Tag: foreign aid

Sunak breaks the fundamental rule: ‘first, do no harm’

I’m only just coming to terms with how cross I am about the Chancellor’s speech today. This should have been a relatively uneventful one-year Spending Review, setting departmental limits for 2021-22, and summarising the latest economic and fiscal forecasts from the OBR. But, in my opinion, Rishi Sunak made two big mistakes. First, he got … Continue reading Sunak breaks the fundamental rule: ‘first, do no harm’

‘Global Britain’ shouldn’t be taking an axe to foreign aid

According to The Times, the Treasury is pressing for foreign aid to be cut temporarily from 0.7% of GDP to 0.5% as part of next Wednesday’s Spending Review. This would be both poor economics and dreadful politics. By way of background, the International Development Act of 2015 commits the government to spend 0.7% of national … Continue reading ‘Global Britain’ shouldn’t be taking an axe to foreign aid