Even the dodgy official estimates suggest that the proposed UK-EU ‘reset’ would boost the UK economy by no more than 0.4% in the long run. Rarely has so much been given away in return for so little. Next Friday (20 November) brings a crucial summit aimed at approving a ‘reset’ of Britain’s relationship with the … Continue reading Brace for a toxic UK-EU ‘reset’
Tag: Andy Burnham
Weekly wrap – Three reasons to expect an early election
Including more on the Budget, what’s really happened to UK exports to the EU, who’s ready to tackle the welfare bill, another piece of worrying news on inflation, and another dig at Mark Carney... Theme of the Week As expected, John Healey’s first Budget was largely a non-event and, as such, a missed opportunity. Leading … Continue reading Weekly wrap – Three reasons to expect an early election
Seven things to watch for in the Budget
Including thoughts on the OBR’s new forecasts and old Brexit assumptions, PuFIns, bank ‘windfall’ taxes, youth minimum wages, and why we actually need a ‘do some real good’ Budget. John Healey will probably be aiming for a low-key ‘first do no harm’ Budget: a few treats for households and businesses, with no nasty surprises for … Continue reading Seven things to watch for in the Budget
The ‘missing’ trillion-pound UK sovereign wealth fund is pure fantasy
Hopefully, whoever suggested the line about a ‘trillion-pound wealth fund’ to the person in charge of the UK's public finances will be suitably embarrassed by now. But I suspect not. One of the Burnham government’s most rational decisions so far has been to green light production from the Jackdaw gas field. The UK will need … Continue reading The ‘missing’ trillion-pound UK sovereign wealth fund is pure fantasy
