My regular review of news over the past seven days, including thoughts on Burnham’s first policy announcements, overseas aid, “anti-social businesses”, and the latest economic data (good, in parts). A week may be a long time in politics, but the new team at No.10 has navigated it well. A polished sequence of flashy policy announcements … Continue reading Weekly wrap: a perfect 10 for stagecraft, a shaky 3 for substance
Tag: ofgem
Don’t bank on a “Burnham bounce”
Andy Burnham's first week as PM has coincided with some better economic news. The more positive tone from No.10 may help a little further, but the inflation and fiscal risks haven't gone away. Andy Burnham’s first week as Prime Minister has coincided with some better news on the UK economy and especially on business and … Continue reading Don’t bank on a “Burnham bounce”
Burnham’s first big idea: lower your bills by raising your taxes?
It is obviously a bit harsh to judge anyone’s premiership by just one announcement on the first day, but a token cut in VAT on domestic electricity bills does not bode well. In case you missed it, the new government has announced that the rate of VAT charged on domestic electricity bills will be cut … Continue reading Burnham’s first big idea: lower your bills by raising your taxes?
Weekly wrap: more heat than light from the politicians
Politics is heating up for the summer, but there were at least a few more reasons to hope that underlying inflation pressures may be starting to cool. This is the second weekly wrap of the key points from my social media posts on the UK economy, on the markets, and occasionally on the politics too. … Continue reading Weekly wrap: more heat than light from the politicians
Plain-speaking Economics 