The Chancellor has been fortunate that the public finances have improved substantially at a particularly convenient time.
Posts Tagged: Deficit
He may eventually be able to construct a case for return which, while tortuous, would not be beyond the reach of his powers of persuasion.
A Budget with a message for Conservative MPs. Nice little seat you have there. Pity if anything happened to it.
In sum, Hammond said: vote for May’s Deal – or the economy gets it. But there’s more than one way of dicing the next election result.
But although the era of austerity is coming to a close, we are emphatically not rejecting the need for ongoing discipline with the public finances.
“Under this Conservative Government austerity is coming to an end – but discipline will remain.” – Hammond’s Budget speech, full text
“Now we have reached a defining moment on this, long, hard journey. Opening a new chapter in our country’s economic history.”
In the final article of our mini-series, the Onward Director says that there must also be a new strategy to help boost Britain’s productivity rate.
In the second article of our mini-series, the Harlow MP calls for a relentless focus on the cost of living, a skills-based economy, social injustices and affordable housing.
In the second of three articles, the Weston-super-Mare MP sets out plans on tax, housing deficits and debt to help achieve inter-generational justice.
“Austerity” has been blurred and misused as a term. If everyone takes its end as a promise of whatever they fancy, it will soon get costly and risky.
George Freeman: Come to our Big Tent Ideas Festival next weekend. And help build conservatism and capitalism for a new generation.
Penny Mordaunt, Liz Truss, Dan Hannan, Liam Halligan, Steve Baker, Tom Tugendhat & others will speak. And there’s a special discount for ConHome readers.
This fiscal rule would leave governments free to borrow for infrastructure investments – but day-to-day spending would be paid through your and my taxes.
Yes, some rises are inevitable. But they must be balanced by spending reductions elsewhere if economic policy is to be practicable and coherent.
The Secretary of State for Exiting the European Union cites the way in which the OBR repeatedly fails to predict the deficit as an example of inevitable modelling errors.
Lower interest rates and monetary manipulation have been presented as the solution to our economic woes. But increasingly they create them.
In the post-leave springtime, it will be worth considering what would happen if all three were abolished and replaced by a single Turnover Tax.