The first is well known to readers here. Cut the bond losses. More about that tomorrow.That will help get the longer term interest rate down. Government debt interest has soared to over £100 bn a year, making it a major burden on the budget and taxpayers. The current government is borrowing all of the money needed to pay the interest on past debts.
The debt interest will reduce if the government and Bank get inflation back down. The UK has issued too much index linked debt, which led to large extra costs in recent years with high inflation.It will help if the government and Bank get longer term rates down. At the moment every pound of debt that needs refinancing when the old debt is repaid means paying a much higher rate of interest on it.
The surge in benefit payments under this government needs tackling. Welfare is the second big task. Unemployment has gone up, and many more grants of benefits for long term sickness have been made. Where this is to young people or people with milder mental health issues, the government needs to help these people into work.
It will require more incentives through lower taxes to boost jobs and investment. It requires the end of the bans on oil, gas and petrol cars and rebuilding UK manufacturing. It also needs welfare reform as set out by the Centre for Social justice. Iain Duncan Smith ‘s Universal Credit introduction greatly boosted employment and cut welfare bills the right way . CSJ has set out how get more into work, particularly young people. Work is a good therapy for people, suffering from mild depression and similar mental health conditions.
The third is to boost public sector productivity. We pay £40 bn more than in 2019 to deliver the same services, before adding in the extra costs of inflation. Government does know how to run these services better, as it did so six years ago.I am setting out a tool kit for Ministers and senior officials to manage for higher quality and productivity. It includes a public sector external recruitment freeze ( exempting teachers, medics and uniformed personnel), quality management systems, use of pay and bonuses to reward productivity success, and removing needless and wasteful functions.
September 11, 2025
Removing needless, wasteful (and actively harmful’ functions and all the staff who do these. So many of these to choose from:- Net Zero, the new workers rights lunacy, the housing bill, the insane attacks on private schools with VAT, the attacks on Non Doms, the damage done by Covid Lockdowns, Covid “vaccines” still being pushed, the incentives to augment illegal and legal low skilled migrants, the benefits incentive to people not to work and live off others, the road blocking agenda…
September 11, 2025
Lord Mandelson described Trump as “little short of a white nationalist and racist, “reckless and a danger to the world” and “a bully” – clearly he showed superb diplomacy!
Remind me why did Starmer appoint this (now three times fired/resigned in disgrace) man? Why too is he a Lord?
September 11, 2025
@Lifelogic – to nurture hypocrisy and the two tier world in action.
September 11, 2025
Almost as daft as appointing the innumerate John Major as Chancellor and letting him take us into the ERM!
September 11, 2025
Farage also said Trump was ‘dangerous’ when he became the Rep candidate for his first term.
September 11, 2025
Good morning.
Even out of office our kind host fights the good fight.
Alas, as before, his advice will be ignored. Question is, why ?
To answer my own question, I believe we are heading for a Cyprus / Greece situation. That is why I believe the smart money and those who are able have, and are moving out.
I know our kind host does not like financial advice given here. But those who refuse to learn from the lessons of others are doomed to repeat them so, it is well worth looking into what happened to both Greece and especailly Cyprus and make plans accordingly.
September 11, 2025
Mark B. Correct. I have recently bought some physical bullion and sovereigns. Unfortunately most of my cash is locked until next year so I will have to hope.
Reeves has no clue how to finance the deficit and I honestly think she doesn’t care. The left are content with appropriating everything for the state and this is where we’re heading. Cyprus is a goid analogy.
September 11, 2025
@Ian wragg – she and the Collective Responsibility Team do know to create a deficit.
September 11, 2025
Yes, ‘money moving out’ of Gilts needs to be considered when complaining about UK cost of government debt management. Foreigners own 25-30% of UK government debt, see this: https://www.economicshelp.org/blog/2215/readers-questions/uk-debt-held-by-oversees-investors/
If we, who run a budget AND trade deficit, try to reduce our debt costs (interest payments), why will foreigners continue to buy Gilts instead of the debt of better run economies? Even Japan, which has a trade surplus but much higher national debt, pays less on its debt than us. Fix the trade and budget deficits!
September 11, 2025
Just a glimpse of the economics of net stupid. Today we have too much wind so some turbines are being paid to switch off. There’s excess power in the system which we are exporting at the princely sum of £12,50 mwh.
Remember when we import which is most of the time we buy at in excess of £100 per mwh.
