The government’s much discussed benefits cap today rolls out across the UK, where no family will now receive more than £26,000 per years in benefits, with single people limited to £350 per week.
Europol’s recently published European Union Serious and Organised Crime Threat Assessment has identified that organised crime is increasing across the continent with the threats posed by illicit trading fuelled by the continuing financial crisis.
In an economy when unemployment is rising, by sacking public sector workers, the government are reducing that departments capacity for work, but still paying for both employees as the other is forced onto benefits says Richard Murphy
Chancellor George Osborne is preparing to announce a spending plan which includes £11.5 billion in cuts for the year 2015/16 in an attempt to bring down the deficit.
An attempt to replicate the results of the Reinhart and Rogoff study into the correlation between high GDP debt and economic growth titled “Growth in a Time of Debt” that is the statistical basis for the arguments for austerity policies has resulted in a number of fundamental errors being found in the model.