John Redwood's Diary
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My interview with Dan Wootton on GB News in which we discuss economic policy
October 20, 2022 24 Comments
You can watch my interview which starts at 1:22:27
October 20, 2022 24 Comments
24 Comments
No Longer Anonymous October 20, 2022
General election please.
We need the Tory Party put out of its misery and we’re going to have to go the long way around after all. The destructiveness of a Labour government and the resurgence of a REAL Conservative party. Not the one dominated by hedge fund managers, civil servants and the BBC.
IanT October 20, 2022
Blair did tremendous damage that he rarely gets credited with (with the exception of Iraq of course) but I’m not sure we could ever recover from a Starmer Government, at least not in my lifetime
Lifelogic October 21, 2022
Starmer and Sturgeon would be a total disaster. Labour keep suggesting that stopping Non Dom status (fully) will raise more tax and pay for all their idiotic expenditure plans. Dream on abolishing it will certainly raise far less in tax (not more) as these people will not come to the UK or will leave and go to the many other places that will welcome them and their investments.
Berkshire Alan October 20, 2022
Common -sense spoken yet again.
If only more Mp’s would listen, then we may have a chance to get out of this mess, they have made for themselves.
Gary Megson October 20, 2022
Nonsense. The PM has just resigned because the economic policies she pursued, which John Redwood eagerly supported, have been exposed as catastrophic for the country. Reality is at last biting – your Brexit fantasies, your tax cuts without cuts to public services, it’s all fantasy, it’s all come crashing down. General Election NOW
CvM October 20, 2022
In my view she has gone not because of the economic policies but because of the utterly ham fisted and insensitive (lacking political nous) way she tried to go about putting them in place
Nottingham Lad Himself October 20, 2022
Indeed. As if anyone’s seriously listening to what’s said on Heebie-Geebie TV these days anyway 😂
Fedupsoutherner October 20, 2022
NLH. Speak for yourself. You normally do.
IanT October 20, 2022
GB News? I think you underestimate them NLH
Much prefer to watch Andrew Doyle rather than have to suffer for instance (tonight) Rachel Shabi on the Sky Press Preview. Switched as soon as she came on. Spouts lefty nonsense and rarely gets corrected for it….at least Andrew Doyle is amusing.
Berkshire Alan October 20, 2022
GM
The problem Gary was that the Chancellor only put forward part of his budget, which was utterly stupid, probably too eager to try and please, and to show they were trying to get on with the Job.
What on earth has Brexit got to do with the present situation.
Germany has 10% inflation, other EU members similar, Fuel prices similar, yes just come back from being over there for a month, only France have a sensible cap on electricity and gas prices, and that is because of a price freeze at huge cost to their taxpayers.
European Bank not in the best of positions either.
Interest rates going up all over, including the USA and Europe.
Bank of England printing huge amounts of funny money for years!
If only things were as simple as you imagine.
Peter2 October 20, 2022
Don’t fret gazza.
Soon you will have high tax big borrow and spend specialists Labour in power and all your dreams will come true.
James Pigott October 20, 2022
absolutely – the policies were right but were perhaps poorly communicated and explained as well as not joined up with the spending as John suggested. Of course the more troubling issue is the sinister dark forces of the globalist who were out to ridicule the ideas.
am October 20, 2022
It seems to me incorrect that someone who follows economic statistics on a daily basis including obr projections versus their actuals and is not intimidated by general hysteria because he knows the actual numbers should be chancellor.
I don’t mean myself but our host.
In addition if possessing political nuance and experience with the grasp of sequencing, balance and caution rather than all theory implemented at once it seems he is a good choice.
am October 20, 2022
correct not incorrect
Malcolm White October 20, 2022
Dear Sir John,
I enjoyed your interview with Dan Wootton last evening and was impressed, as always, by your ability not to be drawn into personal comments regarding the individuals involved in this and other shambolic interludes within the Conservative Party. I’m not a party member, but would have voted for Liz Truss. Not because of her personality, but because of the policies she was promoting. It’s so disappointing to see that so many that would have made a material difference to the economy have been reversed. Let us hope that there is time enough for things to settle down and the Chancellor, Treasury and the new PM – whoever they may be – see it your way. I’m not, however, holding my breath.
