We learn that Rachel Reeves is to be sacked as Chancellor. That is a sensible decision. She has systematically depressed sentiment and hurt investment by talking the economy down, by overtaxing anyone and any business that wants to be positive. She has driven up unemployment and inflation. She has failed to restore lost public sector productivity, feather bedded ailing state businesses and services and allowed runaway energy and water bills.
Who should replace Rachel Reeves?
Front runner Ed Milliband would be a disaster. Doubling down on wasteful and damaging net zero capital projects, continuing with expensive fossil fuel energy made too dear by sky high taxes and carbon charges, and refusing to get our own tax rich oil and gas out would continue the anti growth and anti enterprise Reeves policies. Burnham would fail to keep his promises of wider investment prosperity and growth from the day he appointed Miliband.
Untested Wes Streeting is so ambitious he has not set out and stuck with any clear view of how to grow an economy or more importantly how to control the out of control public spending of the last two years. It would be best to put him back in charge of the NHS and tell him to see through the reforms he claimed to have started before his resignation.
Yvette Cooper has some of the background and experience necessary, but her abject failure as Home Secretary to do the obvious things to smash the gangs, her number one policy objective, illustrates that she finds it very difficult to translate aims into working policies. Why take the risk again? As Foreign Secretary she has just been bag carrier to a PM who wanted to be out of the UK as much as possible, acting as his own Foreign Secretary.
Shabana Mahmood should stay as Home Secretary. She sounds the toughest of the candidates for that job and has a lot of unfinished work to do to smash the gangs and bring down legal migration further. Give her more time to see if she can translate tough talk into good outcomes.
Darren Jones is a slick media performer who has until recently done his best to speak for an ailing Prime Minister. This has not afforded him any opportunity to develop an independent view of how to improve the economy and go for growth. He has seemed more interested in the politics than in good government. His pathetic attempt to run for leader by allowing speculation to run until yesterday morning when he tried to jump aboard the Burnham bus with a half hearted endorsement of the new PM shows he does not have what it takes for a senior job.
Pat McFadden would be my choice. He has been loyal to Starmer in public whilst being an honest adviser in private about the benefits and tax disasters of Starmer/Reeves. He understands the need to curb benefit spending is a priority and sees that there have to be limits on extra and higher taxes. He would send the least damaging signal to the markets.
June 25, 2026
‘Front runner Ed Milliband would be a disaster.‘ Agreed.
I do not have enthusiasm for any particular candidate. I hope Richard Burgon remains on the back benches though.
June 25, 2026
Well I expect Streeting will get it, but whomever it is they will not be allowed to slash benefits which is what needs to happen. Moronic Miliband needs to go from Energy to somewhere he can do less harms.
Lord Hermer seems to think that Chagos is a good deal as, if we do not do this, there is a risk that China will grab them. But if the deal is done they are surely far more likely to do this. Is this man mad, he certainly must go.
If China did grab them then at least we would not have to pay I suppose. Can Hermer explain his bonker thought process? is it that he things it is better for China to take than after we have given them away rather than before?
June 25, 2026
Burnham should take Trump’s advice stop the (now largish) boats, control immigration, drill baby drill and deter and cut crime. He might even win an election if he did but he won’t.
Kemi Badenoch branded Education Secretary Bridget Phillipson a “spiteful class warrior” during a heated Commons clash over Labour’s education policies. She clearly is it will not even raise any net tax.
Phillipson
I wonder what it is about a working class woman driving record investment in state schools by ending private schools’ tax breaks that the Tories hate so much.
Well Bridgette could it be that
A. It is not a “tax break” parents are paying four time over. Once for state schools they do not use, then tax and NI on earnings for the fees, then the fees then VAT on the fees.
