Tag: public finances
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Fabian Society slams Green leader Zack Polanski over ‘unicorn’ economics
Politically charged critique from the Fabian Society The debate over economic policy ahead of the next election intensified after the Fabian Society’s general secretary, Joe Dromey, labeled Green Party leader Zack Polanski’s proposals as offering voters “unicorns” and “fantasy” solutions. Dromey argued that concepts such as a wealth tax would not deliver the stabilizing impact…
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Green Leader Faces Fabian Society Critique Over ‘Unicorn’ Economic Plans
Background: The critique from the Fabian Society The Green Party is under fire from a prominent progressive think tank, with the Fabian Society’s general secretary, Joe Dromey, accusing party leader Zack Polanski of offering voters “unicorns” and fantasy solutions. The central criticism is that Polanski’s policy proposals, particularly a wealth tax as a remedy for…
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Fabian Society Critics Zack Polanski’s Unicorn Policies: Labour urged to challenge Green claims
Fabian Society warns of unicorn politics from Zack Polanski The head of the Fabian Society has described the Green party leader Zack Polanski as offering voters “unicorns” and fantasy solutions, prompting Labour to mount a serious response. In remarks that underscore growing tensions between the mainstream Labour camp and the Green leadership, the Fabian Society’s…
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CRA Says $10 Billion in COVID Benefits Went to Ineligible Recipients
Canada’s COVID Benefit Overpayments: A Closer Look The Canada Revenue Agency (CRA) has announced that up to $10 billion in COVID-19-related benefits may have been distributed to ineligible recipients since the program’s inception in 2020. The revelation comes as part of ongoing audits and reviews aimed at identifying and recovering improper payments from a relief…
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Canada Faces $10 Billion COVID Benefit Overpayments to Ineligible Recipients, Cracking Down on Relief Gaps
Overview: A Myriad of Mistakes in COVID Relief Disbursements As Canada continues to scrutinize the COVID-19 relief programs, the Canada Revenue Agency (CRA) disclosed that approximately $10 billion in COVID-related benefits were paid to ineligible recipients. The revelation underscores a broader debate about how emergency aid was distributed during the pandemic and how the country…
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Will Britain ever shake its ‘moron premium’? A closer look at policy, inflation, and growth
Introduction: the phrase and the finance landscape The idea of a country bearing a “moron premium” — a metaphorical cost attached to political missteps, policy confusion, or poor economic signals — has resurfaced in debates about the UK economy. As Rachel Reeves closes 2025 with encouraging data on inflation and gilt yields, the question becomes…
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UK Lords Warn Young People Will Bear Brunt of Ageing Population
Introduction: a looming intergenerational challenge A House of Lords inquiry has highlighted a growing concern: the United Kingdom’s ageing population could place the heaviest burden on younger generations. The failure to address unsustainable pressure on public finances and living standards risks widening gaps between generations, according to the influential parliamentary report. What the Lords found…
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UK Ageing Population: Why Young People Bear the Burden
Introduction: The Lords’ finding and why it matters A recent House of Lords inquiry has highlighted a stark consequence of demographic change in the United Kingdom: young people will bear the consequences of an ageing population. With public finances stretched and living standards under pressure, the report argues that policy responses have not kept pace…
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Young People Hit Hardest by UK’s Ageing Population, Lords Warn
Introduction: A Growing Challenge for the Young The House of Lords has warned that young people in the United Kingdom will suffer the most from the government’s handling of the country’s ageing population. The inquiry highlights unsustainable pressures on public finances and living standards that could widen intergenerational inequality if not addressed with urgent policy…
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Rachel Reeves and the Autumn Budget: Five Key Charts Explained
What the autumn budget aims to change Chancellor Rachel Reeves faces a defining moment as she unveils her autumn budget, a plan many expect to map a path through tax rises and targeted spending. With the government under pressure to show credibility on public finances, the budget is being framed not just as a set…