Even though she won a big majority of the Conservative members plus the largest number of MPs declaring, there was a feeling from the very outset that she would not be allowed to govern in the way she wanted.
These changes would be resisted by the trade unions – understandably as it would render them pretty irrelevant. But their members would be empowered.
Over this period, the UK’s economic growth was level with the US’s and exceeded the other five members of the G7. In other words, on international comparisons, we did well.
Our new paper from the Adam Smith Institute finds there is more political space to deliver one than the politicians might imagine.
Stability and market confidence have been re-established. That allows the possibility to relax the planned fiscal restraint over the next two years, if global economic circumstances improve.
The old, simplistic idea of ‘learn, work, retire’ is badly out-of-date – but 20th-century thinking is preventing the UK from moving on.
As a former Brexit Secretary, I know that we can use our Brexit freedoms to achieve incredible things. Changes to EU regulations in our five growth industries will mean that we can deliver the very best for our great country,
Hunt explains that pensions will rise by 10.1 per cent from April.
“I think what you’ll see overall is a broad approach that recognises that, where we can, we need to prioritise people on the lowest incomes.”
The measures would signal that we are a national community, membership of which brings particular rights and also obligations. It sounds pretty Conservative to me.
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.
the risk is that the fiscal errors made by the Truss administration tarnish the vital goal of improving the UK’s sluggish long-term growth rate.
The criticism of him in the newspaper most read by Party activists took little account of the effects of war and pandemic on the choices he must make.
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.