These politicians have no idea about the wave of contempt that will engulf them, just as they didn’t understand England outside the M25 in 2016.
Rees-Mogg discusses Carney’s “improper” rule at the Bank of England. Plus: his surprise at becoming the subject of an Ashcroft biography.
Plus: Keep the Brexit TV debate simple. Giving Allin-Khan and Duncan a piece of my mind. And: Carney – we’ve heard it all before.
Making London a truly global financial centre again, with all that would imply for Britain’s place in the world, could quickly become more attractive than the apathy of decline, however proudly sovereign.
This type of relationship would reflect the existing pattern of UK-EU trade. It is a compromise that should win support amongst pragmatists.
However, the Shadow Chancellor insists that a shift towards a ‘broader mandate’ would not entail curbing the Bank’s independence.
Lower interest rates and monetary manipulation have been presented as the solution to our economic woes. But increasingly they create them.
The Treasury should be saved from itself by bringing the Party Chairman in to scrutinise the Autumn Budget before it is finalised.
Opportunists will try to lay it all at the door of Brexit. But the truth is more complex – not least given rising wages and the knock-on effects of Trump’s tax cuts.
“Some of these forecasts and inherently uncertain… I think it is fair to say that some of these forecasts have proven wrong in the past.”
Right now, a whole host of things are said to be top infrastructure priorities. Yet, remarkably, housing is not among them. This needs to change.
Staff and public distrust of the Conservatives is so great that it is impeding vital reform.
He never resolved his conflict between being brought up to repress his emotions and as a politician having to express them.
Plus: the official measure of inflation should be changed; student funding requires reform; and the Chancellor must prepare for No Deal.
Perhaps we will never be able to return it to political control, but decisions like this must be made more accountable to ministers, businesses, and consumers.