The biggest winner from sky high oil and gas prices is the government. Half the pump price you pay is duty and VAT. The VAT has surged as oil prices rose. If your petrol came from North Sea Oil the government has also taken another slug of tax from th… read more
I have received the below written answer from Ministers at the Treasury: Treasury has provided the following answer to your written parliamentary question (158849): Question:To ask the Chancellor of the Exchequer, what analysis he has undertaken on th… read more
The Bank and the Treasury have decided to take it out on us because they allowed inflation to go too high. The latest forecasts from The Bank suggests the growth of the economy will slow to zero and unemployment will rise. Both organisations are re… read more
The violent invasion of Ukraine by Russia has done great harm to the people and buildings of Ukraine. It has also done grave damage to the country’s standing in the international community, hurt its domestic economy and rattled its main ally, China. … read more
Much of our political debate is about refugees, economic migrants, people on benefits and in poverty. It is about cultural attitudes, the use of language, the abuse of power and the need to reduce inequalities. These are important matters, and most of… read more