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By N2H

Sliding along on oil



UPA-II seems to have finally discovered a sense of humour, and a wicked one at that. With the Kirit Parikh report in place, the pink papers were busy speculating that the question was no longer “when” but by “how much” the prices of at least petrol and diesel would be raised.

Read more on Sliding along on oil…



Obama urges spirit of compromise on healthcare

Author: By Steve Holland, Reuters

Obama concentrated on the healthcare debate in his weekly radio and Web
address at the end of a week dominated by foreign policy challenges in Iran
and Afghanistan and a quick trip he made to Copenhagen in a losing effort to
get the 2016 Summer Olympics for his adopted hometown, Chicago.

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£6 broadband tax ‘will be law’ before next election

Author: By Nick Clark

Mr Timms, the Financial Secretary to the Treasury and minister for Digital Britain, said: “We want to make high speed networks nationally available. The next-generation fund will help that and we will legislate for it this side of a general election.”

Read more on £6 broadband tax ‘will be law’ before next election…

Labour fends off fresh rebellion over 10p tax

Author: By Andrew Grice

Ministers beat off a Labour backbench attempt to compensate all the losers from the move, which was included in Mr Brown’s last Budget as Chancellor in 2007.

Read more on Labour fends off fresh rebellion over 10p tax…

Labour rebels hold Budget to ransom

Author: By Andrew Grice, Political Editor

They signed an amendment to the Finance Bill which implements this year’s Budget. The rebels include Blairites Siobhain McDonagh and Sally Keeble and left-wingers Diane Abbott, Alan Simpson and John McDonnell.

Read more on Labour rebels hold Budget to ransom…

Freeze public-sector pay, says spending watchdog

Author: By Brian Brady

In the face of the bitter political row over how the economy can recover,
Steve Bundred also accuses party leaders of failing to be honest about the
need for cuts, even in front-line services such as health and education.

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Budget could be blocked by group of rebel Labour MPs

Author: By Andrew Grice, Political Editor

A dozen Labour MPs have backed an amendment to the Finance Bill, which includes the measures in the April Budget, saying they cannot take effect until there is full compensation for all 3.5 million people who lost out when the 10p in the pound rate was abolished last year.

Read more on Budget could be blocked by group of rebel Labour MPs…