Search Result for 'austerity'

Rather than drawing back on fiscal support in an effort to balance the books, the IMF has recommended a "synchronised public investment push" to boost growth.

"What we must learn from this is that there is a public economy as well as a private market economy."

"People are going to ask where all this money has come from” after the crisis, Laurence Boone said.

Rather than quantitative easing for the banks, there should be quantitative easing for the people.

“I think many aspects of the Chancellor’s statement yesterday seem to herald a new age of austerity for public-sector workers, for low-income people and for those already living in poverty.”

An economics expert told the newspaper that Laura Kuenssberg was speaking "absolute twaddle".

“Austerity is not going to feel like it’s over for lower-income families because the Chancellor yesterday chose to continue with plans to cut £1,000 from six million households’ benefits next April at a time when unemployment will be nearing its peak."

According to research by union GMB public-sector employees outnumber new MPs’ majorities in 43 out of the 54 seats that the Conservatives won from Labour last year.

“We saw ministers join millions of us clapping firefighters, refuse collectors, social care workers – I don’t think this would be the time to reward them with a real pay cut."