So today we’ve had a party want to bailout a private business and a party say employers aren’t working people.
Errrrr
'I don't think employers are working people.'
@CamillaTominey grills Chief Secretary to the Treasury, Emma Reynolds MP, over whether Labour has breached its manifesto pledge in the Budget.
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I would put in the by mistake meme but I think this is exactly as was intended
The Renters’ Rights Act continues to produce the most painfully predictable consequences. thetimes.com/money/tax/artic…
Yep she’s good at this
Slavery was an evil in which people from every continent and region participated. We should be honest about the whole history, not select the parts that are politically convenient today, especially given Britain's leading role in ending the transatlantic slave trade.
If Caribbean countries are asking Britain for a formal apology for Britain’s role in the transatlantic slave trade, will they also be asking the same of the descendants of African kingdoms, rulers and merchants who captured, sold and profited from the trade?
On demands for reparations, whether through cash or debt relief, we have been down this track before. Twenty-five years ago, Jubilee 2000, Drop the Debt and Make Poverty History argued that cancelling the debts of poorer countries would give them a fresh start. More than $100 billion of debt was eventually written off, but many of those countries have since built up even bigger debts. Labour are already spending too much on Britain's welfare state, now is not the time for Andy Burnham to be providing global welfare.
There is no reason British taxpayers today should be held financially responsible for things that happened generations before any of us were born. And I have even less patience for political elites in commonwealth countries who don’t know how to make their own citizens prosperous now looking for another opportunity to blame Britain.
As Prime Minister, Andy Burnham should be Britain’s greatest defender. Instead, he is writing articles saying we need to confront our history (as if we haven't done enough of that) and considering another formal historical apology. Tony Blair already expressed Britain’s deep sorrow and regret for our role in the slave trade nearly twenty years ago. There is no need to do so again.
This is all another navel-gazing distraction. The Commonwealth should be looking forward, not endlessly backwards. That means economic partnerships to make us all richer and deeper military and security cooperation against common threats. If every Commonwealth summit becomes an exercise in presenting Britain with demands for cash then we need to start asking if it is worth the effort.
Correct. Cheap energy is the foundation of good strong economic growth.
Also worth noting that nominal disposable income is up almost 45% in the UK over the last decade. The "jaws" has been inflation. Yes, Ukraine and Iran were exogenous shocks, but two decades of UK energy policy failure have amplified these impacts.
The most bullish thing for the UK economic outlook this week was a very clear grabbing back of UK energy policy by HMT, from DESNZ. The only industrial strategy worthy of the name is cheaper energy. All the workhorse economic metrics (RHDI, Corporate Margins, Business Investment) benefit from cheaper energy. This is not about shoehorning in renewables, or N Sea O&G, or Nuclear policy. It is about a model where 24/7/365 there is plentiful, cheap energy to input into economic activity.
If I were shaping UK economic policy I would prioritise delivering cheap energy over all other economic goals (actively moving resources from the myriad of downstream projects, to pursuing this single goal) - and approach the policy trade-offs accordingly.
How much is national insurance increase a factor in this ?
NEW: Andy Burnham has demanded answers about the insolvency of Poundland, which has its largest distribution centre in his constituency of Makerfield.
The PM tells @Telegraph: "If there was a potential owner to avoid this that hasn’t been accepted, then the Business Secretary and I want to know why that is the case. We stand ready to support the workforce however we can.”
Burnham wants to know why Gordon Brothers, the chain's owner, rejected a solvent bid from Ireland’s Martin Property Group for the entire Poundland business earlier this week.
Story here with @LukeVanceBarr: telegraph.co.uk/business/202…
Incredible. They have a 100+ seat majority
What’s the point
NEW: John Healey tells @krishgm the government will NOT bring the welfare bill down during this Parliament
Chancellor says: “it's not correct to say that we're going to bring this welfare bill down in this Parliament”
But in the same interview he says the system is “broken”
Honestly, he’s completely lost it.
A certain @BristOliver was on this from the election. It was never achievable and yet it got a free pass from most, apart from Oliver of course.
Such a poor allocation of £2.6bn. Use to to fix the fundamentals
BREAKING 20million households in council bands A to D in England to get £100 to pay their energy bills, announces Chancellor John Healey. He will fund Scottish and Welsh goverments to do the same. Scheme costs £2.6billion. Watch the Budget now on @GBNEWS.
There's a new version of this post
Exactly. That’s the trouble with the little thing strategy. All worthwhile but just get swamped by massive things like this
You really think Burnham is going to go for an election on the back of this?
He’s missed his perfect window which was now
Agree with pretty much all of this
Replying to @tejparikh90
(5/7) A bold, Milei or Balcerowicz style programme would fix Britain's faltering economic model. First, tax simplification, then cost-cutting...@julianHjessop, @DanielJHannan @jonmoyni @DamianPudner @rcolvile @DanielPriestley @DanNeidle





















