The 1974-9 Labour government ran out of money by 1976 and had to go to the IMF to borrow. That entailed agreeing to cut spending and sell some assets as the state had over extended. Tax rates were high, driving rich and hard working people…
US GDP per head of $83,000 is already well ahead of the UK at $58,000. It is almost double the EU at their pathetic $43,000. So why does the UK government want to lock us into a failing poverty machine called the EU instead of adopting US…
The government does not understand the energy market. They say if the market stopped making gas generated power the price determinant for electricity all those renewables would take the price down. Instead it would usually put the price up…
The ten year plan cuts the numbers of extra staff needed in the next ten tears from the much advertised and long delayed 2023 Manpower Plan. It says it can do this because the NHS after six years of plunging productivity will over the next…
As readers know, this site does not provide investment advice. It is,however, a site that analyses public policy and public investments. Over the last two decades advanced country governments have used subsidies, managed prices , tax…
Whilst Labour MPs were undermining their government over its clumsy welfare cuts, another UK refinery went bankrupt. A hand wringing Labour Minister blamed the management and promised to get involved in either finding a new owner who…