I am being contacted by media for interviews in the long run up to the next budget. When I say the need is better control of public spending there is still a disbelief that it can be cut. Let me have another go at identifying some of the most obvious wasteful and less desirable spending that the government needs to cut or control.
Bank of England bond losses, running at around £30 bn a year
Illegal migrants put into hotels and on benefits running at an extra £2bn a year
51,000 people a week going onto Universal Credit, with 46% now on the benefit not being expected to seek work £2.5bn extra for one year of additions
£20 bn over a period of years on carbon capture and storage
Continuing large cost overruns and outgoings on the much delayed HS2
£40 bn additional cost from lost public sector productivity in the main services
£35 bn over 99 years to Mauritius for Chagos
£650 m to subsidise mainly imported batteries/ battery cars
August 16, 2025
To which you could add:
Aid
Barnett
Bloated Civil Service
Net Zero
August 16, 2025
What abouts the revenue side, drastic cuts in tax take from the north sea . Imminent loss of jobs at our 2 remaining ethanol plants thanks to our world beating negotiating team in America.
The government has no interest in cutting spending, only deliberately destroying our manufacturing base. Where all this foreign exchange is going to come from to pay for these imports is a mystery
Once again Milibrain cab chalk up a victory as hundreds are marched off to the benefits office due to his net stupid rampage.
August 16, 2025
Indeed the insane workers right bill will do vas net harm too.
Why do the media and MPs make such heavy weather of curbing public spending?
Simple zero political will since Thatcher left office and even she did not do enough.
Not their money so they care not what they pay nor what value they deliver. Plus many of their mates etc. pick up nice well paid undemanding jobs and nice pensions too.
August 16, 2025
Throwing money at the French..
Giving money to the EU
August 16, 2025
Throwing money at the French with virtually no need for them to perform or even try to perform it seems. Where is the agreement is at as useless as the moronic 1 in 1 out one (actually more like 50 in 1 out) French agreement?
August 16, 2025
Our zero deterrent police and criminal justice system cost a fortune and so augments crime and so it costs even more next year. Just like our zero deterrents to illegal, low skilled and often clearly criminal immigrants does. And lets have more and more feckless claiming benefits agenda and often being better of than full time workers.
August 16, 2025
Today and most of this week we are Importing 25% of our electricity at £97 gwh. Something we can generate for £55 per mwh
Still Milibrain talks us it’s the price of gas causing high energy bills.
August 16, 2025
Could be cheaper than that had the foolish Tories no blown up and sabotaged the coal power stations.
A list of all the dopes who did this vandalism. Did any have even a Physics A levels I wonder. Did any of this people understand the different between energy and power or what entropy is?
https://en.wikipedia.org/wiki/Minister_of_State_for_Energy_Security_and_Net_Zero
Energy_Security_and_Net_Zero surely they mean Energy_Security_or_Net_Zero!
Rather like being For Women and Equality can only be For Women or Equality.
August 16, 2025
£35 per MWH from coal 3.5p a KWH at current coal prices is possible by ditching Miliband and his lunacy even less had we still got the power stations. But we have to pay circa 8 times this.
Perhaps I should by a small steam engine and an alternator! I could also use the waste heat for hot water, cooking, the swimming pool and heating the house in winter too. All rather efficient certainly compared to heat pumps and the unreliables!
August 16, 2025
The problem we have Ian is that the mass media have not yet picked up on this scandal and fully exposed it for what it is, so the majority of the public are still supporting this Net Zero, Renewables nonsense, because they are completely unaware of the full cost.
Did you notice even Trumps sensible comments about such (Wind verses Oil and Gas) made just a couple of weeks ago, got very little air time.
August 16, 2025
Not sure how you are calculating our import cost. Prices on the Continent vary hugely over the day. Today there are several hours priced at minus €0.01/MWh due to widespread solar surpluses, but away from the heat of the day prices are €75-90/MWh. Of course we pay a higher price to import, and interconnectors make a lot of money (but are mostly subject to a cap).
Reply The UK is heavily in deficit on prices and volumes of electricity sold and bought
August 16, 2025
National grid live gives dynamic pricing for electricity. The only negative price is us exporting surplus.
We are at this moment paying £84 per mwh. So basically exporting uk rax revenues.
