Many in the public sector understandably want a rise to offset the cost of living squeeze. The government is alarmed by current levels of spending and borrowing. It offers the below inflation rises the Independent Pay Review Boards propose, based as … read more
The NHS has thousands of managers. They tell me they do not know how many highly paid Chief Executives they employ, presumable because it is so many. Every quango from NHS England down, every hospital Trust has a CEO. Suddenly we are allowed to see a … read more
From Chancellor Darling onwards The Bank has been granted a full indemnity by the Treasury for any losses on holding and selling bonds in their inflated bond portfolio. Successive Chancellors accepted Bank of England advice to keep on buying UK gover… read more
Most MPs and establishment officials tell us the Bank of England is independent. They tell us The Bank’s main task is to keep inflation to their single target of 2%. Inflation is well over 10%, more than five times target. It has been above 11%, and … read more
Rt Hon Sir John Redwood MP (Wokingham) (Con): The SNP was very critical of the electricity and energy regulation in the UK, and said that it wanted change in it. It did not seem to realise that all our current regulations are those of the European sin… read more