Author Archives: johnredwood

As forecast here the latest figures for GDP growth show that the combined fiscal and monetary squeeze administered by Mr Hammond and the Bank of England have had their predicted effect. The economy has not been growing for the last quarter and the overall annual growth rate has tumbled towards German and Italian levels. The […]

The government will legislate to introduce a points based system of migration control. The plan is to reduce numbers coming in to take low paid work, and to ensure anyone entering to work comes to a job that has been identified. The government has  not set out any numbers yet, but presumably the plan is […]

This week the outgoing Governor of the Bank of England gave a speech which was read as dovish and temporarily drove the pound down. He set out how despite low interest rates the Bank could if necessary ease money policy more. He did not encompass all of the ways in which the Bank could ease […]

There are two ways of reducing equality. There is the socialist way, which is to tax the rich until enough of them leave the country or make less money owing to disincentives, or simply have less money thanks to the tax. That will cut inequality by removing the richest, but may make everyone else poorer as […]

There is one simple rule for UK negotiators seeking a Free Trade Deal with the EU. We do not need to pay to trade. We do not need to accept restrictions and controls on our conduct in order to buy imports from the EU, any more than the USA or Canada or Japan do. A […]

I was amused to see a contributor saying that in order to post his response more quickly I should write less often for my own site. That is not my plan. As I handle more than one issue a day I wish rather to put more onto my own site. I am happy to allow […]