August 16, 2025
As I type wind is supplying 2.5gw and 7gw of solar is rapidly diminishing as the sun goes down with CCGT ramping up to compensate. Imagine if it was a cold wet January when demand was 45gw. Not 32.
August 16, 2025
£400 billion+ wasted on Covid Loans and Lockdowns both did net harm to health and the economy.
Vast subsidies and market rigging for intermittent so called “renewables” and grid connections for these.
Pointless subsidies for EVs, heat pumps, the costs of educating all the people who are now dropping out of private schools, the cost of people who are encouraged not to work by the benefits system, HS2, vast subsidies for rail and bus travel, vast gold plated pensions for some state workers…
August 16, 2025
Net zero: an unaffordable solution to a non-existent problem that wouldn’t solve even if it did exist.
There are only three routes to prosperity: make more, spend less or steal from someone else. Why are politicians never asked, “You want to run the country: tell me five ways you’ll make it richer.”?
August 16, 2025
Exactly but four ways perhaps 1. earn it 2. steal it 3. inherit it, or 4 marry into it?
Governments tend to like number 2.
August 16, 2025
Rachel likes to borrow money
August 16, 2025
That comes under “steal” as she is not borrowing it herself but off the backs of taxpayers for them to repay later (or to default on perhaps – either way steal covers it!
August 16, 2025
+1
August 16, 2025
Barnet, oh yes the waste that keeps on wasting.
August 16, 2025
NS
Indeed we fund, free University fees, free prescriptions, free nursing care in Scotland, whilst paying the full price here for such services in England.
Scotland has its own Parliament, but also has representation in Westminster, why?
We now have more talking shops, costing the taxpayer more money, but we in England always seem to get less in return.
August 16, 2025
@David Peddy +1
August 16, 2025
Good morning.
Benefits going to non-UK citizens. That’ll save a few billion.
August 16, 2025
If our kind host allows.
https://www.migrationcentral.co.uk/p/over-one-million-migrants-claiming
August 16, 2025
That should be halted today
August 16, 2025
Subsidising renewable to distort the energy market.
Support for Ukraine.
Sir John,
I noticed yesterday that President Trump said that The US were not spending money on supporting Ukraine in fact, he said, we are making money. He’s sending
Weapons and NATO are sending cheques to the US defence industry. Does this mean we are paying for many of these weapons?
If the PM does join Putin, Trump and Zalensky in Alaska, I hope they lock away the nation’s cheque book and credit card.
August 16, 2025
@Cliff.. Wokingham. – POTUS works for the US and its People. He secured the mining rights to all the Ukraine, lithium and rare earth materials etc. in exchange for the weapons he would send. The the USA and its People get to earn, not pay. That’s what happens when those you empower and pay people to serve your Country.
The UK Taxpayer has empowered and paid a Parliament to dedicatedly work for the Socialist WEF that ensures the destruction of the UK, all for the benefit of those that we don’t vote for and don’t contribute to our existence.
August 16, 2025
Ian B,
Ah, that explains it… We need politicians then who put the UK first and don’t need to have their ego inflated on the world dtage.
August 16, 2025
+1
August 16, 2025
Seems even Trump can’t negotiate his way out of the last of the cauldrons in Donbass, already the Russian Army are changing the equipment to faster models.
Oreshnik Missiles took out the 4 German/Ukrainian missile factories. If Churchill had received that message he would have proposed a toast! Anyway, I drank one and thought of him.
So deduct the cost of supporting Ukraine for 100 years too 🥳 . Starmer is the kiss of death. So glad he embraces Mertz, Macron, Zelensky, Ritter …
August 16, 2025
are you sure you don’t have true red Russian ancestry?
August 16, 2025
Well over a year ago you insisted Putin would win in 2 weeks, then time was running out, unable to defend against 20 times manpower & advanced weapons, and Ukraine had no missiles. Then attacking mother Russia not allowed, but they developed/ adapted their own drones to take the fight to Moscow and took out advanced jets on the bases deep inside. Your dismissive attitude and white flag waving makes me smile.
August 16, 2025
The war was lost then. But NATO kept funding arms and the pressganging of Ukrainians.
Evil, evil, evil.
August 17, 2025
The war was lost before it started. As senior former US military pointed out at the time. So the strategy should have been not to play war.
The world was lucky tactical nuclear weapons were not deployed.
What was the calculus behind the use of little boy and fat man?
I never saw ordinary Russians as being anti west, so why?