B. It is a vile, evil and spiteful thing to do that will do educational and economic damage and
C. It will not even raise net tax after costs of extra state places
D. It will push more over seas
E. it is another disincentive to working hard.
F. It will close many good schools and destroy jobs and freedom of choice.
etc ed
June 25, 2026
Education Secretary Bridget Phillipson is simply a (left wing ideologue? ed)who wants all children to be indoctrinated by our largely ( left wing ? ed) teachers just as we see in all communist countries. The sensible ideology would be to encourage private education, if not make it a moral duty, for those that can afford it so as to leave more money available for children of poorer parents. The only way to overcome our largely communist educational establishment would be to privatise our schools and universities.
June 25, 2026
Council schools will no longer have a comparison with their attainment when the independent schools are destroyed. They will no longer have something to aim for. They will no longer have alternative ideas in education to examine.
June 26, 2026
Indeed and they can be have a better monopoly for lefty indoctrination of young minds.
June 25, 2026
I suppose there is a good argument that the more incompetent and less confidence the new chancellor inspirers from the bond markets the sooner the government will be forced to stop pissing money down the drain and start to do some sensible things for a change.
A bad Chancellor might therefore be rather better than a good one. But any Labour MP would obviously be a bad one.
June 25, 2026
LL,
A welcome return of your ‘drains’ metaphor.
June 25, 2026
Trump is not impressed by Burnham or ‘Manchesterism’.
‘I hear he is the mayor of some town’. (It might as well be Dodge City.) ‘ I hear he is extremely liberal’.
Trump did then give very sound advice to open up the North Sea. You know Labour will not do that though.
June 25, 2026
Some years ago we had people screaming because Obama had said the UK would be at the bottom of the queue for a trade deal with the US if it voted Leave.
Now it seems we have people specially in here who think that everything the PotUS says is not only of interest but to be acted upon.
Oh the patriots …
June 26, 2026
We should really thank former President Obama for that comment hefner because the backlash certainly added votes to the Leave side.
As for President Trump, he soon realised how poor Starmer was and he has correctly decided Burnhsm is no different.
His views on our out of control borders and the negative effects of our Net Zero policies are absolutely correct.
June 25, 2026
What a about the MP for Earley & Woodley she has a background in economics?
June 25, 2026
Hmmm. Could be the intelligent choice, but maybe not the political one.
June 25, 2026
Well she seems to have similar qualifications to Reeves PPE Oxon then MA at the LSE. So many people with economics degrees do seem to be educated into stupidity I find. Indeed so many people in general. But she sounds rather better than Reeves.
But given the make up of Labour MPs no one will be allowed to do what actually needs to be done anyway.
Streeting read history at Camb. I tend to think he will get it.
June 25, 2026
She had similar degree to Reeves PPE then LSE hopefully more sensible that Reeves but then Reeves had not chance was was never allowed to do the right thing and the new one will not be either.
Burnham says he will stick with the Labour Manifesto – so will he undo Starmer’s NI, IHT vandalism and all the taxes on hard working people then, smash the gangs, abandon Chagos, cut energy prices, build houses, improve the NHS… in short will he reverse all the mad vandalism that Starmer and Reeves did.
June 25, 2026
LL,
Too much ‘PPE’ talk at the expense of ‘doom loop’, with or without a hyphen.
June 25, 2026
But the MP for E&W was only elected in 2024.
Sir John entered Parliament in 1987 after working closely with PM Thatcher as her Director of the Policy unit. And even so during his 37 years in the HoC he never went higher than SoS for Wales plus a couple of Shadows. So it seems even a long experience and years of blogging did not prove enough to get him the chancellorship at any time in this long HoC career.
June 25, 2026
One clear unwritten rule in politics is: ‘You can’t say that’. Any radical statement which is outside ‘Uniparty’ views leads to people being ostracised or at the moment wrongly called ‘far right’. It seems to explain why many people with interesting and radical views nevertheless only reach the lower levels.
From various diaries and memoirs, one of the worst censors over the years has been the BBC. The role it has played seems to have been a lot wider than just a broadcaster funded by the licence fee. It will be interesting to see if it loses its defamation battle with Trump.
June 25, 2026
As a constituent – No thanks.
