A few years ago I proposed Chadwick’s laws of Government: I was working for a DWP quango in 2010, and sitting on the commercial board of DWP. It was the age of austerity, and Osborne proposed huge cuts to Government to free up money for tax. I would be the first to admit that Government … Read more
In 1970, Ted Heath unexpectedly became Prime Minister, replacing Harold Wilson for what turned out to be a turbulent four years. His Chancellor, Anthony Barber, embarked on one of the most ambitious — and disastrous — economic experiments in modern British history. The resulting “Barber Boom” was a huge dash for growth: tax cuts, relaxed … Read more
Is This an Austerity Government? No. Rachel Reeves will deliver her Spring Statement today. While not a full budget, this statement will outline the framework for the government’s spending review. Government departments will find out if they have more or less to spend—most will find the answer is less. This follows a Green Paper consultation … Read more