I have been in demand by MPs and the media to explain how the bond markets work. As daily we have front page news of movements in the price of bonds and therefore in the longer term rate of interest, let me have another go. If a government issues some… read more
On Monday we will be asked in Parliament to approve a comprehensive set of powers for government to set maximum consumer prices for energy, to send large subsidies to energy suppliers who have to sell below cost and to remove surplus revenues from pro… read more
The Prime Minister was right to want to keep the UK corporation tax rate at the lower end of the advanced countries tax table. We need to carry on attracting large investment flows into our country and leaving domestic businesses with more of their p… read more
Bizarre to hear the media and Opposition mobs out to pull down the PM by forcing her to tear up her pledge to keep the UK competitive on business tax rates. As always the Opposition wants to do the EU’s dirty work to make us less competitive and get i… read more
The government has said it is considering allowing extraction of onshore gas in the UK subject to community consent and full safety and planning controls. Critics of this approach call it fracking, which is a description of some reservoir management… read more