Monthly Archives: March 2011

                  The Chancellor said in his budget the Revenue will study the effects of the 50% tax rate on tax revenues.                 The Adam Smith Institutue has already published some of the important findings. (In the “Revenue and Growth effects of Britain’s high personal taxes”)They show that the Howe Lawson income tax cuts in 1979 [...]

                         The government wants to make its transport policy a big contributor to lowering the UK’s output of carbon dioxide. Many people just want a transport system that works for them.                         The idea that switching people to trains from cars will do the job needs careful examination. Clearly, shifting more people onto commuter [...]

                 I was surprised how the government handled media interviews about the TUC protest against the cuts. They could have used them to set out more of the detail of the difficult financial situaiton we find ourselves in. They could have used it to ask how come we are going to get some unpleasant [...]

                     I am against the waste of money on the census. The government tells me they do not like it either, but it was too late to cancel it. They are  still going ahead spending more on sending it out and collecting it in. A picture of dumping the forms would have made better [...]

                 I have been looking into high speed trains. I have made three day  return journeys to Manchester and Leeds recently and decided to take the train.  I have been hoping to win some green plaudits!                On each occasion I have wished to be in those cities in time for the start of [...]

Conclusions of  24/25 March 2011 EU summit included the following:     2. Within the new framework of the European semester, the European Council endorsed the priorities for fiscal consolidation and structural reform. priority to restoring sound budgets and fiscal sustainability, reducing unemployment through labour market reforms and making new efforts to enhance growth. All Member [...]

               I stand accused of being unclear on public spending. Let me try again. The quicker the government can cotnrol the excess of spending over income, the quicker the economy will perform better.               I do not set out alternative spending targets or numbers to the Chacenllor, as experience has taught me that always leads [...]

                    The Portuguese government has fallen because it was unable to push through yet another austerity package. The  bond market demands ever higher interest rates to lend money to the ailing country. The economy remains mired in poor performance. Now all the talk is of another EU led bail out. There is no immediate [...]

Mr John Redwood (Wokingham) (Con): I remind the House that I offer industrial business advice to a Swedish, quoted international industrial group and investment advice to a British investment company. Some Opposition Members have expressed displeasure that Government Members should have mentioned the circumstances in Greece and Portugal. The Opposition rightly remind us that we [...]