I do think it was evil.
Who benefited from this ?
August 16, 2025
Yes to all that, withour having to mention migrant support, overseas aid, borrowing interest, and the NHS purchasing scandal.
August 16, 2025
They don’t want to listen. There’s nothing so uncommon as common sense. Besides, who controls the zeitgeist? The propaganda machine has been very effective.
August 16, 2025
@Annie – so very true
August 16, 2025
Too true, and recall Labour did not spend fourteen years in Opposition to arrive in Government only to preside over austerity and cuts, even if economic circumstances will eventually dictate that it shall, always provided Wrecker Reeves’s expectations of growth are not illusory.
August 16, 2025
Annie
The propaganda in no way convinces me.
August 16, 2025
It’s very simple and you know the answer having been an MP during Cameron’s alleged austerity years.
A vote loser. People link more money equals better services, less, you are trashing the public sector plus the total power of the Unions to make your life untenable weaponised by Labour.
Link to MPs who have zero business understanding, it’s not their money and spending is a major reason to become a politician in the first place.
Hear their pleas for more money in their constituency and squeals when cuts look to be costing them their seats.
This constant talk of cuts, efficiencies from all sides is BS, a smokescreen to convince a gullible public something will happen. It won’t until given no choice by an external stakeholder. IMF/Bond Markers etc
August 16, 2025
Cameron did not impose austerity, he did not even halt the ever expanding state and it’s spending tsunami.
August 16, 2025
Lynn
Indeed the biggest disappointment as a Prime Minister, for me he had, no soul, no backbone, no real passion for our Country, like many others before and since, he preferred the taking shop of World, and Eu Politicians, rather than get a grip on what was happening in the UK.
August 16, 2025
I remember a friend saying ‘ I’m not going to not vote for Cameron because he went to Eton’.
I said ‘ oh not because he went to Eton’
Caroline Neill clapped.
August 16, 2025
£12 billion per month (£144 billion per year) paid out in benefits to people not born here.
NHS waste and non collection of fees for those who do not qualify for free treatment
Benefits payments for anxiety and other spurious conditions
Loss of tax from fossil fuel exploration and production
Ukraine support
Payments to the French
Interst payments on balances held at the Bank of England
DEI initiatives
I haven’t really needed to give it too much thought but each spend will be defended by a vested interest
August 16, 2025
I’m in favour of Ukraine support. It’s just the thought of Russian troops sweeping through Ukraine in unrestrained rape and pillage. I’d like to nominate my income tax to go to Ukraine to help in their war effort.
The UK declared war on Germany in 1939 because it stood up to injustice. The people of that generation earned respect for their bravery. The contemptible stood by and watched while others showed backbone.
August 16, 2025
Sir John
Yes disbelief at the lack of understanding of what it is meant to ‘budget’
Then yesterday 2TK, lets call it Kier Starmer the UK PM hit the media with ‘he’ will put boots on the ground in the Ukraine to defend any ceasefire agreed. Gob-smacked, he can’t muster the troops to defend our shores against a criminal invasion, but he will defend foreign lands. How has he found time to grandstand, or what he thinks is grandstanding on the international stage amongst his friends of The Socialist WEF.
Tell me again whose Prime Minister is he?
August 16, 2025
Trump had no cards, not even a Joker. He did well. He got another meeting.
He now must negotiate a new nuclear agreement, a Security in Europe agreement which includes security for Russia which is a European country.
This is what the top EU diplomat, Kaja Kallis said on record: ‘ NATO countries must take control of Moscow and forcibly rewrite the mentality of Russian citizens so that the Russians will never be a threat again.’
Those agreements will mean the USA can withdraw from Europe and we will need to elect sentient people to govern by consent.
August 16, 2025
‘Russia which is a European country.’
That has borders with Ukraine, Georgia, Azerbaijan, Kazakhstan, China, Mongolia, and North Korea.
August 16, 2025
A very interesting book ‘In Siberia’ by Colin Thubron, 1999 might be a good addition to the library of those who think of Russia as essentially a European country.
August 16, 2025
The Russian Federation is the biggest in the world. Russia is a European country and the Rus are European people.
Make up your own mind for once instead of scouring everything that others write. Being in print does not make fact of lies.
