We need a chancellor brave enough to announce they are bringing back boom and bust. “It’s time for a return to boom and bust. No more sclerotic growth!” In all seriousness we could do with some of th… (View Post)

Some of us are bracing already. If one of the think tank proposals currently doing numbers actually goes ahead then I’ll have a >50k tax rise. Which is definitely in ouch territory. (View Post)

Many would argue this is the opposite to what we should be doing. Our tax base has narrowed considerably over the years. Partly due to demographics, partly deliberate tax policy. The fewer people you… (View Post)

2p per year, as per the Res Foundation proposals, but yes I agree. The benefit of pre-announcing repeated annual changes is that they compound up to the all important 3rd year. By then it would be an… (View Post)

This was a speech largely targeted at bond markets. Not really aimed at voters or backbenchers. Key words that kept coming up: interest rates, fiscal rules, inflation. Hints that she wants to go beyo… (View Post)