Incisive and topical campaigns and commentary on today’s issues and tomorrow’s problems
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Will the Bank now relent as the economy slows?
The Bank of England’s way of fighting its inflationary mistakes of 2021 is to slow or stall the economy. They want to stop price rises by ensuring people cannot afford to buy so much, and to stop wage rises by increasing unemployment. This is all most unpleasant.
I have often pointed...Read More »
More funny numbers from the OBR
So we learn that UK state borrowing was £11.3 bn less in the first four months of this financial year than the OBR forecast.Spending was up so the main reason for a further large error once again was understating tax revenues. Income tax was up by a massive 13% ....Read More »
Wokingham gets more money per head than neighbours according to IFS
I have had a few emails from constituents repeating Lib Dem claims that Wokingham gets little or no government funding and is short of money to spend.
The IFS has recently published a study of spending per head on five main service areas, including local government and schools. This combines government...Read More »
Some questions on carbon accounting
In order to close the gap with net zero ambitions governments and companies pursuing this agenda need to revise the way they account for it. Here are some questions they need to answer.
1. As China, Russia, India produce more than 40% of the world’s CO 2 output and their output...Read More »
Nationalised roads
Our road system is badly run, delivering a poor service to all the people struggling to get to work, to drop children off at school and getting to the shops. It lets down delivery drivers, large trucks bringing essential supplies and business vehicles carrying people to do work in our...Read More »