Economy

Economy

Britain’s debt bombshell

Britain’s debt bombshell

George Osborne is something of a political chameleon. Every so often he feels the need to change his ideological clothes. Once considered a tax-cutting deficit hawk, the chancellor has also proven to be an earnest believer in big government. You never know what you’re going to get with an Osborne […]

by × March 19, 2016 ×

Economy

More dodgy forecasts

More dodgy forecasts

The Chancellor stood at the despatch box again today and reeled off a new set of forecasts for GDP, government spending, national debt and the budget deficit. The forecasts all fit nicely into Osborne’s promises of a £10 billion surplus by the end of the Parliament, but can we trust […]

by × March 16, 2016 ×

Economy

This government is looking more like Ted Heath’s every day

This government is looking more like
Ted Heath’s every day

This week Conservatives for Liberty held a joint event with the recently-resurrected Selsdon Group, in which 1922 Committee chairman Graham Brady MP kindly agreed to be the speaker. It’s not the first event we’ve held with the group, given when it comes to economic matters, we’re very much of the same mind. […]

by × March 16, 2016 ×

Economy, Europe

The banking industry is global and will  continue to thrive in Britain post-Brexit

The banking industry is global and will
continue to thrive in Britain post-Brexit

Mark Carney, the Governor of the Bank of England, today described the prospect of a British secession from the European Union as the “biggest domestic financial stability risk” facing the UK. If Britain left the EU and could not secure the same business conditions for the City that it enjoys […]

by × March 10, 2016 ×

Economy

Political theatre makes for poor policy

The way our government sets budget and spending plans is a recipe for bad, short-term decision making.  Twice a year the chancellor gets to his feet and delivers a refreshed set of economic policies in a big, set piece speech where he is essentially forced to favour tomorrow’s headlines over optimal […]

by × November 27, 2015 ×

Economy

Spending Review: The CfL view

We may be accused of negativity when we criticise the spending review: public spending is still forecast to fall to 36.4% of national income by 2020-21, and the Chancellor insists he is determined to be run a budget surplus and begin paying down Britain’s debt. These are grand ambitions that […]

by × November 27, 2015 ×

Economy

Stop resisting modernity,
reform Sunday trading laws

I can do all manner of things on a Sunday. I could partake in a bit of online gambling. I could do my weekly food shop, again online. You get the idea. I’m not exactly relying on any imposed rhythm of family to life to dictate my actions and I […]

by × October 21, 2015 ×

Capitalism, Economy, News

Dr Liam Fox MP calls for ‘fiscal restraint  and monetary realism’

Dr Liam Fox MP calls for ‘fiscal restraint
and monetary realism’

Speaking at the IEA this morning, Dr Fox called for an increase in interest rates and a fresh look at monetary policy. Dr Fox painted a bleak picture of quantitative easing (QE), arguing that central bankers have created a ‘drug pusher and addict‘ relationship and are now unwilling to do […]

by × October 19, 2015 ×

Economy, Europe

Greece’s sacrifice is the essence of ‘enlightened’ supranationalism

Greece’s sacrifice is the essence of
‘enlightened’ supranationalism

It’s an article of faith amongst libertarians of every stripe that society is best organised when responsible adults are left free to make rational choices in their own self-interests. Indeed, as I understand it, Ayn Rand’s philosophy holds this to not only be the most rational and productive organisation of society, […]

by × July 22, 2015 ×

Economy, News

The budget was a political masterclass,  but  it left  me deflated

The budget was a political masterclass,
but it left me deflated

On July 7th I spent my lunch break listening to the budget… what a sad man I have become. It’s tragic really being a political obsessive, we’re not normal people. Who in their right mind watches a long, boring speech by the chancellor in the middle of a weekday? Or […]

by × July 18, 2015 ×

Economy

If a robot can cook your dinner now, why do we need Tube drivers?

If a robot can cook your dinner now, why
do we need Tube drivers?

Like the giant panda – a carnivore which insists on exclusively eating a plant which it can barely digest, makes it highly sluggish, and entirely uninterested in making sweet panda love – the trade union movement is a curiously counterintuitive institution. The Aslef and Unite unions representing Tube drivers, for example, are at the moment gleefully heaping […]

by × July 16, 2015 ×

Economy, Home Affairs, News

What we think of Budget 2015

What we think of Budget 2015

The day finally came: the first Conservative budget in 18 years. Overall, the Conservatives for Liberty team is pretty pleased with George Osborne’s budget – but that doesn’t mean there’s no room for improvement. Here we’ve pulled out our highlights as well as a few things that had us shouting […]

by × July 8, 2015 ×