Homelessness and anti-austerity campaigners who have formed a protest camp outside the city council chambers in Manchester’s Albert Square could be gone within hours after losing a court battle to remain.
Poverty-stricken families who face the dilemma of whether to heat their homes or go hungry will be given free fuel vouchers under a new pilot scheme so they can afford to meet soaring energy bills in a climate of ongoing austerity.
Chancellor George Osborne is facing a £30 billion black hole in his budgetary plans if he is to honor the Conservative Party’s general election pledges and still meet the party’s deficit-slashing targets by 2020, the Institute for Fiscal Studies warns.
With only weeks to go before the general election in the UK, a statement by some of the UK's leading mental health experts has warned that austerity policies are having a seriously damaging effect on the psychological well-being of ordinary people.
Goldman Sachs’ claim that a Labour victory in the general election would impact negatively on Britain’s economy has been dismissed by leading British economists, who say the Wall Street giant’s outlook is laughable and colored by self-interest.
Those in the EU who want Greece to leave the eurozone are playing with fire, country’s Finance Minister said, claiming that no “fence” could possibly exist that would protect the union from a domino effect should Greece or any other member leave.