Can anyone see the problem here.
September 11, 2025
Having been the leader of the first Industrial Revolution, the UK still has a great asset which I suspect Westminster is largely unaware of and Greece and Turkey don’t have to the same degree, namely the ability to develop step change innovation which can solve global problems – these projects take decades to commercialise – the engineers/scientists are driven by solving the problem and pretty much ignore five year cycles at Westminster. Alongside Sir John’s suggestions, the UK could benefit hugely by removing the Westminster imposed frictions experienced by these projects which benefit nobody.
September 11, 2025
It has been claimed that the USA is going to try to put it’s 37Trillion of debt into krypto, then devalue, forcing those invested in Krypto to ‘pay it’s debt’. I am amazed that someone as clued up as Trump supports krypto, so this is an explanation for that inexplicable act.
I have no idea if this is true, however I am instinctively terrified of krypto, so before you ditch the £ by investing in krypto, have a good think.
September 11, 2025
Why indeed is JR’s consistently wise advice over many years largely ignored? Greece now have lower bond interest rates than the UKs as we pay a moron premium for Two Tier, Reeves and all her anti growth lunacies!
So will Labour raid bank deposits by say 30% or and will my overdrafts go down 30% too? Or will they just confiscate you saving with CGT, stamp duty, IHT, pension raids… and other damaging absurdities. Ambrose Evans-Pritchard has it largely right (though he foolishly fails to call for the ditching of Net Zero he is as usual rather deluded on this topic)
The world’s money men have lost patience with Labour
Another round of Rachel Reeves’s quick-fix taxes will not win the confidence of investors.
September 11, 2025
@Lifelogic – Those in our Parliament refer to the situation were someone actually has something as their ‘windfall’
September 12, 2025
Indeed weasel words!
September 11, 2025
Because he is a Thatcherite Monetarist and we all know that is actually evil!
September 11, 2025
What reasons does the BoE give for not following you sensible advice? Who is benefitting from their expensive policy?
September 11, 2025
The Bank claims the sales (and losses) are necessary for normalizing monetary policy and returning the balance sheet to a sustainable level, allowing the Bank Rate to remain the primary tool for managing inflation. No other central banks act as if they share that view of course.
Between 2009 and 2022 the Bank calculates QE yielded £124 billion of net cash flows to the Treasury, now offset by losses to mid-2024 of £74 billion: it views these flows just as part of the risk transfer mechanism in QE/QT. According to Deputy Governor Ramsden, losses come with QT and QT is “itself a necessary part of returning monetary policy to a more normal setting”. So there you are, justified by a flight back to what the Bank is used to after its wild experiment with QE and damn the taxpayer.
September 11, 2025
+1
September 11, 2025
I’ve asked this more than once over the past two years, but not had an answer from Sir John!
September 11, 2025
LL It was reported that the major UK banks are benefitting from QT and hence the Labour calls for windfall taxes on them.
September 11, 2025
@Lifelogic – why do the get ‘Big’ bonuses for missing targets?
September 11, 2025
Big bonuses for being the World’s worst bond dealers & making the largest loses for UK tax payers!
September 11, 2025
Allister Heath yesterday:-
Starmer has declared war on Western values
Israel is the one country that can never do right in the eyes of the Left. This impulse is now risking the security of the free world.
September 11, 2025
LL,
Few fall for that type of article nowadays even if when it is written by someone other than Zoe Strimpel.
September 11, 2025
Perhaps that’s why the west is hanging in by the skin of it’s teeth?
September 11, 2025
MAGA people like Steve Bannon and Marjorie Taylor Greene do not share your view.
Bannon :-
“America First means no more lies about Iran, and no more dragging the United States into the Gaza war,” addressing Israeli Prime Minister Benjamin Netanyahu by saying: “We have moved past the lies.. end what you started.’
MTG :-
Greene doubled down on her stance Thursday.
“None of this is antisemitic and I, along with millions of Americans, refuse that manipulative label,” Greene wrote.
“It’s the consequences of decades of America LAST policies, nonstop foreign intervention, and the American people clearly seeing the truth and suffering,” she added.
Senator Massie of Kentucky was just about the only politician not controlled by the Israel lobby. Other big figures in MAGA are now getting the message and will not blindly follow Trump on the issue.
September 11, 2025
Ban on is a Neo-Con.
