The Bank of England’s way of fighting its inflationary mistakes of 2021 is to slow or stall the economy. They want to stop price rises by ensuring people cannot afford to buy so much, and to stop wage rises by increasing unemployment. This is all most… read more
So we learn that UK state borrowing was £11.3 bn less in the first four months of this financial year than the OBR forecast.Spending was up so the main reason for a further large error once again was understating tax revenues. Income tax was up by a … read more
I have had a few emails from constituents repeating Lib Dem claims that Wokingham gets little or no government funding and is short of money to spend. The IFS has recently published a study of spending per head on five main service areas, including lo… read more
In order to close the gap with net zero ambitions governments and companies pursuing this agenda need to revise the way they account for it. Here are some questions they need to answer. 1. As China, Russia, India produce more than 40% of the world’s C… read more
Our road system is badly run, delivering a poor service to all the people struggling to get to work, to drop children off at school and getting to the shops. It lets down delivery drivers, large trucks bringing essential supplies and business vehicle… read more