The shock-absorber is a looser fiscal policy. Although the budget deficit is higher than one would like, the good news is that it is falling sharply.
It is an essential British interest that Putin’s efforts to split Germany, France and Italy from the front line states fails.
But bearing the stamp of approval from the Iron Lady and her first Chancellor does not stop them from being a fundamentally bad idea.
The European Union has wholly failed to coordinate a European economic strategy that minimises dependence on Russia.
A proposed solar farm in Suffolk would do great harm to the landscape. It has met with justified opposition.
The Prime Minister asked for a “grown-up” approach to energy. Here are the policies required to deliver it.
Managing costs, appeasing consumers, and diversifying our energy supply are all crucial to ensuring the target can be met with voters’ consent.
The Government’s ‘Energy Security Strategy’ may well deliver long-term energy security. But it will do almost nothing for squeezed households right now.
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Furthemore, the Government’s forthcoming strategy offers little prospect of lower bills any time soon.
On a recent visit to Delhi, I was struck by how the subcontinent has been transformed in recent decades.
Wrong-headed Treasury thinking will leave people paying unnecessarily high as the cost-of-living crisis strikes.
Grant Shapps adds that the Government is focussing on other energy sources such as nuclear power.
Jonathan Reynolds says “we should be making those plans” and criticises government “complacency”.
There are several different revenue models, but the best avoid knee-jerk levies in favour of long-term surety.