September 11, 2025
+1
September 11, 2025
With the vote to surrender the Chagos Islands, Starmer and the whole HoC have declared war on their own country.
September 11, 2025
Seems so, same with Net Zero, IHT increases, the vast increases in red tape and taxes. Good for lawyers, tax accountants and overseas removal men!
September 11, 2025
Direct employment in the Public Sector is now 6.1 Million (ONS) it needs to be reduces by at least one million. The number of agencies not classed as Public Sector but contracted to state departments 100% such as Serco also need to be reduced. Add to these direct state expenditures the 20% gifted to charities each year via donors tax contribution amounting to over £10billion/year. That could be immediately removed saving the exchequer that £10 billion along with a cull on the number of organisations trading as charities.
The savings to be made by getting to grips with migrants illegal and otherwise is not readily made available to scrutinise but would again be in the £ tens of millions.
We won’t talk about HS2, or contract for difference in the renewable energy industry or curtailment costs. Well maybe mention curtailment costs are projected to be over £30 billion by 2030 due to wind farms allowed to be built, where no demand exists and no infrastructure exists to carry the electricity to where demand actually is.
September 11, 2025
I understand that Charities are now refusing donations. Their warehouses are full and they can’t shift the goods.
Time the Charity scam bubble was burst. Their stated objective should be monitored and met to renew their Charitable status.
September 11, 2025
The government has suffered set-back in all three of your ways, with the Chancellor opting to endorse the bond sell offs, attempting ill-chosen welfare cuts only to retreat wounded, and permitting public sector pay awards with no link to productivity improvements. Perhaps in due course IMF enforcers will do what is needed?
September 11, 2025
The left-wing goons in the Treasury and the Marxists just appointed by Two-Tier to “help” Rachel from Complaints prepare the next Budget aren’t interested in cutting spending.
They are driving the British economy over a cliff and in my opinion, they are doing it deliberately to achieve the Globalists’ objective which is to get us back in the EU. That string will be very firmly attached to an IMF bailout and Two-Tier, on behalf of the treacherous British Establishment – which never wanted to leave and did everything it could to prevent it – will claim “we haven’t betrayed you; we wanted to respect the result of the Referendum, but we have no choice.”
September 11, 2025
Donna, It is difficult to draw any other conclusion than yours, when we look at the direction of travel and policy Starmer and his band of economic wreckers have put in place.
The establishment’s fixation with the EU may come to a conclusion sooner than they imagine if the events within the EU and the Eurozone in particular, continue the path of social decline they favour.
The EU has all the ingredients of an economic crash too.
September 11, 2025
The EU is done. The enemy is much bigger, stronger and more dangerous than that failed outfit – and it’s not the British establishment, they are just the useful idiots.
September 11, 2025
The fact that the BOE announced some time ago that it was entering the Repo Market is disconcerting to put it mildly. A great financial institution is effectively bankrupt and is hiding that fact by daily funding.
Think Northern Rock, as well as funding itself on a daily basis it was also offering 125% mortgages. That is the sort of thing Reeves is doing, she is bankrupt but behaves as if she were a millionaire.
I would love to know what JR thinks.
Reply The Bank is not bankrupt because it has a hugely valuable Treasury guarantee to pay all losses. It does have huge latent losses worth many times its modest capital.
September 11, 2025
Is it the U.K. Government that is bankrupt then?
September 11, 2025
Bit we do have a choice
Voting Reform will give us the best chance to retain our freedom.
September 11, 2025
So no chance.
September 11, 2025
At least the Chancellor has recognised a need to reduce spending, even if the Labour Party refuse to countenance it. If she is removed from office to be replaced by someone more amenable to tax and borrow, that would be a really stupid thing for the PM to do – so consider it highly likely.
She may just resign in honour when she realises she won’t be allowed to do what is necessary.
September 11, 2025
@Donna +1
September 11, 2025
End ‘net zero’ Stop all immigration (not just illegal) Give us a General election so we can get rid of the incompetent rabble led by Two-tier.
Job done.
September 11, 2025
Yes Yes Yes …..we don’t just need a reform we need a reset
September 11, 2025
I doubt many would argue in light of the fantasy ball-wrecking net-zero, the >million annual invaders( oops I mean immigrants) and the shambles of a Government pulling the slot machine handle hoping for 3 fruits that are not 3 lemons!
