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Worrying signs for the economy before Labour’s budget measures take effect?

Worrying signs for the economy before Labour’s budget measures take effect?

The first GDP release of the new Labour government was always going to be of interest, especially as they report on the period directly before the chancellor, Rachel Reeves, delivered her first budget. Yet few could have been prepared for the figures revealed by the Office for National Statistics (ONS)

Five policies for Kemi Badenoch

Five policies for Kemi Badenoch

During the Conservative leadership campaign Kemi Badenoch conspicuously avoided proposing any major policies that she would pursue were she to win. Instead she would govern from “first principles.” It was a successful strategy: she won, after all. There was also genuine wisdom in the approach. She was not running to

Why your wine is weaker, sweeter, and worse

Why your wine is weaker, sweeter, and worse

The government and public health zealots have conspired to do the unthinkable, dilute our wine. Yes, one of the nation’s most cherished tipples is under threat, not from foreign invaders or bad vintages but from a confusing cocktail of tax policies and health interventions. It all started with a

The Labour budget: the good, the (mostly) bad and the ugly

The Labour budget: the good, the (mostly) bad and the ugly

On Wednesday afternoon in the Commons Rachel Reeves laid out the details of the first Labour budget in 14 years. She began by stating that “This is a changed Labour Party.” She also promised to end the ‘short-termism’ of the previous government and to ‘invest, invest, invest’. Perhaps that last

Reeves' risky rule change could end up costing taxpayers

Better Government

Reeves' risky rule change could end up costing taxpayers

The chancellor recently told the BBC that she will be changing the debt rules to rely on a different measure of debt, public sector net financial liabilities rather than public sector net debt. This has been done to allow the government to borrow even more money, although she said it

Will new fiscal rules help taxpayers?

Will new fiscal rules help taxpayers?

It’s now been confirmed that the chancellor, Rachel Reeves, will set out new fiscal rules in her forthcoming budget. By reformulating the rules to include public sector assets as well as debt, she hopes to provide more fiscal headroom for infrastructure investment. As she puts it: “I have been