The Financial Times is reporting today (15 February) that Rachel Reeves is ready to break another promise by extending the freeze on personal tax thresholds (one of the UK's least stealthy 'stealth taxes') beyond 2028 in next month's 'not a Budget' Budget. Here are four quick points. First, this report is plausible. The current freeze … Continue reading Is Rachel Reeves about to break another tax pledge?
Tag: tax
Labour is gaslighting the public to hide its economic failings
In a recent interview, Chancellor Rachel Reeves insisted that she would not ‘gaslight’ working people over her plans to turn the economy around. Unfortunately, this merely turned up the dial on the irony meter. The new government has consistently made dodgy claims in an attempt to convince voters that the reality is somehow different from … Continue reading Labour is gaslighting the public to hide its economic failings
Should we lower the voting age to 16?
Here is the latest iteration of my schools presentation on the pros and cons of lowering the UK-wide voting age, updated with some fascinating polling (I think) on how 16- and 17-year-olds might have voted in the 2024 GE (slides 14 and 15)... Votes at 16 (October 2024)Download
“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”
Plain-speaking Economics 