Sympathy for Hammond
In the wake of May’s remarks about “the good that government can do”, his presence at the Treasury helps to reassure business that Britain will remain an open economy.
In the wake of May’s remarks about “the good that government can do”, his presence at the Treasury helps to reassure business that Britain will remain an open economy.
Too often, Osborne’s ‘tax avoidance’ measures hurt small enterprise.
The May government has so far set its sights no higher than its predecessor. Its aim remains Cameron’s – to build a one million homes during this parliament.
It has been where there is an air of panic and chaos, with a government forced to bow its knee to the markets, that there is real political damage.
It stipulates that a framework for our relationship with the EU – which must inevitably be positive – be finalised before negotiations on a detailed agreement begin.
Only when the public feel that our borders are under control, by people accountable to the electorate, will we be able to win back their trust.
The Chancellor’s position recovers despite his advocacy of the Single Market, whilst the Home Secretary falls from 11th to 23rd.
Hammond is no chilly technocrat – but a warm and genial technocrat.
To turn Lord Denning on his head, Brexit is like “an incoming tide flowing up the estuaries of England”.
“Throughout the negotiating process, we are ready to take whatever steps are necessary to protect this economy from turbulence.”
The Government finds Brexit offers an alibi for its own profligacy.
“As we negotiate our exit from the EU, this Government will fight for the best possible deal for British business and British workers.”
There is a trade-off between the long-term interest of the economy and the short-term interest of many Leave voters.
Taxpayer support must begin to reward those who change, not protect those who do not.
We need an economic speech for ordinary families.