Public borrowing did not fall in December: the ONS just decided we owed no interest on index-linked bonds in the month
Wednesday, January 24th, 2024I did not give much attention yesterday to the claimed fall in public sector borrowing in December 2023. I did so overnight and found the
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How Rachel Reeves will find more than £50 billion a year for public spending
Wednesday, January 24th, 2024I was interviewed yesterday by a journalist who wanted to know what I thought Rachel Reeves might do with regard to business taxation, and corporation
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The Taxing Wealth Report: Abolishing the UK's student tax would cost £4 billion a year
Tuesday, January 23rd, 2024I have this morning published the latest note in my series that will make up the Taxing Wealth Report 2024. This latest note suggests that the
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The UK economy is just a tale of one failed decision after another
Monday, January 22nd, 2024If you ever watched Alan Bennett’s ‘The History Boys’, you will know that according to one of the characters, ‘history is just one fucking thing
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What we’re missing is politicians who believe change for the better is possible
Sunday, January 21st, 2024I admit that one of the difficulties of blogging regularly is working out what is worth talking about, and what just keeps the flow going.
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The current tax scandal was avoidable - and major reform are still required so that small business is taxed fairly
Friday, January 19th, 2024The so-called loan scheme tax charge imposed by HM Revenue & Customs mainly on those who had, in my opinion, undoubtedly engaged in tax avoidance
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Four things business wants from Rachel Reeves she won’t be delivering
Friday, January 19th, 2024My National article this morning: Available here. And, just in case you won’t go there, the four things are: A government committed to the rule
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UK banks are rubbish: of course they are undervalued
Friday, January 19th, 2024The FT noted last night that: Jeremy Hunt has called in Britain’s largest banks to discuss why they remain so poorly valued compared with global
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Inflation is over. It is time that the Bank of England recognises this and responds appropriately
Thursday, January 18th, 2024As I noted yesterday, this month’s inflation data shows a very slight rise over that published in December. The difference is statistically insignificant at 0.1%,
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