Even more disappointing was that while the vote to extend the ban on fracking was notionally won by the Government – by hook and by crook apparently – Net Zero Watch point out that the very fact that this was opposed by a good number of your fellow MPs and Labour means the likely death of investment in the technology, as investors will be very wary of investing when the next change of Government will almost reverse any decisions made in that regard.
Best regards, Malcolm
Malcolm White October 20, 2022
I did, of course, mean that the Government voted against an extension of the ban on fracking.
Iain Gill October 20, 2022
well said John
formula57 October 20, 2022
There is no excuse for Kwarteng’s slipshod, incomplete special fiscal operation. He had extra days of grace to prepare by reason of Her late Majesty’s passing. He chose the date of presentation.
Say what you will (not that you have), you will never convince me that you would have produced such an inchoate mess as Kwarteng did had you been chosen by the now appropriately late prime minister to be Chancellor.
I made clear by letter to Truss that Johnson had failed because he ignored my November 2020 advice when things started to go wrong for him to read your diary so he would know what he should be doing. I told her to give you a big job so she would not suffer the same fate. The fool chose to ignore me.
jerry October 20, 2022
Our host needs to get his message out beyond the (often, thinly veiled, partisan) USA-styled UK media ghettos, other than giving a nice warm comfy feeling, preaching to the already converted wins (or keeps) no new votes, the people who needs convincing are the audiences of BBC, ITV, Ch4, Ch5 and Sky.
OT: Liz Truss claimed in her resignation statement she had a mandate, but she did not. The party needs to either elect someone who will stand for leadership on, and implement, the policy positions published in the 2019 manifesto and on which each individual Tory MP were elected on by their constituents, or the new would be PM has to publicly commit to calling a general election before Christmas to seek a fresh mandate.
Margaret Brandreth October 20, 2022
Oh well.. who next..? I only wish she had stayed longer and let the real Truss speak.Of course the alphas stamped.
hefner October 20, 2022
This morning, The Economist had an item ‘Welcome to Britaly’. How apposite.
Norman October 20, 2022
How refreshing to see an interviewer listening with rapt attention to your excellent delivery on this crucial policy matter. What a contrast to the usual MSM aggressive style and intrigue.
This afternoon, at a newsagent’s rack, I saw a lady staring intently at a picture of Liz Truss looking weary and fraught on the front page of one of the tabloids. I remarked at the horrible way she’d been treated the past few days. The lady, probably in her 60-70’s, replied ‘Wicked’. I agreed, and wondered how many other ordinary quiet folk up and down the land felt the same.
Mickey Taking October 20, 2022
Today brought the lowest point I can remember in the standing of the Conservative and Unionist Party.
Not only has the wishes of the membership been dumped after such an alarming previous PM, they should wish to forget on several points, but a set of reasonable has policies been attacked in such a divisive spiteful manner with his successor that this PM finds it impossible to hold a Government together – the wishes of a large number of MPs.
Forget this choosing a replacement by a small committee. the 1922 formerly held in regard. How can a candidate list be fair and inclusive when it starts at 100 support – talk about engineered a PM!
Although I am very anxious about the next Party to take power, there is currently no democracy left in our Parliament – the only way now is let THE PEOPLE DECIDE.
Over quite a long period of time the Tories have demonstrated the inability to govern – finally the Electorate must have it’s say.
Mickey Taking October 20, 2022
Communications to Shetland have been severely disrupted after a subsea cable was damaged.
Police have declared a major incident after the south subsea cable between the islands and the mainland was cut. The force said some landlines and mobiles were not usable and that officers were patrolling to try to reassure residents.
Repairs to another cable connecting Shetland and Faroe are ongoing after it was damaged last week.