She is more concerned about Gazans than the people in this country
June 25, 2026
Whilst Pat McFadden is probably the least harmful of a very bad bunch, he lacks any form of commercial experience, i.e. he doesn’t understand that “money makes the world go round.” Does a cabinet minister have to be an MP? If not, many capable financial experts out there can add two and two together.
Reply A Cabinet Minister can be a peer or an MP. No ban on the Chancellor being in Lords but would require a trusted deputy in Commons and would be unusual given Lords do not have powers over tax/ budget. Conservatives did work OK with a Foreign Secretary in Lords and a deputy in Commons.
June 25, 2026
Then Burnham should obviously appoint Lord Redwood, Jon Moynihan (Baron Moynihan of Chelsea) or Lord Frost… but even then the mad Labour MPs would kill anything remotely sensible.
June 25, 2026
reply to reply….so YOU could still be asked by Kemi or whoever to be Chancellor?
We cling onto hope.
June 25, 2026
In 2009 Pat McFadden was minister for employment relations and postal affairs. He was woefully ineffective in both. Specifically he did nothing about the flouting of employment regulations and law around Nortel redundancies nor the corrupt behaviour in the Horizon scandal.
Yet another who enjoys the trappings of authority but shirks responsibility.
June 25, 2026
Good morning.
Gets my vote. The sooner this lot is turfed out of office never to be seen again the better. Plus it will not mean a snap GE if the economy is tanking. The new PM will have a very short Honeymoon period.
As for Rachel from Accounts ? One hopes, like her former boss, we will see an end to an ignominious end to her career, not just as Chancer of the Exchequer, but as an MP as well.
June 25, 2026
Then Burnham should obviously appoint Lord Redwood, Jon Moynihan (Baron Moynihan of Chelsea)Her or Lord Frost… but even then the mad Labour MPs would kill anything remotely sensible.
June 25, 2026
Get Martín Lewis a MP and he would make a great Chancellor
June 25, 2026
Martin has skills, yet offers to choose the most efficient deal on electricity then shows you 13 options to select from.
June 25, 2026
Today we hear that the Chancellor has decided to break the main attraction for investing in ISAs – their tax free status. Reeves proposes to impose a 22% tax on the interest paid by providers to those who are waiting to re-invest the proceeds of the sale of an investment in their stocks and share ISA
We have one of the highest rates of personal tax in the world in the UK. They tax you when you earn it, they tax you when you spend it and they tax you when you save it. Reeves has ramped up tax rates on personal savings in every budget since she became Chancellor
Undoubtedly, this will be the end for tax-free ISA savings. Having established the principle that savers need to be taxed to pay for the boat people, the asylum seekers, those claiming sick benefits for anxiety etc, the next change will be to introduce capital gains tax on investment profits or, more likely, to abolish ISA’s completely
This is a retrograde step. The government should find ways to cut the welfare bill first. Taxing savers will just mean they will find ways to evade this tax, probably by shifting their capital offshore. Who wants to invest in the FTSE 100, the worst performing stock market in the world?
June 25, 2026
Brown abolished indexation for CGT, saying was too complicated but reduced the rate to compensate. It was very easy to calculate by subtracting the value of the £ at purchase and sale dates. HMRC gave tables. But then various chancellors increased the rates and now Burnham’s tax grabbing backers are proposing it goes back to 40 or 45% on any large investment. A BTL house bought 34 years ago sold next year would face possibly 40% on a gain worth almost a third of it’s value in today’s money compared to when it was bought.And all the costs of improving it would not be allowed, as these were claimed on income. Effectively, they are swiping almost all of long term investment
June 25, 2026
‘Too complicated’. That’s a laugh.
The UK tax code comprises 10 million words which even specialists fail to understand adequately.
On balance each year, a citizen either pays tax to the government or receives benefit. The idiotic merry-go-round of chasing fragments through a system of needlessly complicated processes contributes only to muddle and waste. The current Chancellor is full of that.
June 25, 2026
Every improvement, every insurance payment on the house, paid VAT.
