Monthly Archives: May 2009

Speech on Finance Bill 6th May 2009

John Redwood (Wokingham): The Budget judgment before us, which we must think about in this Second Reading debate, is the Government’s judgment that they need to increase spending at a rapid rate, that they need to make some modest—as they see it—increases in tax revenue, not in the immediate year but in subsequent years, by [...]

Posted in Debates | 8 Comments

Margaret Thatcher did not cause the Credit Crunch but she did raise loads more tax from the rich

Tonight at the Cambridge Union I have a platform to examine the Thatcher legacy. The amount of newsprint and media time given over to the 30th anniversary of her arrival in Downing Street is testimony both to her achievement, and to the idiotic way the left and the many in the commentariate 30 years on [...]

Posted in Blog | 21 Comments

Why have Stock markets risen?

Output falls by 6.1% in the US in the first quarter, more than forecasters expected. The US market rose. Rumours swirl that maybe half of the 19 US banks being stress tested by the authorities will fail their test. The US market rose. News filters out that the Chinese decline in output was bigger than [...]

Posted in Blog | 7 Comments

Is Obama now a neo Con?

Listening to President Obama yesteday, he sounded like a more fluent version of George Bush. His speech on how he will confront and destroy the Taliban takes place against the background of more deaths from US air attacks over Pakistan and Afghanistan. Far from ending the war in the Middle East and seeking diplomatic answers, [...]

Posted in Blog | 5 Comments

BALPA and ID cards

Let me praise the pilots union. They are challenging the requirement that pilots have to have ID cards in Manchester to go airside. They argue that it will not strengthen security. It is in effect on a new tax on them to do their job, making them buy a card. As the government steps up [...]

Posted in Blog | 15 Comments

You can buy adverts on the BBC

The tourist industry of Australia has shown how you can buy loads of prime time advertising on the BBC for very little outlay.(“The world’s best job” stunt) . Well done to them – the Great Barrier reef looks wonderful. I suppose the good news is that it makes a welcome complement to all those self [...]

Posted in Blog | 12 Comments

Who would you sack for disloyalty and incompetence?

Nasty and weak PMs leak or brief in advance that certain Ministers are for the chop. We learn today from some source or other that Hazel Blears and Jacqui Smith are pencilled in to lose their jobs in a reshuffle, for incompetence and disloyalty.If this is not the Prime Minister’s wish, he should slap down [...]

Posted in Blog | 49 Comments

Premier football – British jobs for foreign workers

There are rumours that the great football being played by Premier league teams at the top of that division may become a thing of the past. People fear that the new higher rate of tax – Brown’s spite tax – may start to deter foreign stars from coming to Britian to earn their mega bucks [...]

Posted in Blog | 11 Comments

A van company loan – just for an election?

The decision of the government to offer a taxpayer loan for just four weeks to LDV, with no extension, is a carefully chosen time period for the lending. Four weeks from today takes us beyond the local and European elections, avoiding embarrassing headlines about the collapse of a vehicle maker when votes have to be [...]

Posted in Blog | 11 Comments

A not very equitable life

The Ombudsman decision to revisit the Equitable Life issue is a brave one. What else can she do, when her findings of maladministration by Labour’s Regulators have been ignored by the government, refusing to offer compensation as recommended? The Conservatives have pushed the government to offer some compensation, given the obvious regulatory failings, and have [...]

Posted in Blog | 29 Comments
  • About John Redwood

    John Redwood has been the Member of Parliament for Wokingham since 1987. First attending Kent College, Canterbury, he graduated from Magdalen College, and has a DPhil from All Souls, Oxford. A businessman by background, he has been a director of NM Rothschild merchant bank and chairman of a quoted industrial PLC.
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