Austerity Britain

The coalition is sticking with its 'Plan A' to reduce Britain's fiscal deficit sooner rather than later. Its leaders trumpet the advantages of maintaining the UK's credibility, but at the cost of sweeping cuts affecting every area of public spending. As the below shows, the challenges this poses for politicians - both in government and in opposition - are acute...

Rishi Sunak leaves No. 11 Downing Street ahead of his summer statement to Parliament (photo: Press Association)

Sunak's 'V-shaped' gamble

It's easy to see how Sunak's proposals can work with a 'V-shaped', bounce-back economic recovery - but events may overtake him without one.

Opinion Former News

George Osborne with his Lib Dem deputy, Danny Alexander

Feature: Should Osborne splurge in Budget 2012?

Despite everything, George Osborne is thought to have some spare cash to play wfor this year's Budget. What's he going to do with it?

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