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Govt shedding £15 billion on regional development agencies
Govt shedding £15 billion on regional development agencies

The government is shedding public money on its regional development agency (RDA) scheme, new research has revealed. An investigation conducted by the Taxpayers’ Alliance shows the economic performance of the areas RDAs work in has failed to improve and in some cases even slowed down, despite spending over £15 billion on the scheme. “RDAs have… Read more »

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A still from the film 'There Will Be Blood'
Feature: And now. an oil crunch?

The UK’s economic woes come from a toxic cocktail of credit crunch and sky-high oil prices. But while some analysts expect the effects of the credit crunch to improve within months, the problem with oil is looking far more severe. A new report has warned an ‘oil crunch’ looms on the global horizon, unless there… Read more »