Category Archives: Uncategorized

The Bank shifts its ground on QE

  The explanations of the purpose of QE and its method working have changed over the years of its use. In the second quarter of 2009, explaining why it had embarked on a large £200 bn programme of QE, the Bank said: “The introduction of large scale asset purchase using central bank money or QE […]

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The UK should decline to pay the extra EU tax

The answer is No. We do not impose extra tax on people for past years after the year is settled. Nor do we intend to pay them.

Posted in Uncategorized | 101 Comments

The four freedoms of the EU

  We are being reminded that members of the EU have to obey the four freedoms, the freedom of movement of capital, people, goods and service provision. These should come as no surprise to us, as they were in the original Treaty of Rome. They are not some new addition from more recent federalising treaties. […]

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The UK needs a wage rise

This is a potentially  popular campaign  which need not be the monopoly of the Unions. The main aim of Conservative policy is to encourage and foster an economic recovery which will raise real wages and living standards for the many. I am all in favour of people getting on in the world, being promoted, getting […]

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Spectator Debate Today on Iraq and Syria

The Spectator are hosting a debate today at Church House Conference Centre, Great Smith Street, Westminster at 7 pm. I shall be speaking for the motion; ‘Iraq and Syria are lost causes, western intervention can’t help’. More details, including on other speakers, are available on http://events.spectator.co.uk/events/iraq-and-syria-are-lost-causes/  

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Real public spending increases rapidly, especially on capital investment

Yesterday’s figures for September 2014 and the first half of the 2014-15 fiscal year show spending and borrowing on the rise. Social security benefits are up by 5.4% on September a year earlier, despite the good progress in getting more people into work. Other current public spending is up by 3.1%. Capital spending is up […]

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The NHS is not a great election issue for Labour

  Labour’s lack of ambition in going for a core vote 35% strategy is matched by the dangers of making the NHS the centrepiece of that approach. So far the more they mention the NHS the more their vote stays in the low 30s. The first idiocy of it is the General Election in 2015 […]

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Mr Barroso tries to defend the indefensible

Mr Barroso says more UK politicians should speak out for UK’s  membership of the EU. They do not, because our current membership undermines  our democracy and damages  our economy. The EU burdens us with heavy costs, a high tax bill and dear energy. It is left to an  EU official  to lecture us on why we should […]

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Owen Paterson’s global warming speech

I read Owen’s speech and attended the dinner to discuss how we should carry work forward on new measures to give us cheaper energy in the UK. He made some important points in his remarks. He did not doubt the science of greenhouse gases, but did ask why climate models have failed to predict recent […]

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To QE or not to QE? That is the question

  Readers have asked me to update them on the debates about QE. The UK is not adding to its stock of £375 bn of created money and bond purchase. The US is just about to end its latest programme of money creation. Japan is well advanced with another very large programme and is likely […]

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  • About John Redwood

    John Redwood has been the Member of Parliament for Wokingham since 1987. First attending Kent College, Canterbury, he graduated from Magdalen College, and has a DPhil from All Souls, Oxford. 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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