Political Promise

Archive for the ‘Newswire’ Category

Live: Budget 2011

In Newswire on March 23, 2011 at 10:40 am

Political Promise’s favourite day of the year: the Budget. Our live coverage will detail all the main points, all the analysis from our writers and readers and the wider blogosphere.

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Military Intervention in Libya: A Misguided Option

In Newswire on March 18, 2011 at 11:21 am

In his first post for Political Promise, Ust Oldfield suggests leaving the Middle East to sort itself out will be the best course of action. Read the rest of this entry »

Political Promise Tube: PMQs 09/03

In Newswire on March 10, 2011 at 10:29 am

WATCH: David Cameron answering Prime Minister’s Questions in the House of Commons.

Cameron Promises This Budget To Be Most Pro-Growth In A Generation

In Newswire on March 8, 2011 at 7:00 am

David Cameron announces that the forthcoming budget will be for the “go-getters and grafters” of society. Read the rest of this entry »

Barnsley By-Election Results

In Newswire on March 4, 2011 at 12:01 pm

Dan Jarvis, former paratrooper and Labour candidate for Barnsley Central won the by-election last night with 61% of the vote.

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Our non-relationship with languages

In Newswire on February 1, 2011 at 7:59 pm

Aaron Shiret examines language teaching in our secondary schools.

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The 2010 Spending Review: Initial Thoughts

In Newswire on October 20, 2010 at 1:16 pm

Allan Edgar shares his thoughts on the Comprehensive Spending Review. Read the rest of this entry »

The Tory party has thrown away Britain’s European influence

In Newswire on July 4, 2010 at 9:00 am

By Aaron Newell

Euro-sceptic tensions in Britain run far deeper than the changes to our road signs...

Foreign Secretary William Hague demanded Britain build its influence in Europe last Tuesday, yet the Conservative party’s main fault line has long savaged Britain’s influence in the world’s largest single market and emerging military power.

In a move to placate the party’s Euroskepticism in 2009, David Cameron removed the Conservatives from the European Parliament’s largest and most powerful grouping, The European People’s Party. And with that, he removed the Tories’–formerly one of the grouping’s largest members–ability to get that grouping voting one way or the other. Read the rest of this entry »

Captial Gains Tax: The problem of tax avoidance crackdowns

In Newswire on June 25, 2010 at 3:53 pm

By Aaron Newell

After the Liberal Democrats promised a tax avoidance crackdown in their manifesto, the coalition agreement included an agreement to increase Capital Gains Tax (CGT). As potential tax avoidance schemes are difficult to decipher at first, crackdowns can be equally opaque.

Share-schemes are good at explaining this. Share-scheme plans can allow businesses to pay employees–very often executives–in shares, and shares are classified as Capital Gains when sold. That is, taxed less than income. Such scheme are very popular in the City and the world of big business. And a CGT increase makes such schemes far less profitable. Read the rest of this entry »

Was the Sheffield Forgemaster loan a Labour trap?

In Newswire on June 20, 2010 at 8:42 pm

By Aaron Newell

After the most recent budgetary cuts, Sheffield Central Labour MP Paul Blomfield said: “The Lib Dem and Tory government has cost Sheffield new jobs and growth, and people will remember this for a long time”, echoing the resentment the North has traditionally held for the Tories after Thatcher’s monetary policy caused mass unemployment in the North.
Blomfield’s rancour is not, however, without justification. In the Coalition’s most recent budgetary announcement, plans to redevelop land into an industrial estate, plans for a new retail quarter and, more notably, plans for a £80 million loan to Sheffield Forgemasters to develop forgings for the next generation of nuclear technology were cancelled. Read the rest of this entry »