John Redwood’s Diary

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

We need a new way of forming budgets Conservative Home article

The two main parties are locked in a budget battle.They are  dug into OBR  provided  trenches and fighting over the odd couple of billion here or there for a Non Dom tax and a Vat on private school fees tax.

£2 bn is under 0.1% of our economy and around...Read More »


Expanding the grid

National Grid recognises that it needs a major expansion of grid capacity to carry  all the extra electrical power that will be needed as people switch heating and transport to electrical methods. They also see they need more capacity to handle more intermittent renewable power on the system, as they...Read More »


Municipal roads are letting us down

I have watched with concern  as Council highways departments have spent much money and time making our roads worse. Motorists and business drivers have to pay huge sums in taxation. There is the taxation on a new vehicle, road fund duty to take a vehicle on the roads, there is...Read More »


Reading FC

I have been saddened to read of the financial difficulties of Reading FC and to see the understandable  impatience of  fans with the owner and management. I have not made any public statements as government has no powers to intervene in these matters and it would be wrong to suggest...Read More »


The Bank of England deliberately hiked mortgage rates

On 21 st  September 2022 on the eve of Kwarteng/Truss budget the Bank  announced a 0.5% hike in bank rate. This was designed to push up interest rates. Just to make sure it would mean higher mortgage rates on the same day they announced they would over the ensuing year...Read More »


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