Author Archives: johnredwood

The Bank of England has taken a lot of action to tighten money and credit since early last year. As this gets little attention I thought it might be helpful to remind people what it has done:   Increased rates from 0.25% to 0.5% Cancelled the Term Funding Scheme which allowed banks to borrow at […]

There has been a long running argument within government over health spending and how to pay for future increases. That is why I wrote about efficiency and quality last week, and set out the case against a hypothecated health tax sometime ago on this site. I am pleased to report that the idea for a […]

Sone of you have written in suggesting I post less on this site in order to have more time to moderate. Some of you have written in with your own views on what this site is or should be . Maybe it would help you if I told you what I think this site is. […]

The recent refusal of the new Italian government to accept a boat carrying many migrants has thrown into sharp contrast varying attitudes on the continent to this vexed issue. Mrs Merkel who used to speak for Germany and the EU still thinks the EU should welcome in all who want to come. The newly constrained […]

There is still plenty of work to do to raise efficiency and quality in various public services. Some in the public sector seem to think efficiency means cuts, and cuts means lower quality. That is not the way to do it. Doing things efficiently should mean doing them better. If you get something right first […]

The Prime Minister tells us the government is committed to Brexit and wishes to deliver the benefits it can bring. That is good news. I look forward to early news from the government on the following. First, I want to know how all the money saved is going to be spent, and a sense of […]

I have been extremely busy for the last two days with a lot of activity in the Commons and many votes to attend to. I am currently unable to handle the volume of postings from some people, and the length of many postings. Where people have posted many and long postings I am deleting some […]