Truss can’t last
Thursday, October 13th, 2022The political tectonic plates are shifting. After last night’s 1922 Committee hearing at which Truss addressed her backbench MPs the kindest word used about her
Read the full article…
The mail list
Wednesday, October 12th, 2022As those on the Tax Research UK mail list will know it is going out twice at present when clearly once is enough. We have
Read the full article…
Kwarteng has a duty to calm febrile markets and only QE can do it
Tuesday, October 11th, 2022The interest rate on government bonds is rising – now being well over 4.5% on ten year bonds. The signs this morning are that they
Read the full article…
Kwarteng is planning a raid on the central bank reserve accounts - and would win my support if he did
Monday, October 10th, 2022The Financial Mail has reported that: It is understood that the Treasury is weighing up a number of options to tap banks for cash. These
Read the full article…
Kwarteng made the UK look more like a failing state than a country with a properly functioning tax system
Saturday, October 8th, 2022Prof Andrew Baker of the University of Sheffield and I had a piece in Byline Times yesterday: The argument in our piece is based on
Read the full article…
Truss neither understands growth or the steps required to deliver it
Thursday, October 6th, 2022I posted this thread on Twitter this morning: Liz Truss put growth at the epicentre of her policy and political narratives yesterday. It is the
Read the full article…
Strong public services require the support of strong, progressive taxation
Wednesday, October 5th, 2022This is out this morning. The spin on funding in the Tweet is not quite how I put it when recording, but is aimed at
Read the full article…
The personal isolation of neoliberalism has to be consigned to history: we need to live in a participatory democracy again
Tuesday, October 4th, 2022I posted this thread on Twitter this lunchtime (other work having got in the way before then): The Truss government is failing. Extraordinarily it has
Read the full article…
What next for Truss?
Monday, October 3rd, 2022I posted this thread on Twitter this morning: Few weeks come like the last one. The problem now is what will follow it, because the
Read the full article…