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Posts Tagged ‘spending’

Banks to repay mortgages now inflation is negative

‘It’s the only decent thing to do,” said Mark Carney, governor of the Bank of England, after announcing that inflation had turned negative and that consequently banks will be reimbursing mortgage payments. George Osborne immediately outlined plans to reimburse savers tax paid on their savings, backdated indefinitely.

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Posted: May 20th, 2015
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Osborne cuts spending on things

Chanceller George Osborne has announced plans to cut spending on ‘all kinds of things’.

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Posted: Aug 24th, 2010
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