There is a limit to what can fairly and sensibly be achieved by raising other taxes and cutting public spending – especially when it comes to pay.
At the very least, we need an Office for Economic Growth, as proposed by both Kemi Badenoch in her leadership bid and the former Treasury minister, Lord Agnew.
My guess is that she is too smart to allow the worst case scenario to happen. To do that, however, she is going to have to move swiftly from focusing on winning the confidence of Conservative MPs and party members to winning the confidence of the markets.
His Spring Statement was a missed opportunity despite some welcome measures – and further measures may be unveiled during the months ahead.
Of the main tax cut candidates urged on the Chancellor, the best available is a VAT fuel reduction.
If the war lasts a few years at most, the Chancellor can take the hit. If it’s a new normal that lasts for decades, the outlook is grim.
Clear milestones are needed to reassure people that action is being taken now to clear the backlog.
The fundamental problem is that costs are going up faster than we are getting more productive.
We cannot be the tax cutters we were in the 1980s because we are now an older country than we were then.
Control the controllables. So provide assistance, ease the pain, reverse the tax hikes, explain why – and focus on a pro-growth strategy.
Its main difficulties surround the related issues of getting Brexit done, cutting low and no skilled migration and keeping taxes down.
The Chancellor’s team reportedly wants to cut it from 20 per cent to 19 per cent in 2023. Here’s why that wouldn’t be a good idea.
Here are six recent examples of how the Prime Minister has been mugged by reality.
Our introduction to: what each Bill is, the politics of it, who’s responsible, arguments for and against – and a controversy rating out of ten.
The first of a series of five articles on ConservativeHome this week about the main challenges that await the new Prime Minister.