June 25, 2026
“Who wants to invest in the FTSE 100?”
Well actually I do SG and I’m quite happy with my returns too. I’ve generally always been a ‘Value’ investor but do hold some Growth stocks. There has certainly been money made in Tech over the years and I’ve held parts of the NASDAQ and done very well. However, there are huge gambles being taken currently and personally, I’m happier with simple meat and potatoe equities to tick along with – ones with sensible PEs and predictable dividends suit me very well.
June 25, 2026
The 22 percent tax should only apply to the cash in a Stocks & Shares ISA. It does not seem to apply to Cash ISAs.
If this is the case I have a question to SG: why would he want to keep large amounts of cash in a S&S ISAs? To me that seems to defeat its purpose.
June 25, 2026
SG :
Net Zero has to be funded somehow to save the planet! And anyway socialism depends upon making and keeping people poor so expect the next step to be increasing wealth taxes.
June 25, 2026
“who should be chancellor”
With labour still in power. I suggest Coco the Clown….
June 25, 2026
Are you suggesting it will be a circus with Barnum in charge?
June 25, 2026
jocularity!
Mind you he could team up with Bailey at the BoE and you’d have a full set.
June 25, 2026
Graham Stringer would be the best choice for Chancellor because he’s been right about everything. He’s the same age as Lord John but would last until the next election. But of course, by being right and against Net Zero and other Labour madness, he’s out of the question.
June 25, 2026
Hear, hear. Sadly, Graham Stringer is probably too old, experienced and wise for his party. He has a science degree and no doubt realises, as I do, that some ‘science’ has become badly corrupted by being too close to business and politics.
I could probably raise £25-30 billion per year painlessly if given the chance. Plus another £25-30 bn with very little effort or pain.
Dr. Malcolm Kendrick, ex-NHS GP, has written widely on how badly NHS productivity has declined. He was at the ‘coal face’ until recently and must have seen all the horrific waste of money ‘close up and personal’.
25 years ago someone I knew quite well who was close to an elected council member asked me to look at the council’s proposed forthcoming budget. It was full of what seemed appalling waste. I pointed out the scope for major economies without services to residents suffering. My suggestions never went any further. Do I assume some of the members benefited from the continuing waste? I fear so.
June 25, 2026
Council planning officers ordered residents to remove air-con units over fears they produce too much carbon dioxide, stating they should only be used as a “last resort”.
The net zero clampdown is part of building regulations that state “active cooling” should only ever be allowed when all other means of “passive cooling”, such as opening windows or using fans, have been exhausted.
So Mad Miliband want to coerce people to use heat pumps to (expensively) heat their properties but want to ban them from using heat pumps to cool them?
Allister Heath
Starmer has a parting gift: a sinister plot to ‘re-educate’ the British public
New proposals to prioritise ‘trusted’ news outlets like the BBC online will be chilling for free expression Their solution: nudge people into watching the BBC, Channel 4 and other “public service broadcasters”, presumably to be told which “facts” are valid and which conclusions to draw.
For the last couple of days the BBC has spent most of the time going on endlessly about Red Weather Warning propaganda.
Another lovely day it seems today, I might go for a dip in the sea later.
June 25, 2026
Enjoy your dip. I will be enjoying the nice weather by playing golf later today, suitably hydrated. I won’t be staying in all day worrying about dying if I step outdoors
June 25, 2026
@Philip Haynes – it not even April 1st. What’s the difference between an air source heat pump and air conditioning. I guess they don know, don’t understand what comes out of their mouths. They are 100% the same thing. Same mechanisms, same engineering, same components. Just one is outside the building trying to ‘cool’ the World, they other is inside regulating temperature in a confined space. The same as the setup in probably 90% of all vehicles sold in the UK including BEV’s.
The big play ‘carbon dioxide’ is identical all both instances, as sealed systems they cannot emit anything and certainly not the carbon dioxide mentioned. Another lie from a bankrupt Parliament
Thank you Starmer ever one now wants in on the process you started of lying.