September 11, 2025
Just on the Gilt sales, I was watching a replay of the 3rd Sep Treasury Select Committee and it appears the Governor is justifying it on the basis if those bonds were held to maturity the British taxpayer would pay the same total cost but it would be in the coupons and principal repayment (at the end of the term) instead of the capital losses now. Although mathematically true, there are two huge problems with that assertion.
First is opportunity cost. The losses are far greater than the coupon interest in the short term and it would be far better for the country to have all that surplus cash now so we can cut taxes and grow (for example) instead of paying off the losses on the BoE Gilt sales. A bird in the hand is worth two in the bush!
The second is the Governor does not know what bond prices will do over the next few years. Maybe we head to / enter recesssion in 2 years time and those Gilt prices soar. The returns could be enormous especially in the long-dated Gilts. The Governor and more importantly the British taxpayer will hugely regret selling them prematurely and missing out on the offsetting capital appreciation. If there is a typical end-of-cycle recession in 2 or 3 years time those Gilts may even trade above par. Such a situation would be very reminiscent of Gordon Brown selling the nations gold reserves at the wrong time. I too disagree with the BoE Gilt sales. It is a daft thing to do.
Like the Fed and ECB, they should stop the Gilt sales, let them mature and thus run off the BoE’s balance sheet.
September 11, 2025
Sir John
As you say most people here are aware of things, I would guess just as most people in the Country are.
The expectation is that those in the centre ground, the workers, the employed, that budget each week if not each day to balance out and make their spending match their income, they can handle more pain, because Government and Parliament refuse their job. They refuse to manage expenditure to match earnings.
Those, the soft targets, that are taking all the pain are running so fast to survive that the don’t have the time to join the ‘talking heads’, protest, that don’t have the luxury of being able to pontificate while being protected. But the are the mainstream hard workers of the UK
As individuals the Law-abiding centre ground of UK attitude strive to look after their own and themselves, then they have to contend with a wayward Government and Parliament that doesn’t understand basic maths, doesn’t understand balancing the books.
The Government and Parliament rather than make the tough decisions, set their sights on attacking the soft touch of mainstream UK, from every direction. After-all those that try to look after themselves try to become resilient are of the ‘far-right’ and have no place in Socialist Britain
September 11, 2025
17 years ago I took a small pension with a private company as part of a job package.
A few years ago it had doubled in value. It asked to take a lump sum and argued with over the telephone advisors that I wanted a lump sum.This didn’t happen.2 years later the pension had devalued but I asked for the lump sum again.Hours on the telephone did not get me.my small pension.
I received a letter this year saying that if I did not tell them what I wanted to do with my money it would go to the government.
Last week I phoned again the.pension pot was nearly negligible as it had devalued so much and had the same telephone call demanding I sent ,6months bank statements to them.
Today I have got a form to fill in which States I have less in the plan than I put in and furthermore the high rate of tax cuts it down by a third again and will be regarded as earned income.
You want to know where the money goes!
Reply This sounds bad. You could seek some help, especially if you have evidence that past requests were not executed.If you do not want to pay an adviser to sort it out or think that would just increase your losses you could try the CAB or your MP who provide free advice.
September 11, 2025
Thnx John The final amount is only £755 ,from a past £2,600.The law says that lump sums can be taken out up to £10,000..I sent forms in as appropriate the past 2times and didn’t take copies.For this amount of money ,the stress and anger outweighs any further action.
September 11, 2025
Agreed, three very big savings Sir, John. But I think you need to include the massive long-term costs of open borders and Net Zero. All deliberate actions as socialism depends upon making and keeping people poor.
September 11, 2025
“Where this is to young people or people with milder mental health issues, the government needs to help these people into work.”
Please spare us the government trying to provide yet more ‘help’. We can be confident such help will be expensive, ineffective, and delay any reduction in the welfare bill. The government can’t even check that those required to look for work as a condition of their receiving benefit are in fact doing so.
Just withdraw the benefits to these groups.
September 11, 2025
Sir John, you state ‘Iain Duncan Smith ‘s Universal Credit introduction greatly boosted employment and cut welfare bills the right way.’
I am not contesting it, but wonder what statistics supported it? The theory of UC is good in that the list of how benefits were/ may be claimed was/is horrendous.
Reply Look at unemployment figures ONS. 2010 7.8% unemployed.June 2024 3.6%
September 11, 2025
reply to reply…do those numbers include the millions(?) of school age unemployed but in vocational training, interns etc? probably did in 2010, but perhaps not in 2024?
