Category Archives: Economy

23 senior businessmen slate Darling’s NI rises.

The Telegraph has published a letter today from 23 Chief Executives and other similarly-ranked businessmen trashing Alastair Darling’s plans to raise NI next year. The Labour spin machine has gone into overdrive, wheeling out Mandleson, so they must be rattled. Anyone with half a brain can see that penalising employees earning over £20Kpa and their employers [...]
Also posted in General Election, Ministerial incompetence, New Labour, Taxation, Taxpayers' Money | Tagged , , , , , | 2 Comments

Nigel Farage on BBC’s Hard Talk

Further our earlier post, here’s the full 23 minute programme. Strapline is: “There’s a powerful strain of anti-EU sentiment in Britian – but is it enough to turn the anti-EU UK Independence Party into a credible political force in the looming general election? Stephen Sackur is joined by UKIP’s erstwhile leader – and now their most high [...]
Also posted in European Union, General Election, Nigel Farage, UKIP | Tagged , , , | 1 Comment

Tories lose Poll lead after Budget!

After what was, at best, a non-budget, albeit hammering Middle England yet again, Labour has finally gone ahead in the Polls. Well, one poll; today’s poll for BBC2’s Daily Politics show by COMRES Naturally, even though this wasn’t a poll of voting intentions in the election, this is being trumpeted all over the left-wing press such [...]
Also posted in David Cameron, General Election, Gordon Brown, New Labour, Parliament, Taxation, Taxpayers' Money, Tories, Uncategorized | Tagged , , , , , | 2 Comments

France rejects ‘Green Taxes’.

Once more, France puts our own leaders to shame by putting France first, and adopting a realistic view of the world. Reported in the Daily Mail yesterday, and little publicised as far as I’ve seen, French Prime Minister Francois Fillon told a meeting of MPs in Parliament that the priority for the country was getting [...]
Also posted in Climate Change, European Union, Taxpayers' Money | Tagged , , | 1 Comment

Prof. Tim Congdon stands for UKIP

In what must be seen as a coup for UKIP, Professor Tim Congdon CBE has been adopted as UKIP’s candidate for The Royal Forest of Dean for the forthcoming general election. Most people following politics and/or economics will have heard of Prof. Congdon, but for those who haven’t here’s a synopsis: Awarded the CBE for services to [...]
Also posted in General Election, UKIP | Tagged , , , | 3 Comments

David Cameron; 10/10 for presentation skills

Along with about 1.7 million viewers, I watched David Cameron interviewed by Sir Trevor MacDonald last Sunday (14 March 2010). Apparently, Gordon Brown’s interview blub-fest with Piers Morgan on the same network last month achieved an audience of 4.2 million. I don’t know if the difference can be accounted for by the car-crash effect, where ghouls [...]
Also posted in David Cameron, Education, General Election, Gordon Brown, Ministerial incompetence, Taxpayers' Money | Tagged , , , , , , , | 1 Comment

UK deficit forecast to be worse than Greece’s

As I concluded in my article on the Euro earlier this week, the UK is in no position to feel smug about its own financial situation. Figures released today, as reported in The Sun and The Times show that the UK is now set to record an annual deficit greater than that of Greece. It [...]
Also posted in European Union, Gordon Brown, New Labour, Taxation, Taxpayers' Money | 4 Comments

Fancy £100Kpa and a £2m house in Maida Vale? Come on down!

Proof, as if proof were ever needed, that the incompetence of this Government knows no bounds. This article in the Daily Mail yesterday is a shocker… “A single mother-of-six is getting more than £80,000 a year from the taxpayer to live in a £2million mansion in an exclusive London suburb. Essma Marjam, 34, is given almost £7,000 [...]
Also posted in Corruption, Gordon Brown, Legal lunacy, Local Government, Ministerial incompetence, New Labour, Parliament, Taxpayers' Money | Tagged , , , , , , , , | Leave a comment

PIGS might fly without the Euro

I have long maintained that the Euro, as both a political and economic experiment, is doomed to failure. The cultural, economic and political differences between the member nations are such that without massive internal reform and political will, it simply cannot succeed. Indeed, since its inception, it has broken its own rules on membership. [...]
Also posted in European Union, Nanny State, Taxation, Taxpayers' Money | Tagged , , , | 3 Comments

A pause in quantitative easing, but the rollercoaster has only just begun..

It was announced last week that the Bank of England had spent the entire £200bn it had set out for quantitative easing (QE). This QE package was designed as a preventative measure, but also a tool for kick-starting the economy. The UK economy grew by 0.1% in the fourth quarter of 2009 and so the [...]
Also posted in Bank of England, Banking, David Cameron, General Election, Taxpayers' Money | Tagged , , , , | 2 Comments