I have long been arguing that the UK government should not be taxing, regulating and banning its way to net zero, as that will collapse business here, lead to more imports, and fail to save the world as they wish. I have argued that the Green revolut… read more
The UK government actively encouraged and supported by the opposition parties wants to shut down all the UK’s manufacturing capacity to make petrol and diesel cars by 2030. It is true their method is to ban UK purchases of new vehicles, but the intent… read more
There are things the government could do to speed it on its way towards net zero.
The most obvious cause of more CO 2 being generated in the UK is inviting in 600,000 extra people in a year. Every person brings with them a carbon footprint. Putting i… read more
The UK government needs to borrow a lot of money to cover what it spends in excess of what it gets from taxes. It pays different interest rates on its borrowing depending on how long it wants to borrow for. Money borrowed for a few months is borrowed … read more
So the Bank of England has done it again. Just like last autumn, they have let it be known they might want to sell more bonds at big losses, whilst they plough on with a large sales and repayment programme for government bonds they own. Last autumn… read more