June 25, 2026
John Kerry on the BBC just now with his usual climate alarmist drivel. He thinks CO2 the gas of life, plant, crop and tree food is “pollution” zero balance from the BBC as usual.
June 25, 2026
you might make new friends arriving in dinghies.
June 25, 2026
If they are against heat pumps (for air/con) in buildings (but it is fine for heating) why are do they allow millions of cars to be sold with it. After all the energy in cars is far less efficient than the mains grid. The only really reason you need it in a car in the UK is the endless jams caused by insufficient road space and deliberately constricted and blocked roads. My first car with air con was only bought in about 2000. So I was fine for 24 years of driving without it, Perhaps they just expect you to sit in air con car when hot. Though my cellar is always pleasantly cool.
June 25, 2026
New SW rail Arterio trains have air conditioning and are very pleasant in hot weather.
However, SW rail seem to operate on a skivers’ charter. Heat is classified as ‘extreme’ and trains get cancelled.
I queried cancellations after the new timetable and SW rail replied it was because of ‘Events’. I eventually got them to admit the events were Ascot and the rugby – neither of which are on my line.
Nonetheless, when they are running it is often more pleasant to travel in and then out again rather than across, as the roads around Kingston are all blighted with long term roadworks.
Though at least with a train or bus the traveller does not have the stress of driving the vehicle or finding a parking place in a crowded city.
June 25, 2026
Electric London bus bursts into flames during heatwave
https://notalotofpeopleknowthat.wordpress.com/2026/06/25/electric-london-bus-bursts-into-flames-during-heatwave/#more-91996
UK solar power only at 34% today in a heat-wave, as solar panels don’t work well in heat over 25deg, who knew
https://notalotofpeopleknowthat.wordpress.com/2026/06/25/electric-london-bus-bursts-into-flames-during-heatwave/#more-91996
June 25, 2026
@Philip Haynes – the Teachers Union is calling for air conditioning to be installed in all schools as a priority. I would guess mad Ed will tell them to get lost
June 25, 2026
Does it matter? And that is not a comment on the paucity of candidates for the role of Chancellor, it is a genuine question based on the influence of Treasury civil servants and OBR apparatchiks.
Does the Chancellor genuinely set policy or do they just choose a range of measures suggested by senior Treasury civil servants which they can get past the OBR within their “rules”.
Foreign aid continues whichever party is in power. Defence is decimated, welfare continues unabated and tax tax needs to increase as a percentage. Policy and party choices seem to matter for little, the treasury decides we need more money to pay for government.
I hope that whoever is appointed embraces the Laffer curve as an approach. I have taken redundancy from tomorrow and am now looking for a less time consuming role at a lower salary as earning over £100K is not worth the bother.
We have too few contributors and they are overly plucked. I lost £25K child benefit over the years thanks to Osborn because I was “rich”, a single earner being paid over £60K in London is not rich and a universal credit claimant in London with three kids gets the equivalent of that so definitely not rich.
June 25, 2026
@Narrow Shoulders – so very true, it doesn’t matter. Until Government and Parliament get a grip and manage the Civil Service they will continue to be lead around by Socialist Zealots with a different agenda to that of moving the UK forward. The Civil Service should be there to advise Government/Parliament, the pluses & minuses and not run the County. Because of the EU Doctrine that has the unelected, unaccountable, bureaucrats as the law and rule makers – the UK Parliament has forgotten its purpose
June 25, 2026
I can’t wait to see the end if Rachel Reeves. Her unashamed glee when she abolished the WFA, and also when she announced changes to the amount folks could save in an ISA.
She is spiteful, and deserves to lose her job, and not get another one.
I am 87, and being taxed to the hilt, as are many others, while she brags and boasts about ‘taking families out of poverty’ . She uses us as a cash cow for her big ideas, and I have had enough of it. I think whoever is chosen to be Chancellor, they can’t be any worse than her.