August 17, 2025
Writing on a blog does not either guarantee that what the author writes (or responds to) has any modicum of intrinsic truth . It mainly reflects the author’s prejudices, sometimes based on experience, sometimes based on ideology, sometimes based on what the comment’s author has understood of their watching/listening/readings be they tabloids, MSMs, books, academic or think tanks.
How can it be bad to question the Russian Federation as a European country when geographically Russia west of the Ural Mountains is clearly part of Europe but Siberia east of those mountains is in any description considered part of the Asian continent with 39 m people (77% of the land area, 26% of the total 148 m population of the RF.)
As for the Rus obviously a European people, as by the CE 8-11 th centuries, they had been coming from around Scandinavia, they represent 71% of the RF’s population and about 85% of the Siberian population.
But wouldn’t that be similar to saying that in the 2020 US Census 56% of the population is of European origin. Just asking.
Reply This blog which you clearly rate highly as you spend so much time on it mainly has pieces from me based on extensive research into economies and government policy with data from official sources.
August 16, 2025
with Alaska only 55 miles away across the Bering Strait
August 16, 2025
Ambrose Evans-Pritchard wrote an interesting article for the Daily telegraph on Wednesday about the action taken by the Swedish government in the early 1990s to correct the inevitable result, impending economic collapse, of their socialistic welfare system. Evans-Pritchard quotes the then Swedish Prime Minister, Goran Perrson, as saying his action was made up of one third tax rises, and two thirds spending cuts. Most important though was to face up to the problems and tell the truth in the election campaign, something that no British politician, not even Nigel Farage, has been prepared to do since Mrs Thatcher. One wonders why this is the case? If you tell people the truth, they are apt to respect you, even if they do not like what you say.
Interestingly the one area where Perrson increased spending was education, including expanding the private sector, the precise opposite of the action taken by Labour.
August 16, 2025
If Sweden had not gone down the drain since that might have been an impressive argument.
August 16, 2025
I have a friend who has a government car for his mobility. He admits that he can afford to buy a car.
I don’t blame him for taking advantage of the system. I blame those who allow it.
Same for people on benefits. Same for legal immigrants. Same for public sector bosses.
I blame none of the above for taking advantage of the situation (?wouldn’t most people?). I blame those that allow them to.
August 16, 2025
‘People behave rationally in irrational circumstances.’ Norman Tebbit
August 16, 2025
Well sometime people behave rationally (though millions but lottery tickets). Should we blame some one for living off benefits when they might have to earn £80,000+ to have the same disposable income + mobility car as they get on benefits? They are indeed often behaving entirely rationally given the system that pertains. Just as the illegal migrants are doing given that mad system.
Also these people will prob. never be able to earn £80K+ and even if they could they would have almost certainly to work over 40 hours to do so and would have commuting costs plus the lack of time would put up their shopping, cooking, house repairing, childcare and other costs!
August 16, 2025
Absolutely right. I cut back in costs in the identified major areas is imperative.
August 16, 2025
End the rail subsidy – £22bn.
Stop NHS treating lifestyle diseases – £10bn.
Relieve councils of obligation to provide care homes – £5bn.
Promote private education – £5bn.
Promote private healthcare – £10bn.
End TV license – £3.7bn.
Bill Labour voters for the deficit – £50bn.
End state pension – £138bn.
August 16, 2025
I don’t think this would cut it John.
August 16, 2025
Don’t forget £billions on DEI (Diversity, Equity, and Inclusion), continued payments to EU/UN, universal credit to non-UK, nuclear weapons, foreign aid, empty cycle-lanes, pointless net-zero, quango’s …..and the salaries of local council ceo and top civil servants (no government funded salary should be beyond that of the PM)
August 16, 2025
Why? Because most of the Media and MPs are socialists and socialism depends upon making and keeping people poor. And Net Zero is the perfect vehicle to achieve this aim. £20bn over a period of years for carbon (CO2) capture and storage is minor compared to the proposed £200bn+ (£8000+/household) to be spent on the NESO Clean Power (well, 95%) 2030 scheme. The result will be expensive, subsidised, chaotically intermittent electricity from un-defendable renewables whilst needing 35 GW of subsidised, unabated gas backup generation and up to nearly 40% peak demand reduction using DSR (Demand Side Response), aka rolling blackouts, and expensive, unreliable interconnector electricity to keep the lights on somewhere and prevent grid collapse. There is no plan for grid-scale electricity storage as it is far too expensive. And NESO’s estimate of “over £40bn annually” will be an HS2 type estimate for sure. The latest ASP for fixed offshore wind is now just £10-£14/MWhr below that for Hinkley Point C which has always been considered to be ridiculously expensive. Floating offshore wind, which the CEO of British Energy says will be needed by 2050 because we are running out of shallow water, is more than twice the price of Hinkley Point C.
