budget

Chancellor George Osborne's Budget next week runs the risk of being a "dangerous missed opportunity" if he sticks to his guns on austerity, leading economist Roger Bootle (pictured) has said.

Senior backbench MPs are being lobbied to set up a powerful US-style committee that would scrutinise the public finances as a whole and try to head off major fiscal disasters.

GOSLING'S GROUSE

The Spanish government has announced €40bn in spending cuts and budget savings in its latest attempt to turnaround the country's struggling economy.

George Osborne will deliver his annual Autumn Statement on 5 December.

BUDGET-LITE

Investment Week today brings you LIVE coverage of all the measures in what some observers are dubbing a "Budget for the rich".

The US is set to see another ratings agency strip it of its AAA-credit rating by the end of the year, Bank of America Merrill Lynch has predicted.

BUDGET 2011 BLOG

The top rate of VAT has risen from 17.5% to 20% as the government looks to boost tax revenues to cut the UK's debt levels.