June 25, 2026
I wouldn’t be so sure….. 🙂
June 25, 2026
watch this space…
June 25, 2026
Pat McFadden seems the most likely choice and is the bookies’ favourite. Torsten Bell is another possibility. Anyone other than dreadful Rachel Reeves, except Milband, would probably be an improvement in some way.
June 25, 2026
@Bloke – Torsten Bell, read his writings, his speeches and work at the Resolution Foundation and you will realise he is an anti UK Marxists. Everyone works for the State, and they should get pocket money as a gift from their rulers. An economist that has never worked and has relied on the Taxpayer for his well to do life style
June 26, 2026
Thanks for the warning Ian B. I’m not a supporter of his crazy ideas, but just referred to him as a possibility of choice among the other bozos nominated.
June 25, 2026
Torsten Bell ? – “Oh My God” (as my 3 year old Grandaughter has learned to exclaim)
June 25, 2026
Lord Redwood.
In reality, it doesn’t matter who is the chancellor, the Labour backbenchers away with the fairies won’t let him or her do what is needed.
June 25, 2026
Certainly nobody in the cabinet has the skills, stamina and political will power to drive the economy into a better state.
Wouldn’t it be nice if it were possible to borrow talent, as they do in football. There’s a host of talented people on the opposition benches, Tories and Reform who could stimulate the economy and repair some of the damage done by Reeves. Pure fantasy perhaps, but what about asking our host to do the job, he is well qualified for it.
So, considering the amount of damage that a labour chancellor would continue to do, perhaps the new PM should avoid appointing a new chancellor for a while – thing couldn’t be worse surely?
June 25, 2026
‘Wouldn’t it be nice if it were possible to borrow talent, as they do in football.’
With our luck the UK would end up with someone as clumsy as Scottish full back McKenna last night.
June 25, 2026
No one associated with Liebour
June 25, 2026
For the last decent (indeed great) Chancellors, head back to the 80s/90s. Howe did what was necessary, Lawson what was right, and Clarke what was responsible. Without exception, every single one of their successors has been dire, some more than others. There is no sign of anyone within the ranks of Hard Labour in the Commons who would have the courage to step into No 11 and do what was necessary, right and responsible, and no hope of The Usurper of the North appointing any such individual in any event.
June 25, 2026
The lies keep coming – someone needs to get a grip!
From the DT
“Council planning officers ordered residents to remove air-con units over fears they produce too much carbon dioxide, stating they should only be used as a “last resort”. – The net zero clampdown is part of building regulations”
“Council planning officers ordered residents to remove air-con units over fears they produce too much carbon dioxide,”
Air-con is a sealed system, most cars have it. It uses electricity so at best and at a stretch it is the source of the electricity that is the question. So the phrase air-con emits carbon dioxide is a lie. TTK started something with his constants lies now every one wants to lie to have their ‘look-at-me-moment’
The contradiction ‘Building Regs’ would love to see all homes to ‘EPC A’ standard or passive house. Opening windows fight that objective and cause a fail. Heat recovery ventilation is needed to achieve the standards, ie it is what air-con does, it both cools and heats, it save energy over a year not increasing it as the hard left NetZero nutters infer.
June 25, 2026
Who ever is chosen needs to understand a bit about Human Nature, as people are not predictable robots just to be used at will as funders for State spending.
Kill the desire to make your life better or more financially secure for yourself and your family, and you kill off the economy.
Already we have a growing generation who have decided not to bother to work.
June 25, 2026
It matters not who is Chancellor if spending cuts can’t be forced past Labour MPs. Only the PM can do that, if necessary by threatening a dissolution. Starmer bottled. Will Burnham?
He is under pressure to call an election to give himself a mandate but it’s a gun he can only fire once. He would do better to save it for the battle with the backbenchers.