First Minister Nicola Sturgeon said it was an emergency situation for the island. The Scottish government’s resilience committee had met and was working with partner agencies to ensure support was provided, she added.
She said the assumption was the damage was accidental, adding: “There is nothing to suggest otherwise, but work is continuing to assess exactly what the cause of the problem has been.”
Has some malign actor been practising?
October 20, 2022
General election please.
We need the Tory Party put out of its misery and we’re going to have to go the long way around after all. The destructiveness of a Labour government and the resurgence of a REAL Conservative party. Not the one dominated by hedge fund managers, civil servants and the BBC.
October 20, 2022
Blair did tremendous damage that he rarely gets credited with (with the exception of Iraq of course) but I’m not sure we could ever recover from a Starmer Government, at least not in my lifetime
October 21, 2022
Starmer and Sturgeon would be a total disaster. Labour keep suggesting that stopping Non Dom status (fully) will raise more tax and pay for all their idiotic expenditure plans. Dream on abolishing it will certainly raise far less in tax (not more) as these people will not come to the UK or will leave and go to the many other places that will welcome them and their investments.
October 20, 2022
Common -sense spoken yet again.
If only more Mp’s would listen, then we may have a chance to get out of this mess, they have made for themselves.
October 20, 2022
Nonsense. The PM has just resigned because the economic policies she pursued, which John Redwood eagerly supported, have been exposed as catastrophic for the country. Reality is at last biting – your Brexit fantasies, your tax cuts without cuts to public services, it’s all fantasy, it’s all come crashing down. General Election NOW
October 20, 2022
In my view she has gone not because of the economic policies but because of the utterly ham fisted and insensitive (lacking political nous) way she tried to go about putting them in place
October 20, 2022
Indeed. As if anyone’s seriously listening to what’s said on Heebie-Geebie TV these days anyway 😂
October 20, 2022
NLH. Speak for yourself. You normally do.
October 20, 2022
GB News? I think you underestimate them NLH
Much prefer to watch Andrew Doyle rather than have to suffer for instance (tonight) Rachel Shabi on the Sky Press Preview. Switched as soon as she came on. Spouts lefty nonsense and rarely gets corrected for it….at least Andrew Doyle is amusing.
October 20, 2022
GM
The problem Gary was that the Chancellor only put forward part of his budget, which was utterly stupid, probably too eager to try and please, and to show they were trying to get on with the Job.
What on earth has Brexit got to do with the present situation.
Germany has 10% inflation, other EU members similar, Fuel prices similar, yes just come back from being over there for a month, only France have a sensible cap on electricity and gas prices, and that is because of a price freeze at huge cost to their taxpayers.
European Bank not in the best of positions either.
Interest rates going up all over, including the USA and Europe.
Bank of England printing huge amounts of funny money for years!
If only things were as simple as you imagine.
October 20, 2022
Don’t fret gazza.
Soon you will have high tax big borrow and spend specialists Labour in power and all your dreams will come true.
October 20, 2022
absolutely – the policies were right but were perhaps poorly communicated and explained as well as not joined up with the spending as John suggested. Of course the more troubling issue is the sinister dark forces of the globalist who were out to ridicule the ideas.
October 20, 2022
It seems to me incorrect that someone who follows economic statistics on a daily basis including obr projections versus their actuals and is not intimidated by general hysteria because he knows the actual numbers should be chancellor.
I don’t mean myself but our host.
In addition if possessing political nuance and experience with the grasp of sequencing, balance and caution rather than all theory implemented at once it seems he is a good choice.
October 20, 2022
correct not incorrect
October 20, 2022
Dear Sir John,
I enjoyed your interview with Dan Wootton last evening and was impressed, as always, by your ability not to be drawn into personal comments regarding the individuals involved in this and other shambolic interludes within the Conservative Party. I’m not a party member, but would have voted for Liz Truss. Not because of her personality, but because of the policies she was promoting. It’s so disappointing to see that so many that would have made a material difference to the economy have been reversed. Let us hope that there is time enough for things to settle down and the Chancellor, Treasury and the new PM – whoever they may be – see it your way. I’m not, however, holding my breath.