August 16, 2025
Sir John I think you have missed out the cost of our involvement in foreign wars not related to our direct defence.
Our Governments Left and Right make more effort to keep them going then to stop them, and prop this up by one sided information in the media. But when it comes to the actual defence of this country they give away our defence assets and then pay a foreign power to use them. The Chagos Islands a classic example.
If our current PM said he was considering giving back the Falklands to Argentina and Gibraltar to Spain even though the local inhabitants were against this, it would not surprise me. He would find some legal argument to justify overriding a democratic vote not to do so. Perhaps this is why the small boat invasion, which is a direct and immediate threat to the country’s security, is ignored.
August 16, 2025
Well done John keep educating them
I know it’s hard !!
August 16, 2025
Keep educating the Tory Party
August 16, 2025
There is also annualised accounting. No incentive to come in under budget, indeed frowned upon and punished by less money next time.
Plus political interference, interminable changing of the spec in procurement, budget cancellation through changed political needs etc. Zero outcomes set or pathetically audited. Spending is the measure of success hence the rubbish spouted by Politicians defaulting to quoting amounts with lots of noughts.
So spend and make it quick. ‘Criminally’ inefficient/wasteful, derisory if you understand financial management.
Bring the stocks back. I could get rid of a lot of cabbages.
August 16, 2025
This Labour government is arguably more incompetent that any that have gone before.
Rachel Reeves is by far the worst ever Labour Chancellor and together with Starmer, she has completely lost control of the Treasury and any ability it had to keep spending under any kind of control. They cannot now make any spending cuts because their left-wing backbenchers are now in charge.
I fear that they will have brought the country to its knees by the time their term comes to an end and, unless Reform and the Conservatives get their collective acts together, the next government will be a Labour/Lib-Dim/Green/SNP/Plaid coalition, all competing to increase spending in the ministries they control.
That can only have one outcome : the IMF will end up in charge, just like in 1964, unless, like Callaghan and Healey, Reeves and Starmer lose the confidence of the markets and have to go to the IMF within the next four years.
August 16, 2025
The Govt. Should call in the IMF. That way spending will be cut whether the Unions/MPs etc like it or not.
August 16, 2025
116 criminals were illicitly shipped, into the UK yesterday on the 15th August from France…… stop paying the French for doing noting
August 16, 2025
doing nothing? Patting each other on the back for unloading another lot of unemployed foreigners to their friends across the Channel. Shouting out ‘ADIEU’. Probably go home chuckling all the way.
August 16, 2025
Refuse to come and collect boats that are being escorted by the French navy as clearly they are in no danger and the French aren’t going to abandon them in mid Channel are they? Especially after giving them their returnable lifejackets. Any illegal migrants who do make it to our shores should be put up in tents in fenced, guarded encampments awaiting processing and deportation and not rewarded with free 4 star hotel accommodation, or housing, free clothing, £40/week pocket money, free entertainment and the freedom to roam the streets wherever they wish together with taking untaxed, unregulated jobs. Or simply allowed to abscond.
August 16, 2025
Sir John, our Governments, past and present, from 2000 onwards, are addicted to spending. I agree with all your cost savings, but would like to focus on one area.
Why has no MP made any attempt to investigate Net Zero/Climate Change / Global Warming? When millions of pounds of taxpayers’ money are being spent, surely the first question is to ask why, and make sure there is a genuine reason for the spending. There are now plenty of books which expose the utter nonsense of NZ/CC/.GW.
Do none of our MPs read them and ask why we are spending money on a completely false premise?
Why does no MP ask Miliband to give them five hard scientific facts which prove NZ/CC/GW? He can’t because there is not even one! Why are our media so brainwashed that they don’t research NZ/CC/GW and prove it is rubbish, instead of just regurgitating the Government and BBC line on the matter? Common sense on that would lead to a real reduction in the cost of energy!
Reply When an MP I wrote a short book about the $275 tn global bet on net zero and explained why it was unaffordable and ahead of consumer preferences.
