If the Treasury gets its way, the Chancellor will score a big victory. But Ministers should watch for Labour stealing their thunder over taper rates.
Keynesian Macmillan got through four Chancellors in six years. We hope that Boosterist Johnson, who’s already lost one, doesn’t see this as a precedent.
The overseas aid and Universal Credit decisions suggest that, for the first time in a while, the cause of fiscal conservatism is gaining the upper hand.
By reminding backbenchers of manifesto commitments on debt control, he is squaring up for battles to come over the spending review.
My view is that the only way to help square this circle is to rediscover our concern for public service reform.
The problem is that spiralling spending demands quickly use up the options which voters don’t notice. Eventually you need other big sources of revenue,
But this electoral Titan has an Achilles heel – tax rises which, rather than planning or HS2, are the real threat to future Chesham & Amershams.
A new paper from Localis and Human Engine makes the case for well-managed local authority entrepreneurialism.
That schooling can improve earning potential doesn’t mean that ever-more schooling is good for all kids in the aftermath of a pandemic.
Which is what comes of the virtue-signalling practice of setting targets in law, rather than having MPs vote on expenditure.
Once inflation arises, reversing course is difficult. Businesses shut down or relocate, unemployment soars and we enter an economic contraction.
The centre isn’t where he or ConservativeHome or anyone else wants it to be. It’s where it is – “Far From Notting Hill”.
What we need is to promote a higher wage, higher productivity economy. Our economic targets should reflect those aims.
Looked at in the round, over the 2010-2016 period, the UK had the joint highest growth for a G7 economy, level with the US.
We owe it to the young people of this country, who have sacrificed so much, not to saddle their country with debt which they will then have to repay.