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.
If the Government wants to protect our long-term macroeconomic future, this is the correct step to take.
Covid-19 is likely to have lasting effects on our preferences, where and how we want to work, and where we are able to travel.
Preventing as much long-term damage to the economy as possible now should be the Chancellor’s priority.
The gloomy predictions of the Remain campaign proved ludicrously mistaken, but that does not mean there will never again be bad economic news.
Replying to Alex Morton’s column of a week ago, the ASI’s Senior Fellow argues that the response to the financial crisis was imperfect, but more right than wrong.
We must keep asking: ‘what’s the right level to pursue social repair?’ The nation is too large; the individual is too small. The community remains the right place.
And what it means for now.
Earlier this month, Ambrose Evans-Pritchard, international business editor of the Daily Telegraph, marked a sombre anniversary – the first five years of the ongoing global economic crisis: "Some date the crisis to August 9 2007, the day it became clear that Europe’s banks were up to their necks in US housing debt. The ECB flooded […]