Category: UK Fiscal Pollicy
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BUDGET PANTOMIME: “SHE’S BENEATH YOU!” TWOP put together a quick take on the totally useless Budget on Wednesday evening. Although it was TWOP’s first Budget, the measures announced were so anti-climactic that it seemed hard to justify giving the announcement much notice, but the spectacular subsequent political fall-out is a gift that just keeps giving…
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TWOP’S FIRST BUDGET. An awful lot of commentary and very little substance. Rache decided to raise taxes on working families to pay for increases in welfare while hoping future growth can reduce the sting in the future tax tail. [NB: the “hope for growth” has not borne fruit for the last 30 years, why it…
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SOFT LAUNCH It is traditional for governments to slip out news of their most depressing failures in the dying moments of Parliamentary “term” in the hope that MPs and journos alike are keener to hit the fleshpots of the Mediterranean or more exotic holiday destinations than to pursue the latest delay to HS2, or estimated…