HMRC counting the pennies after job cuts
24 May 2012
Stat of the day: £1.1bn - How much tax has been lost because of job cuts at HMRC.
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JobsQuote of the day: 'It will put up the cost of people's insurance, put up the cost of people's pensions, it will cost many, many jobs. It will make Europe less competitive and I will fight it all the way.'
Stat of the day: £1.1bn - How much tax has been lost because of job cuts at HMRC.
An informal EU summit in Brussels ended last night with EC President Herman Van Rompuy making clear he wanted Greece to stay in the eurozone.
Stat of the day: 13%. The number of young people out of work across the globe. And the crisis will stay at this level until 2016, says the International Labour Organisation.
Greece's default looms large and Bankia teeters. Meanwhile, France attempts to edge away from the abyss.
Thousands of jobs have been safeguarded at the 50-year-old Ellesmere Port plant today after General Motors announced it is to manufacture the new Vauxhall Astra in the UK.
Mervyn King says the eurozone crisis remains a dangerous threat to the recovery of the UK economy.
The eurozone has narrowly avoided the dreaded double dip as Eurostat reports zero growth in first quarter GDP.
The March ONS data is out and, despite the recession, manufacturing is making a half-hearted comeback with a 0.9% rise.
Stat of the day: £400,000. The amount of money the House of Commons is to spend on giving all 650 MPs an iPad each.
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