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Lib Dems in Wokingham deliver worse services with higher charges
I reproduce below the comments from the Conservative Group on the Council. They are right to highlight deteriorating services alongside waste of money and high charges.
Wokingham Borough Council’s Conservative Group has hit out at proposals from the Liberal Democrat administration to scrap some public bins and reduce collection on others.
Describing...Read More »
The Treasury and Bank get it wrong again Conservative Home article
In the closing years of the Thatcher/Major Conservative governments Ministers accepted dreadful advice from the Bank of England and Treasury. They based UK economic policy on the European Exchange Rate Mechanism. I wrote a pamphlet, made speeches, lobbied Ministers not to do this pointing out it would lead...Read More »The Office of Budget Responsibility
The Office of Budget responsibility is a recent invention. George Osborne wanted a body that was said to be independent that could assess government economic policy and set out in forecasts what the results were likely to be. To do this he transferred the Treasury model for forecasting the economy...Read More »
Interest rates now higher than at the time of Truss budget
The Bank of England has been up to its old tricks, hiking rates and selling bonds to hike mortgage rates some more. They think taking money away from mortgage holders will squeeze their ability to spend which will cut inflation by reducing demand.
Will it? The extra money mortgage holders pay...Read More »
« Newer EntriesOlder Entries »What is the point of a Central Bank digital currency?
We already have digital money. You and I have money held in a commercial bank which is just an electronic line in their accounts. We can use it to buy something, transferring our digital money to someone else’s digital account electronically. We have a digital credit card which we can...Read More »