Author Archives: johnredwood

Aviva confirm their support for the UK and the City

Announcing good results for their financial service business in the UK, Aviva confirmed their wish to develop and invest in the UK. At the same time they said “In line with our “Not everywhere” strategy we have continued to reallocate capital….we completed the sale of Antarius in France and recently announced the disposals of the […]

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Labour’s silence on Venezuela

The sound of silence can be deafening. The Labour leadership has gone quiet when it comes to praising the Chavistas of Venezuela, who they used to tell us had got it right. The Chavez model of giving more and more to the poor was popular and worked for a bit, until the state ran out […]

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Overseas firms back City by signing for new offices

Deutsche bank have confirmed they are taking a 25 year lease on at least 469.000 square feet of the new 21 Moorfields building in the City. They were one of the banks saying they were very negative about Brexit. Ion Pacific, a Honk Kong financial group, have just chosen London as the place for their […]

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Rising energy costs

Centrica have rounded off the season for the Big six energy companies to increase prices with a substantial inflation busting rise of its own. This is bad news for consumers, and will sustain a higher inflation rate than is welcome for a bit longer following the impact of higher oil prices on our inflation earlier […]

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Brexit policy and how to negotiate

I am glad the PM has made clear we will end freedom of movement and have our own migration policy on exit, as I reminded people here on this blog last week. She has also clarified the issue of a transitional Agreement. The UK has not asked for one. We still have 19 months left […]

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The figures for HS2

I voted against HS2 and lost heavily. Parliament has decided it wants this project, and the government is now pressing ahead. It needs, however, to be aware of the need to control costs vigorously and to think again about how to raise revenue from the line when built. The forecasts rests heavily on the assumption […]

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Planning gain

One of the most fraught parts of the debates about new housing and the need to find sites to cater for the expanding population is the issue of planning gain. Greenfields or derelict land come quite cheaply. Land with planning permission to build is very expensive. The gain is created by the planning system. It […]

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How good is public capital investment?

There is in the UK debate a general assumption that all capital investment is good. It is true that the UK could boost its productivity – and therefore its incomes – by investing in more machine power, internet processing power and the like. The more people have better tools to do their jobs, the more […]

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New rail investment announced

I received this letter from the Department for Transport: I am writing to inform you about new rail investment that we are supporting to improve journeys for passengers and support the economy in the Reading area. Passenger numbers have more than doubled since privatisation of the railways 20 years ago and our country‚Äôs railways need […]

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Freedom of movement to end says Minister

The Minister for Immigration confirmed freedom of movement ends in March 2019 when we leave. The Home Secretary is consulting on how much EU migration we want once we are out. Your thoughts would be interesting on this topic. I am keen to give more job opportunity to people already settled here, and to encourage […]

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  • About John Redwood

    John Redwood won a free place at Kent College, Canterbury, He graduated from Magdalen College Oxford, has a DPhil and is a fellow of All Souls College. A businessman by background, he has been a director of NM Rothschild merchant bank and chairman of a quoted industrial PLC.

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