Despite all the Chancellor's fine talk about reducing child poverty, the Treasury's own figures show that the number of low-paid people who suffer higher marginal rates of tax than millionaires will increase by 320,000 next year.

Added: 2008-03-12

Budget 2008: 'Income tax at 70 per cent'

Category: varial news

Sarkozy urges UK to play full role in Europe

President Nicolas Sarkozy appealed to Britain to work with France to create a stronger Europe and a 'new globalisation' built on freedom, equity and responsibility

West Coast dream crashes as Californian city Vallejo considers going bankrupt

Vallejo, California, is notable for many things. It was the state capital, for example, if only briefly, in 1851. It is the home of Boomerang, Kong, ROAR! and V2: Vertical Velocity, evocatively named rollercoasters at the sprawling Six Flags Discovery Kingdom theme park. And, as of this week, it is seeking to declare itself bankrupt.

Thousands to have usual credit lines cut off

Almost 600,000 people will be unable to refinance their debts this year after finding their usual lines of credit cut off, forcing them to go bust or sign expensive bankruptcy-lite agreements. About one million Britons are struggling with