At the moment the Government takes the blame as the ultimate boss, whilst lacking many of the powers to put things right owing to the doctrine of independence.
A Brexit-enabled tweak to the Solvency II regulatory requirements would allow mortgage backed securities to be less capital intensive, making them more attractive to pension funds.
None of Vince’s presuppositions about the project – that the technology, the economy, and the public are on side – stand up to scrutiny.
Targeted help can be provided to those in need, as was the case during the energy crisis. That’s what we should stick to – not a return to bureaucratic mechanisms.
In terms of fiscal policy, if the wider economic picture does not allow the debt to GDP ratio to fall, then the focus of the markets will be on the need to keep the public finances in shape.
An inability to resolve issues relating to the provision of fundamental services like water, heating, and electricity causes significant levels of unnecessary stress and anxiety.
Voters aren’t used to a world of rising prices and interest rates, and their hearts and minds are up for grabs.
Reduce the amount of VAT paid on telecoms to five per cent. Connectivity is an essential part of our daily lives, but that isn’t reflected in how it is taxed.
The Government should learn from how Johnson got the trains to run on time when he was Mayor of London.
Higher interest rates may slow the world economy later this year and early next. Recession is even possible for the UK.
Geopolitical risks create uncertainty in energy markets as reliability is questioned, pushing up prices and creating resistance to climate change goals.
Critics have a point when they note that, so far, Ministers’ rhetoric has been appreciably more ambitious than its actions.
Lumping more onto the UK’s tax burden – already at the highest sustained level seen in peacetime – cannot be the answer.
The Government has already done the hard yards by committing to giving options. I am now imploring Ministers not to let the legislation fall short at this final hurdle.