82.5 per cent of all jobs in this country are in the private sector. Of these, 61 per cent are in the SMEs – small and medium-sized enterprises. In other words, over 50 per cent of all jobs in the United Kingdom are now in small businesses.
If research were seen as an investment rather than a charitable donation, then the sector would enjoy higher levels of funding than it does now.
Both her friends and foes miss a main point of her premiership – that if governments don’t reduce spending when they cut tax, they risk spooking the markets. And crashing.
Whereas it was thought only earlier this summer that the economy had still not recovered to pre-pandemic levels, we now know that it in fact did so two years ago.
There are many things that can be done to resist the tide. The first would be for ministers to make the philosophical case for where state responsibility ends, and personal responsibility starts.
A critical first step would be a reboot and reorganisation of the Monetary Policy Committee, with greater scrutiny of appointees, with shorter terms.
The twenty-sixth article in a new series on ConHome about how government might be made smaller, taxpayers better off and and society stronger – through strong families, better schools and good jobs.
He must level with voters about the poor prospects of the public finances – and the need for both a return to austerity and serious decisions around generating growth.
This is the essence of the Prime Minister’s message to the nation. He is speaking the truth, even if the country is unlikely to be grateful to hear it.
Above all, they shouldn’t become preoccupied with Woke to the exclusion of everything else. This is the trap that many Labour backbenchers and much of the Left is falling into.
It is younger home owners who are proportionately most exposed to the costs of higher mortgages in relation to their incomes and the value of their houses.
The Prime Minister should make it clear that on inflation, public spending, and the deficit, hard decisions lie ahead.
The pandemic had an unexpected impact on the way we work. It is affecting output and productivity, and its particular consequences have been in the public sector: working from home.
Rather than try to put the cork back in the bottle post-Covid, the right needs to recognise the home-working revolution is here to stay.