June 25, 2026
Great article – thank you
June 25, 2026
Does it really matter who the chancellor is, because we are all doomed? When Burnham gets in, it will be like the 1970s all over again. He will be much worse than Starmer. He’s already said he will be going after the rich and middle classes to pay more taxes to support the feckless and migrants. He’s giving the Boris wave LTR with access to benefits. As he’s a member of the WEF, we know who will be running the country. What were the people of Makerfield thinking? Expect a garden tax, a bedroom tax and CGT set at your income tax rate, all for starters. As a pensioner, I’m already struggling to save up to pay my twice-yearly income tax bill. As a landlady, I will be taxed at 42% on my rental income from next year, yet I don’t even get paid for the months of work I do fixing the mess tenants leave behind. I do wonder what the point of trying to better myself is?
June 25, 2026
Is Rachel Reeves really the problem? Or is/was it her Boss, and the Cabinet that approved the plans. Or even is it a fault-line in Parliament, those we empower and pay to hold the Government to account, after all they have the power to block any direction that a Chancellor takes. The rumour mill suggest it has been Torsten Bell her aid, that has been framing the governments direction and writing the Chancellors speeches.
So in reality without a General Election it doesn’t matter one iota as nothing changes
June 25, 2026
Pat McFadden has sadly no business experience and is likely to be at odds woth Burnham, simple answer is an GE now but careful what we wish for!
June 25, 2026
No party polling so badly would be daft enough to call a general election. It is a useful taunt for opponents but it is not going to happen.
June 25, 2026
Doesn’t matter who is chancellor, as the met-office has declared that everyone is going to die, in this fossil fuel generated climate change , induced heat-wave …..isn’t it about time the news media and the met-office, were force to declare the individual weather station number and UN category when reporting temperatures
June 25, 2026
BBC just report another hottest day ….at Merryfield weather station Somerset, located at the historic Royal Navy Air Station ie an airfield
June 25, 2026
A change of Chancellor will not make any difference unless it is accompanied by massive policy U-turns to end mass legal and illegal immigration and Net Zero, which will require the complete repeal of all our (EC)HR and Net Zero by 2050 legislations to end rule by activists and judges. The Government and the Civil Service know that we are in a financial doom spiral and intend for this to continue as socialism depends upon making and keeping people poor. Referendums are our only way to exit this downward spiral, as we saw with EU membership.
June 25, 2026
Rachel Reeves instead of doing nothing and going quietly, now wants to tax the interest paid on cash ISAs. What a disgrace she has been to her office. The damage she has done is unbelievable, whether out of conviction, stupidity or ignorance.
Milliband would be even worse. As to other contenders, I don’t know them well enough, but suggest anyone who studied PPE at Oxford or Cambridge is ruled out. They seem to know nothing of economics from their PPE studies.
Wouldn’t it be nice if we got a Chancellor who cut Government spending, took debt seriously and avoided it, and actually reduced taxes? Oh, well, I can dream!
June 25, 2026
Why would Burnham appoint a Chancellor who wants to cut benefits spending ? That is the last thing he wants. What he wants is a Chancellor with lots of ideas to increase taxes – Torsten Bell would be a goo choice on that basis.
June 25, 2026
forget the rhubarb.Who gives a toss about what school what college what university.
Quite simply does anyone think that the likely candidates hovering around Burnham will
put this country back on the road to recovery?Sorry but for anyone who does a session
with a psychiatrist is advised
June 25, 2026
A document thought to be a basis for action by the next PM:
mainstreamLabour.org 21/06/2026 ‘The Productive State: A framework for Manchesterism’, 69pp.
Interesting I would think whether you like or not the next PM.
June 25, 2026
My answer is always the same to this question: The Chancellor should be Lord Redwood.
June 25, 2026
221 ‘illegal immigrants’ invaded the UK yesterday 24th June 2026
June 25, 2026
Britain paying 17 times more to import energy from Europe during heatwave
https://www.telegraph.co.uk/business/2026/06/25/britain-paying-1500pc-import-energy-from-europe-heatwave/
Working with ‘partners’? to keep us ‘SAFE’ has a massive cost!
June 26, 2026
Renewables are costly and don’t deliver when needed
June 25, 2026
I agree Pat McFadden is the wisest and most responsible of the candidates.