Generations will look back at yesterday’s budget disaster as the tipping point. A Conservative party that ostensibly believes in fairness, capitalism and libertarian values has all but abandoned those principles in favour of state-sponsored redistribution and socialism. Debt targets have been all but abandoned. Debt to GDP ratios will not start to decrease until 2015 […]
Yet again this week Ed Balls and Milliband have been criticising the Government for the atrocious GDP figures, which has shown the UK is back in recession for a 3rd consecutive quarter. They are right to criticize. That is what the opposition does, and Cameron and Osborne deserve it. But not for the reasons that […]
If you’re anything like me you have spent the best part of the last 4 days in a vortex of family visits, games, huge dinners, turkey soup and over-indulgence. Enjoy the festive spirit while it lasts, because the slow hangover is likely to make 2012 another tough year. At the risk of these looking fainlty […]
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George Osborne has just announced a scheme for the government to underwrite 40 Bn of loans to businesses. Just a week earlier he guaranteed lots more mortgage debt for people that couldn’t afford to borrow. Its ironic that this happens at the same time as protestors at St Paul’s and in the media continue to […]
Our vision for the future is a fair society, that rewards work and enterprise, protects the most vulnerable and doesn’t load debt onto the future generation. The Cut the Debt Charter for Change: Balance income and expenditure over a 5-year period. This means that for each government term money spent has to be met by […]
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