Keir Starmer’s suited and rebooted Labour Party looks set to sweep to power and says it is ready for business. But Labour will also inherit an economy suffering from a chronic lack of growth, a housing crisis, and failing public services. Nothing seems to be working properly and productivity has stagnated. Can Labour get the … Continue reading Broken Britain: can a Labour government fix it?
Tag: Rachel Reeves
Rachel Reeves ‘£4,800’ mortgage claim is a house of cards
Labour’s Rachel Reeves has scored some political points this week by claiming that the Conservatives have made £71 billion of “unfunded policy pledges”, and that this will “mean £4,800 on your mortgage”. But these calculations are simply absurd and easy to knock down. Let us start with the ‘£71 billion’. This figure first appeared in … Continue reading Rachel Reeves ‘£4,800’ mortgage claim is a house of cards
Rachel Reeves’ tax pledges are a hostage to fortune
“Read my lips: no new taxes.” Older readers may remember US Presidential nominee George H W Bush saying those words at the 1988 Republican National Convention. Of course, this pledge was then broken, playing a large part in Bush’s defeat by Bill Clinton four years later. Labour’s Rachel Reeves may just have made the same … Continue reading Rachel Reeves’ tax pledges are a hostage to fortune
Plain-speaking Economics 