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John Major becomes second PM in less than a week to criticise Universal Credit

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...

£1tn wiped off public sector since 2008 leaves UK public finances among weakest in world

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...

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