In the year to March 2021, the pandemic year, the UK state borrowed an extra £298bn. This was well down on the original forecasts that the state would borrow almost £400 bn extra, and well down on the budget forecasts just four months before the year … read more
During the pandemic a Conservative government presided over a major expansion of state debt offset by a major purchase programme of that debt by the Bank of England, itself owned by the same state. This mirrored a similar exercise by Labour and the C… read more
The government response to the pandemic here and in most countries around the world damaged the free enterprise parts of economies, boosted state spending and borrowing and greatly increased state control. In the next few blogs I am going to look at w… read more
The EU Treaty contains the following: Artic1e 8.1 The Union shall develop a special relationship with neighbouring countries, aimingto establish an area of prosperity and good neighbourliness, founded on the values ofthe Union and characterised by cl… read more
Sir John Redwood (Wokingham) (Con): The success or failure of the COP26 rests heavily on whether the UK, as chairman, can persuade China—the world’s largest emitter of carbon dioxide—to set tough targets to cut its output. Is this affecting the Govern… read more