On its own logic, model and data the Bank should have kept rates at 5.25%. The CPi they say is about to go up again from a brief encounter with its 2% target. It has fallen thanks to world prices, not thanks to domestic inflation. Energy prices will g… read more
48 years in the Common Agricultural Policy did considerable damage to U.K. farming, and led to a sharp decline in the proportion of temperate food we grow for ourselves. The BSE disease was used by the EU to help shrink our beef herds by prolonged ba… read more
The U.K. has a good climate and soils for growing timber. Despite this we end up importing many of our needs from northern softwood growing states where it takes longer for them to grow and adds cost and carbon generation to transport the wood to the … read more
In 2010 when Labour left office the inflation rate was 5%, the deficit in the past year was 11% of GDP and unemployment was 7.9%.In 2024 when the Conservatives left office inflation was 2%, the past year deficit 4.4% of GDP and unemployment 4.4%.Growt… read more
The UK and EU governments have launched an assault on domestic car manufacture. There need to be urgent changes to save what we have got. The tax on producing too many petrol and diesel cars – or on producing too few electric ones- must be removed imm… read more