Reply Yes same definitions
September 11, 2025
reply to reply …Thank you. I wouldn’t often go to ONS, don’t trust them much.
September 11, 2025
You couldn’t make it up!
Eco tycoon urges Miliband to subsidise North Sea oil and gas, Dale Vince calls ministers to put fossil fuels ‘on an equal footing with renewables’ With subsidies and hand outs.
https://www.telegraph.co.uk/business/2025/09/11/dale-vince-urges-ed-miliband-to-subsidise-north-sea-oil-gas/
We have to ask why? More subsidies, is code for more taxes and higher costs. The out of control spiral of decline
Is he another rich tax subsidised junky? Is his business reliant on taxpayer bail-out to survive? Just remove all subsidies, let the market decide. The saving in administrative costs alone will fill a large hole in our debt interest charges.
To many feeding in the taxpayer trough junkies all get to worry about taxing more, its their life blood, not one of them ever questions spending. Money spent for a purpose, a tomorrow.
Reply His scheme I think is designed to cut revenues and profits when the gas price goes up, so it is a kind of 100% windfall tax, countered by subsidy when the gas price is low. He was talking of fixing the price so there would be an overall hit on gas profits.
September 11, 2025
@Reply – Sir John, are you sure? Just that? It looks more like a way of protecting his income stream that he gets from the Taxpayer, if others get hand-outs it make feel he is keeping good company
September 11, 2025
The oil and gas companies pay an extra tax to cover the decommissioning of spent fields. When they decommissioning the Govt gives them a tax credit – I think the Govt can’t afford giving this money for nothing so it’s a disincentive to decommission our North Sea energy.
I wonder if the wind farms pay the same tax? If not when the wind farm company declares bankruptcy before decommissioning in the sea, who pays? The King? He has had the revenues.
September 11, 2025
Does the King have access to £billions? I very much doubt it, but Rachel from Complaints does.
September 11, 2025
Labour showing some backbone for a change and the Graun living up to its reputation “Addressing the UQ, he says the PM has has the foriegn secretary to withdraw Mandelson as ambassador to the US”.
September 11, 2025
The driver of a Tube train has a trivial job and is overpaid for doing it. Why are tube trains not already automated?
September 11, 2025
+1.
September 11, 2025
Sir John, you need to speak to some wealthy conservative donors who will fund at least one of your daily articles to go in the national press, each week. Voters need to know what is going on, and the fact that there are easy ways to save £50 billion of government spending. With a larger readership, maybe a head of steam will build to actually force the Government to do some of these things.
There should be no tax rises in the next budget, and tax allowances should be unfrozen. At least half of the Civil Service needs to go; that is the only way you will increase productivity. Then, with a ruthless focus on cutting spending, the PM and Chancellor should be able to find £100 billion in savings.
But it will never happen with this Labour Government of incompetents.
Reply I have put these points in papers and on GB News and Talk tv.I do not have access to Conservative donors. This site is now recording over 200,000 views a day.
September 11, 2025
reply to reply… can you tell what the readership is around Westminster and Washington DC?
September 11, 2025
Off Topic.
Recent history of senior figures in this Labour Government:
The Shadow Chancellor of the Exchequer, Rachel Reeves was confirmed as Chancellor after Election.
Various dubious and inaccurate claims of her experience were made but she has survived.
The Secretary of State for Housing, Communities and Local Government, Angela Rayner did not survive allegations, since proven and has resigned.
Peter Mandelson resigned twice from Cabinet positions, but was made Lord Mandelson. Now as US Ambassador, he has been sacked.
What next for this House of Cards sitting on the front row in Westminster?
September 11, 2025
@Mickey Taking – and CEO, the one on top of his brief and the job?
I think RR’s claims of experience were on her CV(now amended) when she was put forward for the job. The BBC lead the charge so it must be true. But, she is the best they have got, the other’s appear much worse and more ideological, again all without in experience of anything that is real
September 11, 2025
the boss of this shower is ideally experienced to be Home Secretary. You know, claiming tough on legal immigration, welcoming on illegal arrivals, and ensuring we have various legal ways to prevent deportation.
September 11, 2025
I see that Dame Emily Thornberry has withdrawn herself from the Labour Deputy Leadership contest….possibly to continue her other pursuits as US Ambassador
September 11, 2025
Look for the video of Starmer and Lammy trying to walk from Downing St to Westminster. It’s extraordinary. Starmer looked terrified.
