By Bob Lyddon – 4 minute read THE BANK of England’s project – or is it Rishi Sunak’s? – to create a UK-cryptocurrency called Britcoin is controlled by the digital payment industry. True to form it promises to impose on the UK yet more failed tools and techniques from the EU: not surprising since the project committees [...]
By Ewen Stewart – 6 minute read MUCH HAS BEEN WRITTEN about the Budget. Justifiably almost none of it good. It would be easy to pick fault with the poor record of the Office of Budget Responsibility (OBR) in modelling the UK economy, but LSE Professor and OBR member David Miles does a good job of explaining why [...]
By Catherine McBride – 4 minute read LET’S TALK about Switzerland. First, let us remember, but it needs restating, the UK population voted to leave the EU. They voted to take back control of their laws, their money, and their borders. This is unlike Switzerland’s relationship with the EU, where it has to accept European Court [...]
By Catherine McBride – 3 minute read THERE ARE lots of points in the Chancellor’s Autumn Statement that need to be addressed, but this one requires serious debate: why does the chancellor regard returns on capital as ‘unearned income’? This seems to be a very strange British sentiment from the dark ages of pre-Thatcher Britain. Should [...]
By Ewen Stewart – 7 minute read WE FACE A CRISIS born out of serial material errors over many years and short-term fixes designed to kick the can down the road. Today’s Autumn Statement compounds the error. It not only raises taxes to an unprecedented peace time level but it fails utterly to address the [...]
