Can Ken stay on his pedastal: Kenneth Clarke survived his ordeal at the Tory conference this week, but will his hard-won reputation survive November's budget?

Article Abstract:

Kenneth Clarke, chancellor of the exchequer for the UK, has created a healthy economy yet he faces criticism for his policies. Restrictions on government spending do not allow tax cuts and pressure to increase social spending makes such cuts even less likely. Some tax credits were eliminated.

Public Finance Activities, Tax Reduction, Analysis, Economic aspects, Taxation

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A nasty job for some poor chancellor: the economy

Article Abstract:

Gordon Brown, who is likely to succeed Chancellor Kenneth Clarke following the next election, may raise interest rates and taxes as one of his first acts. Higher interest rates will be needed to control inflation, while higher taxes will establish Brown as a 'tough' chancellor.

Brown, Gordon (British politician)

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Can Ken and Eddie do it: the economy

Article Abstract:

Clarke and George agreed on Feb 2, 1995, to increase interest rates by .5%, to 6.75%, as an anti-inflationary move. Most economists feel inflation is under control, but investors and the financial markets are expecting inflation to rise as high as 5%.

Inflation (Finance), Interest rates, George, Eddie, Inflation (Economics)

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