By rights, it should have been. The Tories are in a total mess over the economy. I have to admit, I held my peace on Sunday over this idea about having the Bank of England step in when banks get in trouble. It sounded pretty much identical to what the government is doing now, only… Continue reading Was Monday the beginning of the end of the Cameron bubble?
Tag: george osborne
Osborne calls for more centralisation
That is the effect of calling, similar to Alex Salmond, for a two year council tax freeze. Ploughing national revenue into local government may sound attractive in the short term, but in the longer term it means even less fiscal autonomy. Given this will be happening during a higher than average period of inflation, we’re… Continue reading Osborne calls for more centralisation
Gideon Osborne: how to make saying nothing into a virtue
Gideon Osborne has announced that, due to the “complete economic mess” the Conservatives will have to rewrite all their economic policies. To a degree that makes sense, except when you remember one thing: They don’t have any economic policies! Osborne has done a brilliant job at not saying anything about what he plans to do… Continue reading Gideon Osborne: how to make saying nothing into a virtue