Another Project Fear forecast bites the dust. According to the Nationwide Index house prices rose 0.5% in July and 5.2% for the year, a slightly faster rate than pre Brexit!
By Steve Parkhurst, Senior Editor, USDR.
Looking at the news and opinion out of London each day.
Downing Street has made clear today that Theresa May will not move to prune down or veto David Cameron’s resignation honours list. This is the right decision.
It is not easy to know what is right about Hinkley Point. If the arguments were clearly all on one side about nuclear power, one feels they might have been settled by now. But what the latest twist does show is the strange nature of political decision-making.
It shows an admirable devotion to duty. But whether what was sustainable as Home Secretary will be so as Prime Minister is another matter.
The critical consensus seems to be that there are more practical, less grandiose alternatives which can come online quicker, and without exposing our energy infrastructure to foreign powers.
Triumph for IDS as jobless families fall to record low: Number drops by 170,000 in a year following string of reforms by former work and pensions secretary
Iain Duncan Smith made reforms to reduce size of ‘bloated’ welfare system
As ISIS stretches its hand into Europe, it is more important than ever that we destroy its base in Syria and Iraq
The group’s possession of physical territory offers it money, freedom of action and a propaganda weapon. We should strip it of all three.
Her conservatism will likely combine undisguised contempt for the cultural left’s sacred cows with a neo-statist economic policy.
So the second quarter saw good UK growth despite the gloom mongers, despite all the uncertainty about the vote, and despite the pro Brexit vote before the quarter end. Meanwhile a leading pharmaceutical company confirms a large UK investment programme to confound the scientific pundits who said we would lose that kind of thing.
Every Prime Minister starts out talking about higher productivity but ends up offering more debt and cheap credit. Will this one break the mould?
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