Compare that with the respect form all sides that MPs were accorded in their Constituencies as well as in the streets of London. No need to fear for their lives in the good old days before they attacked the nation.
One shouted accusation had Starmer reeling.
September 11, 2025
No sign of such a video.
Need to be more specific
September 11, 2025
Search ‘ Sir Keir Starmer MOBBED by protestors screaming ‘traitor’ outside parliament’
Sky and others reporting it now.
‘Traitor’ was the least of the accusations, relating to the ex-Ambassador and his pal in jail.
September 11, 2025
I’ve just seen that clip, not good
September 11, 2025
Not good enough to be an ambassador but deemed good enough to serve in the lords
September 11, 2025
@glen cullen – the place is full of those that cant get real jobs and need their friends to help them plunder the rest of us. The place shouldn’t exist, it has no right to be there if we are to call ourselves a Democracy, its an insult to the very thought of a Democracy.
Yes, insulting to serve the people with hypocrites he is not alone. But the other place is also a contradiction of itself, admitted tax evaders can act is if nothing is wrong. Then 649 MP’s get tarred with the same brush, what are they thinking. Or is it the believe it is one rule/law for everyone but them
September 11, 2025
Yesterday, having all the full facts, speaking in Parliament – Sir Keir Starmer said he has full confidence in Lord Mandelson after the British ambassador to the US admitted new revelations about his friendship with paedophile financier Jeffrey Epstein were “embarrassing”.
Then Today, who is sacrificed for the benefit of whom?
September 11, 2025
Thats what happens when you employ your mates
September 11, 2025
Do you mean that literally?
September 11, 2025
This is to tell you another similar story where I made sure everything was documented.
A building society where I have an ISA …march 9th 2025 I informed the building society that I wanted to roll over the amount at 4%This was duly documented and I asked the person’s name and position documenting my request.
A couple of months later I got an e mail telling me that I could be inventing at a higher interest rate.I was aware that zi had already requested the highest rate.
I went into a local branch and they advised me that it hadn’t been rolled over,but an assistant said he would rectify this as he could see the request.
Nothing happened so I went in again and the same request from myself was made.Nothing happened.
In junior I went in again and an assistant made a complaint in writing.
It is now September and has been reinvested at 3•6% .A complaints manager texted me and said I could have a discussion in October.
I phoned the society up and another complaints manager is looking into the difference between the march request and as July reinvestment.Apparently I am entitled to compensation.
Why is this sort of thing happening with our money?
September 11, 2025
RR’s replacement, Torsten Bell, Speaking at an event in London, the pensions minister hailed last year’s tax raids on the middle classes and wealth as “difficult … but fair choices”, he also invoked the Chancellor’s raids on the families and businesses in last year’s record tax-raising Budget, arguing that more money is needed to ‘fund public services’.
The ever expanding public services… Why?
How about an ever expanding economy, oh of course that is off the agenda while there are more taxes to be collected.
They know how to create debt but not on how to create the wealth to fund it…
September 11, 2025
I can’t imagine Badenoch, Theeves and 2TK are the slightest bit amused by the Telegraph reporting that Bailey has agreed to meet Richard Tice to discuss the way he is running the bank! Agreeing to the meeting is tantamount to Bailey admitting that Reform are now the only opposition that counts and are likely to form the next government.
Richard should take our host with him to the meeting with Bailey as an adviser.
Sir John’s opposition to the way Bailey has been running the bank since he took over makes Bailey look throughly incompetent (which he is).
Reply I will publish advice for both Richard Tice and Bailey tomorrow
September 11, 2025
Richard Tice is suggesting something similar as Reform policy isn’t he? Going to see the numpties at the Bank soon.
Reply Richard Tice is effectively proposing a large bank tax
September 11, 2025
188 criminals were illicitly shipped, into the UK yesterday on the 10th September from France…that’s only 188 so don’t worry, but I do wonder if any have been vetted by the French; I wonder how many are dangerous
September 12, 2025
All sensible stuff. Quite beyond Starmer’s Gang.
You write, “We pay £40 bn more than in 2019 to deliver the same services, before adding in the extra costs of inflation. ”
Does this sum include the services provided to low and unskilled immigrants and the services provided to illegal migrants? These should be separated out in departmental budgets. It might even be the case the productivity of services provided to native Brits has improved.