In response to overwhelming public demand (not really!) here is my take on the impact that the incoming Labour government has had on the UK economy. Clearly, it’s early days and there is still all to play for, but the initial signs are not encouraging. The obvious place to start is the health of the … Continue reading Labour’s first 100 days – the economy
Tag: Budget
Labour’s plans for pensioners don’t go far enough
The Labour Government’s determination to restrict eligibility for Winter Fuel Payments is the sort of decision that the fictional Sir Humphrey Appleby would describe as ‘courageous’. The House of Commons’ motion calling on the Government to delay the implementation of this change has no real chance of passing. But why on earth are Keir Starmer … Continue reading Labour’s plans for pensioners don’t go far enough
“Abacus Economics 2.0”
It is tempting to dismiss Rachel Reeves’ statement to Parliament on the health of the public finances as merely a piece of political theatre. The main purpose was indeed to blame the Conservatives for the consequences of decisions taken by the new Labour government, and to prepare the ground for tax rises in the Autumn. But there … Continue reading “Abacus Economics 2.0”
A ‘glass half full’ take on the Budget
There has been the usual blizzard of commentary on last Wednesday’s Budget – most of it negative – which continued over the weekend. For chapter and miserable verse, try the IFS or the Resolution Foundation. This piece will reflect instead on three positives and offer a quick verdict on some of the individual announcements. The … Continue reading A ‘glass half full’ take on the Budget
Plain-speaking Economics 