Taxation

Why Badenoch must scrap these two taxes
Economics

Why Badenoch must scrap these two taxes

As the dust of party conferences settles and journalists try to read the runes of what they mean for the coming political year, two things are already clear. The first is that Andy Burnham’s conference speech was a masterclass in tickling the tummies of his party faithful, with a heady mix of teary emotion and […]

Badenoch's Tories have rediscovered Adam Smith
Conservatives

Badenoch’s Tories have rediscovered Adam Smith

Just as there is a battle on the Right in Britain, so too is there a battle inside the Conservative Party for what the party should focus on. There are those who are concerned about the threat of political Islam, the damage to the social fabric of the Boriswave and other elements of mass immigration, […]

Badenoch's inheritance tax pledge is a battle cry
Conservatives

Badenoch’s inheritance tax pledge is a battle cry

When William Buckley went on the front page of Time magazine, the title was simple: ‘Conservatism Can Be Fun’. That is what Kemi Badenoch has done at this conference. Conservatism can be fun, can be serious and can learn from its old mistakes. But most importantly, what makes it the world’s oldest party is its […]

Burnham needs to make radical cuts
Economics

Burnham needs to make radical cuts

Andy Burnham used the Labour Party conference in Liverpool this week to commit the Government to a National Care Service, universal and free at the point of use, while promising to ‘stick to our fiscal rules to get borrowing and debt down’. The service is due in the next Parliament and is supposed to be […]

Healey needs a growth Budget, not another tax raid
Growth

Healey needs a growth Budget, not another tax raid

A year ago I ended the Growth Commission’s annual Growth Budget with the prediction that if the then Chancellor Rachel Reeves continued with her policy of tax and spend, she – or more likely her successor – would be back in a year’s time asking for more. So the Government can’t say that they weren’t […]

Parish councils are a thorn in Burnham's devolution plans
UK Politics

Parish councils are a thorn in Burnham’s devolution plans

Earlier this month, the Government announced it would pause its wide-ranging plans for Local Government Reorganisation (LGR), which would have redrawn local council and parish boundaries and overhauled a system that has been in place for centuries. As focus shifts to Andy Burnham’s less wordy – but no less ambitious – plans for devolution, England’s […]

Britain's safety-first state is smothering growth
Economics

Britain’s safety-first state is smothering growth

For most of the post-war period, each generation in Britain could reasonably expect to be materially better off than the last. Since the financial crisis, that has changed. Productivity growth has been exceptionally weak and improvements in living standards have stagnated. This was the starting point for ‘Boosting Britain: A blueprint for radical financial and […]

Corporate welfare is Britain's blind spot
Economics

Corporate welfare is Britain’s blind spot

Britain’s political class loves to talk about ‘reforming welfare’, but everyone knows the limits of that ambition. Voter Welfare – the £333.7 billion the state is forecast to transfer from taxpayers to households in 2025–26 – is politically untouchable. A population brought up on free cake is unlikely to vote for the plate being removed, […]

Why are politicians taxing our legacies?
Taxation

Why are politicians taxing our legacies?

If rumours are to be believed, Kemi Badenoch and the Conservative Party are thinking about scrapping inheritance tax. Inheritance tax is a pernicious tax that punishes people for doing things that we are supposed to do: building things, saving and investing. Crucially, it is also a tax on loving your family and wanting to leave […]

John Healey crowding out private infrastructure
Labour

Is John Healey crowding out private infrastructure?

This morning, John Healey delivered his first major speech as Chancellor. He set out his vision for the economy and, while it was encouraging to hear his determination to drive growth and solve the NEET crisis, all while claiming to be committed to fiscal discipline, it was quite light on detail. However, one specific point […]

Burnham's statism will lead to more misery
Labour

Burnham’s statism will lead to more misery

When Andy Burnham arrived at No 10 in July he came with a bold message of change. 40 years of neoliberalism have left Britain hollowed out: wealth has drained from those with the least to those with the most; capital ran riot while the state stood back and watched. It’s a powerful story, and evidently […]

Nationalisation is not a growth strategy
Economics

Nationalisation is not a growth strategy

Alan Greenspan was always attacked by the Left because of his belief in market forces. John Kenneth Galbraith, at a White House conference, made fun of him, saying that the cure for inflation is always the same for ‘Bolsheviks and the devoted supporters of Ayn Rand’. But each and every government learns the hard way […]

Electric vehicle being charged at a city charging station.
Energy & Environment

Don’t force electric cars on drivers – cut taxes instead

What do Richard Tice, Kevin Hollinrake and Peter Kyle all have in common?  I wish I had a wittier answer to what sounds the set-up to a poor joke, but unfortunately I only have one answer – they all own an electric vehicle (EV).  If three men, who have wildly diverging political views, lifestyles and […]

Your new home comes with a hidden tax bill
Housing

Your new home comes with a hidden tax bill

When a household pays £450,000 for a new home in England, a striking share of that price is not paying for bricks, mortar or even land. It is paying for planning obligations, biodiversity rules, regulatory overhead and delay-driven finance costs – none of which is itemised for the family that ultimately bears the cost. Stamp […]

Burnham's devolution plan isn't enough
Taxation

Burnham promised power – he’s sending pocket money

Let me give Andy Burnham his due. For the best part of a decade he was the most persuasive voice in the country for letting go – for the plain truth that a decision taken in Whitehall about a town no official has ever visited tends to be worse than the one the people who […]

Why is Britain losing its millionaires?
Taxation

Why is Britain losing its millionaires?

The Roman historian Livy can claim to have invented an entire genre. Midway through his vast History of Rome, he breaks off from the narrative to ask a question nobody had thought to put in print before: what would have happened had Alexander the Great turned his armies west and marched on Italy? It is […]

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