August 16, 2025
answer :- media and MPs are basically left wing, socialist cum communist tendancies with vote winning appeal by handing out money to anybody. They will raid the money tree orchard until they all fall to the ground.
August 16, 2025
I rarely comment twice but have just read an article which sums up the waste in government.
The FCDO has given £20 million since January 2023 to a charity which claims to dismantle the patriarchal/ capitalist world order. This is absolute nonsense and this kind of spending should be stopped immediately!
August 16, 2025
I see the markets think Bailey can’t sustain lower interest rates with 10 year bonds now at 4.7%. We can probably expect a market ambush after the budget which will doubtless opt for damaging measures that the OBR will have been persuaded to mis-estimate.
I doubt the economists at the big banks will agree (at least in their internal evaluations) and their traders will act accordingly.
August 16, 2025
MPs will not cut public spending because public spending is the only thing holding the economy together. Cut very much and the dole queue grows because there are very very few other sources of employment that pay anything other than peanuts. All been outsourced or IT’d away with more to come. The old ‘competition/capitalism/whizzy jobs’ model is practically dead. You need the Civil Service – like it or not.
Look around, where are the Time Machine factories or Transgalactic Transporter factories? Nothing much new has come along in the last 30 years. All very depressing for poor Rachel and just as depressing for any Tory government who in truth have no new ideas either.
Reply We are living through a huge digital revolution where the US and China are generating the jobs and companies that dominate. Who is making all the smartphones, broadband, chips, wind turbines solar panels,nuclear power stations etc. Not us.
August 16, 2025
Diesel engines, cars, buses, tunnel boring machines, railway carriages, ships, LEDs, Laptops, aircraft, RIBs (!!).
August 16, 2025
Networking meetings, DEI meetings, awards conferences, sports day, bring your dog to work day, poets day, kings birthday leave, duvet day, charity committees, working from home …cut all the jollies; they don’t exist in the private sector where you get paid paid for doing 40 hours per week, and you’re expected to ‘work’ 40 hours per week
August 16, 2025
I would love to know the pay of NHS staff per hour worked over a year, including as locums.
August 16, 2025
Sadly Labour complain about Capitalism and Profits and are blind to the fact how it generates the wealth of a country (not the Public Sector, surprise surprise) and not to be abused and taken for granted.
Every country is in competition and Labour only make it difficult for UK businesses and entrepreneurs and too easy for foreign countries at our expense, as,though they really despise us.
Too happy to tax, borrow and spend billions ahead of actually making sure business is actually booming they take underserved credit for giving away our future wealth.
Labour do not understand what “Budget” means yet expect everyone else too.
Balancing the books is coded speak for spin the yarn they are financially viable, but devious. Cutting waste is something we have tried and not possible, especially as their voters are averse to it.
Meanwhile they allow more illegals in and fete and groom them to be indebted to Labour’s financial profligacy, with all kinds of incentives at tax payers expense. And get away with it on a mega scale.
August 16, 2025
John Redwood’s list here is very modest. It might be enough to get a government (not Labour who are allergic even to modest sensible cutbacks to public sector spending) out of the present accounting hole for the Autumn budget to prevent further tax increases.
However it is not transformative as I want : I would like to save a couple of hundred billion pounds to abolish Income Tax and scale back public spending by the approximately 25% necessary to achieve that. In my view that should mean abolishing most regulation, abolishing most subsidies to inefficient industries, abolishing a lot of disability benefits and downsizing the NHS, the Foreign Office and the whole education system.
I want such a transformation not only to increase economic wealth but also to enhance personal freedom. I want to stop our bloated public sector from doing most of what it does not, realistically cannot for long, do efficiently.
Intellectually I only want a government that does what is beneficial to citizens but what cannot otherwise be done rather than a nanny state. Even people attracted to the nanny state concept should realise that nanny is so hopelessly inefficient that it ends up impoverishing people more than helping people. Except where it is the only feasible solution, as Ronald Reagan said,’government is the problem, not the solution’.
August 16, 2025
I mostly agree. But income taxes are the fairest. You have the money with which to pay. Tax without income is particularly cruel. It destroys capital.
Income is the last tax I would abolish.
August 17, 2025
People going on benefits
are not counted as unemployed this keeps the unemployment figures down making the unemployment figures looking lower than they really are
it been going on for years by all governments
Thank you sir john