The case of the non-existent black hole in the finances . Increasing the fiscal headroom is an argument Reeves could have made . A buffer to protect the UK from global shocks . Instead we got weeks o… (View Post)

Labour need a miracle and growth to far exceed current forecasts . I did laugh though at the OBR whose growth forecast just one year ahead for this year was wrong by 50% and yet Reeves is making all … (View Post)

The figure is June 2024 to June 2025 so essentially all under Labour . Of course they continued with those Tory measures but the No 10 media operation should really be going all out to take credit fo… (View Post)

Net migration falls to 204,000. That’s a huge drop. (View Post)

The next net migration update is expected tomorrow . It’s likely to show another big fall which might please some but is one of the reasons that growth is struggling . The OBR note this as one of the… (View Post)