The Chancellor behaves as if he believes the Office of Budget Responsibility forecasts. That way disaster lies. In November they forecast a£394bn deficit for the year to March 2021. By March this year they had found an extra £40 bn and said the defi… read more
The world trading system is not functioning as well as it used to. What began as a result of shut downs of factories and shops from anti covid policies pursued in many countries has morphed into a more complex set of problems getting in the way of smo… read more
Let me begin by stating clearly I am not advocating any new taxes and certainly not lobbying for any. There are, however, many worried that if electric cars take off and significant numbers of petrol and diesel cars are pensioned off there will be a … read more
There is no such thing as an independent Central Bank, owned as they are by governments on behalf of states or the EU. It is possible for Central Banks to call the shots on interest rates, credit, banking and money supply for periods without governme… read more
The government is keen to introduce plant based material into petrol for our vans and cars. They see this as a green option, and claim that moving to a ten per cent content in petrol is the equivalent of taking 300,000 cars off the road. Given their s… read more