Finance

Relating to finance: economics, public, corporate and personal finance, taxation, budgeting

Blog – Austerity, austerity, austerity

Universal credit began its roll out in Cambridge on 17th October, gradually to start off with, just new claims or people whose circumstances change. The full-scale transfer of all those on the relevant unemployment and in work benefits will come later. A few days later the government used their autumn budget to declare the beginning …

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‘Global finance should serve the real economy, not the other way round’ – Ann Pettifor kicks of imagine2027

Economist Ann Pettifor got the imagine2027 series off to a cracking start with a call to rein in global finance in order to build a more stable, fairer economy. The director of Policy Research in Macroeconomics (PRIME), a network of economists concerned with Keynesian monetary theory, Pettifor said global finance must serve the real economy, …

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Social Care: The Catastrophe Continues

In his latest report David Plank alerts us to cuts in services being made by local councils. Successive reductions in government funding since the first austerity budget in 2011 after the great financial crash are removing £24.7 billion a year from councils in England. By 2014 this had already been halved and the rest will go …

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Social Care: From Crisis to Catastrophe

Stuart Weir, 2015 Sep 07 Read the report: Social Care: From Crisis to Catastrophe Order a hard copy here. Our Fairness Review for September 2015 is a meticulous investigation into the social care services for vulnerable residents in Cambridge and Cambridgeshire, ‘Social Care: From Crisis to Catastrophe‘. It concludes that the crisis in social care …

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Cambridge City Food Bank Stats

Mark Page, 2015 Apr 08 Cambridge City Foodbank has provided statistics which make for sobering reading. Cambridge may be one of the wealthiest cities in the world but it has no lack of poverty amongst its poorest. Read the Cambridge News article here: Poverty in Cambridge – stats and facts that tell the story  

Is the Green Party Citizen’s Income Affordable?

Mark Page, 2015 Jan 23 The Green Party Citizen’s Income A Citizen’s Income would “replace most existing benefits, allowances and tax credits” and replace them with a simple regular payment to everyone – children, adults and pensioners. http://news.bbc.co.uk/1/shared/bsp/hi/pdfs/GRN_uk_manifesto.pdf UK benefit spending: how much in 2011-12? In the year 2011-12, the UK government spent £443bn on …

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Numbers Below Minimum Income Standard Soar

Stuart Weir, 2015 Jan 30 The Joseph Rowntree Foundation has published research showing that the proportion of people living in households with an income below the Minimum Income Standard[1] (MIS) increased by nearly a third between 2008/09 and 2012/13. The Minimum Income Standard (MIS) defines an ‘adequate’ income based on what the public think people …

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