In 2010 I pointed out that public spending was going up every year of this Parliament in cash terms. I also forecast that this government would control the costs of public spending better than the previous government, so real current public spending would also rise. Most commentators, politicians and journalists thought this wrong and talked about the real terms cuts to come.
All the talk about the ‘colossal’ cuts to come if the Tories win re-election has been predicated on the assumption that the Tories are committed to running a £23 billion surplus in 2019/20. But this assumption is wrong.
If the Coalition started cohabiting earlier this year, it has now moved into the phase where the two parties are posting mean things about each other on Facebook and trying to get the kids to take sides. George Osborne has a grump in today’s Sunday Times about the emphasis that the Lib Dems want to place on tax rises to plug the gap after the 2015 election.
Why do Boris, Osborne and Gove all converge to agree: Anyone But Theresa? Are sex and sensibility the explanation?
Why has George Osborne denied that he wants to reduce the functions of the state?
Ukip’s crisis is the Conservatives’ gain. Following Nigel Farage’s comments about ‘ostentatious’ breastfeeding, Conservative HQ have been promoting this graphic online, with a title noting that Farage is ‘making it up as he goes along’.
It was on July 14 1998 that Gordon Brown announced that he planned to double public spending in 10 years.
Another selection from our cyperspace explorer, Captain Quirk
Bearing down on free bus passes, the winter fuel allowance and free TV licences might be symbolic – but it’s also important.
Sajid Javid was on Question Time yesterday and gave easily one of the most confident and assured defences of the government’s immigration policy to date. In response to a question about British identity and the increasing popularity of the name ‘Mohammad’, Javid rebutted the notion that a name has anything to do with patriotism
If you’re buying a house, or thinking about it, there’s only one fact you need to know about today’s Budget: stamp duty is changing. Gone is the old system of thresholds, and instead it will be a percentage chunk of the value. And no, this ist a disguised tax graph – the Chancellor expects to lose more money out of this reform than any other.
Deputy Prime Minister Nick Clegg no longer wants to be seen sitting alongside David Cameron or George Osborne
Some members of the Tory family think the Chancellor isn’t part of it. But the Autumn Statement showed that no-one is working harder for its future.
Tories plan mysterious vote after Autumn Statement
Also: The latest dispatches from the devolutionary front lines; and Sinn Fein councillor arrested as DUP plot Belfast comeback.
It’s sad when you see a child with an iPad, writes Eleanor Doughty, children should be encouraged to pick up a book and get reading
Gordon Brown’s retirement as an MP will be cheered by his critics. But, says Tim Stanley, even if he didn’t quite save the world, he remains a man of unusual stature
Changing tax rates also has an effect on incentives to work, invest, consume and transact which need to be taken into effect when setting policy and budgeting
Osborne simply has no political room to do anything very much. The big decisions will come after the election – whoever is in office.
As a born and bred Londoner, Bryony Gordon never thought she would consider leaving the capital, no matter how much she moaned about it. But as new statistics show record numbers of young people are moving out, London may finally have reached tipping point
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