Even more disappointing was that while the vote to extend the ban on fracking was notionally won by the Government – by hook and by crook apparently – Net Zero Watch point out that the very fact that this was opposed by a good number of your fellow MPs and Labour means the likely death of investment in the technology, as investors will be very wary of investing when the next change of Government will almost reverse any decisions made in that regard.
Best regards, Malcolm
October 20, 2022
I did, of course, mean that the Government voted against an extension of the ban on fracking.
October 20, 2022
well said John
October 20, 2022
There is no excuse for Kwarteng’s slipshod, incomplete special fiscal operation. He had extra days of grace to prepare by reason of Her late Majesty’s passing. He chose the date of presentation.
Say what you will (not that you have), you will never convince me that you would have produced such an inchoate mess as Kwarteng did had you been chosen by the now appropriately late prime minister to be Chancellor.
I made clear by letter to Truss that Johnson had failed because he ignored my November 2020 advice when things started to go wrong for him to read your diary so he would know what he should be doing. I told her to give you a big job so she would not suffer the same fate. The fool chose to ignore me.
October 20, 2022
Our host needs to get his message out beyond the (often, thinly veiled, partisan) USA-styled UK media ghettos, other than giving a nice warm comfy feeling, preaching to the already converted wins (or keeps) no new votes, the people who needs convincing are the audiences of BBC, ITV, Ch4, Ch5 and Sky.
OT: Liz Truss claimed in her resignation statement she had a mandate, but she did not. The party needs to either elect someone who will stand for leadership on, and implement, the policy positions published in the 2019 manifesto and on which each individual Tory MP were elected on by their constituents, or the new would be PM has to publicly commit to calling a general election before Christmas to seek a fresh mandate.
October 20, 2022
Oh well.. who next..? I only wish she had stayed longer and let the real Truss speak.Of course the alphas stamped.
October 20, 2022
This morning, The Economist had an item ‘Welcome to Britaly’. How apposite.
October 20, 2022
How refreshing to see an interviewer listening with rapt attention to your excellent delivery on this crucial policy matter. What a contrast to the usual MSM aggressive style and intrigue.
This afternoon, at a newsagent’s rack, I saw a lady staring intently at a picture of Liz Truss looking weary and fraught on the front page of one of the tabloids. I remarked at the horrible way she’d been treated the past few days. The lady, probably in her 60-70’s, replied ‘Wicked’. I agreed, and wondered how many other ordinary quiet folk up and down the land felt the same.
October 20, 2022
Today brought the lowest point I can remember in the standing of the Conservative and Unionist Party.
Not only has the wishes of the membership been dumped after such an alarming previous PM, they should wish to forget on several points, but a set of reasonable has policies been attacked in such a divisive spiteful manner with his successor that this PM finds it impossible to hold a Government together – the wishes of a large number of MPs.
Forget this choosing a replacement by a small committee. the 1922 formerly held in regard. How can a candidate list be fair and inclusive when it starts at 100 support – talk about engineered a PM!
Although I am very anxious about the next Party to take power, there is currently no democracy left in our Parliament – the only way now is let THE PEOPLE DECIDE.
Over quite a long period of time the Tories have demonstrated the inability to govern – finally the Electorate must have it’s say.
October 20, 2022
Communications to Shetland have been severely disrupted after a subsea cable was damaged.
Police have declared a major incident after the south subsea cable between the islands and the mainland was cut. The force said some landlines and mobiles were not usable and that officers were patrolling to try to reassure residents.
Repairs to another cable connecting Shetland and Faroe are ongoing after it was damaged last week.
First Minister Nicola Sturgeon said it was an emergency situation for the island. The Scottish government’s resilience committee had met and was working with partner agencies to ensure support was provided, she added.
She said the assumption was the damage was accidental, adding: “There is nothing to suggest otherwise, but work is continuing to assess exactly what the cause of the problem has been.”
Has some malign actor been practising?