Incisive and topical campaigns and commentary on today’s issues and tomorrow’s problems
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My Speech during the Energy Prices Bill debate
Rt Hon Sir John Redwood MP (Wokingham) (Con): I welcome the Government’s announcement today that this scheme should be time-limited to six months and that a different scheme should be developed against the possibility that energy prices remain very high for the months thereafter. I do not think that we...Read More »
My Question to the Chancellor of the Exchequer during the Economy Statement
Rt Hon Sir John Redwood MP (Wokingham) (Con): What will the impact of these measures be on the growth rate, and will we still avoid recession?
Jeremy Hunt MP, Chancellor of the Exchequer: I will publish the economic forecasts from the OBR when I make my statement in a fortnight’s time. I...Read More »
My Conservative Home article on Treasury orthodoxy
The Bank of England fights itself
The Bank of England has two major committees. The Monetary Policy Committee is currently wanting interest rates to climb ever higher and is willing to see mortgage and other longer term rates of interest hiked as well. They regret the big inflation that has taken place, though they blame the...Read More »
Government bonds and mortgages
I have been in demand by MPs and the media to explain how the bond markets work. As daily we have front page news of movements in the price of bonds and therefore in the longer term rate of interest, let me have another go.
If a government issues some debt...Read More »