John Redwood’s Diary

Incisive and topical campaigns and commentary on today’s issues and tomorrow’s problems
http://johnredwoodsdiary.com/

Leadership, a retrospect

The consultation of members of the Wokingham Conservative Association put Boris Johnson in first place, a little ahead of Rishi Sunak. Penny Mordaunt came a poor third. Boris has many strong supporters whilst more Rishi enthusiasts support their man because he is not Boris.

Amongst constituents there was also much more...Read More »


Ways to cut spending

The new Chancellor says he is looking for ways to cut spending to bring the borrowing down. I have sent him a list of ideas familiar to readers of this blog where they have been published before.

Today there are some easy ways to make an impact.

1 Reverse his decision with...Read More »


The Bank wants to lose money on bonds

The Bank of England announced again this  week its plans to sell some of the bonds it bought at much higher prices. Lower bond prices mean higher interest rates.  When it last announced this it then was forced by the  market into wanting rates lower so it flip flopped and...Read More »


Consultation on leadership

I continue to consult on who my constituents would like to see as the next PM. A good number have written into my email and some have expressed views here.  The Wokingham Conservative Association has also consulted and is letting me know the balance of opinion amongst members who of...Read More »


The state of the economy and those official forecasts

Consumer confidence remains stuck at the ultra low level of minus 47 on the Gfk index. Retail sales fell again in September. The public sector borrowing figure came in at a hefty £20 bn for September, £5.2bn more than the OBR forecast. All this is proof of a weakening economy....Read More »


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