure in protest against the Community Charge (colloquially known as the "poll tax") which were considered regressive taxes that shift the tax burden from the rich to the poor. And the same arguments are...
"A series of secret internal inquiries reveal that Conservative Ministers were repeatedly warned of the policy’s shortcomings"
“I don’t think about being cut much now because even if I did, I won’t get it back again so what is the point. But I don’t want the same thing to happen to others.”
Europe's most famous volcano in Italy was already known to be edging slowly towards the Mediterranean
It comes after Banksy hit headlines when his ‘Girl With Balloon’ painting began to shred itself moments after selling for $1.37 million
Ruth Thomas, 37, made the grim discovery while she was searching for an injured fox in a suburban garden in Forest Hill, south east London
An IMF report has concluded that the UK’s public finances are some of the worst on the planet. Since the banking crash of 2008 nearly £1tn has been slashed from the public sector, which is 50% of GDP. Bailing out the banking sector and public sector pension liabilities hugely contributed to the poor state of the UK’s public finances. Of 31 countries only Portugal was in a weaker position. The Gambia, Uganda and Kenya rank above the UK. Norway ranked...
One of the stumbling blocks with autonomous cars has been their inability to interpret visual cues from pedestrians, making them overly cautious.
Ely in Cambridgeshire has launched a campaign to create and distribute fabric bags around the city
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© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.
© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.