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Government Spending

$561bn Pentagon budget planned, advocates say real budget is $1trn
The White House will be seeking $561 billion from Congress to run the Pentagon in 2016 – its largest budget ever. However, a research and advocacy director told RT that the budget is closer to $1 trillion, and has been for several administrations.

30.01.2015 02:18

Bank of England chief 'delusional' to claim UK escaped debt trap - economist
Mark Carney’s claim that Britain has escaped a “debt trap” common to Eurozone states has been dismissed by UK economist Michael Burke as “delusional.” Burke says Britain's debt has merely been transferred from private firms to UK homeowners.

29.01.2015 12:48

‘National moral disgrace’: Over 1 in 5 US children on food stamps & living in poverty
Over 20 percent of US children ‒ an estimated 16 million youths ‒ are on food stamps, according to the latest government figures. That number has almost doubled since the Great Recession began in 2007. Nearly a quarter are living below the poverty line.

28.01.2015 23:02

​Spelling error costs UK govt £9mn – and causes 124yo Welsh engineering firm to collapse
A spelling blunder has cost the government almost £9 million and caused the demise of a successful 124-year-old, family-run business that took five generations to build.

28.01.2015 17:10

Military must ‘sweat buildings & land’ in asset sell-off – UK defense secretary
Britain’s Ministry of Defence (MoD) must sell off more airfields, barracks and vehicles in order to cut costs, Defense Secretary Michael Fallon will say on Wednesday.

28.01.2015 09:15

​UK govt ‘gags & intimidates’ charities that criticize austerity policies
British charities say they have been targeted in a “subtle” yet “menacing” fashion by prominent political figures for publicly criticizing the coalition’s austerity policies. Others are silenced by gagging clauses in government contracts.

27.01.2015 14:12

UK’s Americanized development programs fail to address corruption – MPs
UK development funding is being channeled into “less accountable” political systems prone to corruption and conflict as a result of the government’s use of US-style organizations to strengthen parliaments abroad, a committee of MPs warns.

27.01.2015 09:24

Frackdown: Government concedes to national park fracking ban
In a victory for the Labour Party and other opponents of fracking, the Conservative-led coalition has announced that fracking will be banned in all national parks. Further restrictive measures were also placed upon shale gas companies.

27.01.2015 09:27

‘If they can do it in Greece, we can do it here!’ British left stage Greek embassy demo
Following Syriza’s Greek election triumph, left-wing campaigners from Britain’s Trade Unionist and Socialist Coalition (TUSC) held a celebration and solidarity demonstration at the Greek embassy in London.

26.01.2015 15:09

Syriza triumphs: Cameron defends austerity, British left say ‘hope has won’
Syriza's Greek election victory has dealt a blow to Eurocrats’ austerity agenda. As the European left celebrated the party's triumph, UK Prime Minister David Cameron warned the result will prompt further “economic uncertainty” in Europe.

26.01.2015 09:18

Fracking moratorium rejected as protesters descend on Parliament
Activists descended on Parliament Square to protest against fracking plans, as MPs voted on the future of Britain's shale gas industry.

26.01.2015 08:49

​Drastic cuts & privatization of state forensics may sabotage criminal trials
Problems surrounding the government’s privatization of state forensic services coupled with drastic budget cuts for forensic analysis could lead to serious miscarriages of justice and the collapse of criminal trials, a government watchdog warns.

22.01.2015 09:46