Tomorrow the Conservative Party conference starts in Birmingham. To prepare for it I have been reading one of the most significant political texts of the last decade, a book which I think is essential to understanding the modern British right. It is Liz Truss’s autobiography, Ten Years to Save the West. Its subtitle is Lessons … Read more
The interest rate on UK government debt remains stubbornly high—and it’s eating into the public purse. Around 8% of total government spending now goes purely to pay interest on past borrowing. That’s money not spent on the NHS, schools, or infrastructure. The current Labour government inherited a toxic mix: huge debts and higher-than-normal interest rates, … Read more
This is the most boring blog you’re ever going to read. Truly dull. It contains some very big numbers and zero sex appeal. And yet, it marks a fundamental shift in how government works in the UK—a quiet but far-reaching change that’s been unfolding over the past year and underpins the most recent Government Spending … Read more