Martin Seale Jeremy Hunt’s November Autumn Statement was a clever piece of work. It had two objectives. Firstly, to win the next general election. Secondly, if the Tory Party did not win the next general election, to guarantee that any Labour administration would fail. Hunt’s trump card in achieving this dual objective is the fiscal rule book. Hunt, … Continue reading Taxing Issues
Kwasi Kwarteng is clearly a believer in animal spirits, or more specifically, the animal spirits of the UK private sector. The term ‘animal spirits’ was used by the economist J. M. Keynes to describe the spontaneous forces of vitality that drive human action. Apparently these animal spirits have been held back by too much taxing and … Continue reading Animal Spirits, Taxing and Borrowing — Editorial
Labour Affairs 