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Philip Booth
23 May 2013
6 comments

The opening lines of the press conference presenting the IMF’s report on the UK economy did not bode well. The IMF’s deputy managing director David Lipton congratulated the government...
Philip Booth
8 May 2013
comments

It seems a pity that a government whose main economic problems are an inability to control government spending and low economic growth has responded to the local election results by writing a Queen...
Kristian Niemietz
11 April 2013
1 comment

The Right-to-Buy programme, which enabled council tenants to buy the home they lived in at a discount price, was one of Margaret Thatcher’s less controversial policies during her time...
Kristian Niemietz
21 March 2013
5 comments

At first sight, the 2013 Budget seems to mean good news for prospective homebuyers and working parents. Under the new Help-to-Buy programme, the government will act as a guarantor for mortgages...
Richard Wellings
20 March 2013
comments

George Osborne continues to make the same error he made in previous budgets. He is assuming the British economy will return to robust growth from 2014 onwards and that this will deliver the higher...
Philip Booth
18 March 2013
2 comments

  The chancellor should announce that this will be the last annual budget of its type. Unfortunately, the budget is now used to make announcements that have nothing to do with Treasury...
Mark Littlewood
12 March 2013
3 comments

British Chancellor George Osborne and United Kingdom Prime Minister David Cameron received a timely reminder today that their tough-sounding rhetoric about getting the nation's public finances...
Anthony J. Evans
11 March 2013
2 comments

  A recent article by Alex Hern at the New Statesman has argued that likening the UK economy to a credit card is ‘pernicious’, and in a resulting exchange via Twitter he has...
Mark Littlewood
25 February 2013
comments

A major irritation for anyone attempting to engage in an informed public discussion of economic policy is the media’s desire to latch onto any piece of news which makes a snappy...
Philip Booth
19 February 2013
3 comments

I do not agree with taxes on wealth as a matter of principle. In general, increases in wealth come from two sources. It is saved from income that has already been taxed, or it arises as a...
Christopher Snowdon
30 January 2013
7 comments

We are used to single issue campaigners flagging up costs to the health service as a justification for raising taxes and restricting liberties. This week the big figure is £6 billion - the...
Kristian Niemietz
18 January 2013
15 comments

Imagine there was a Food Tax which had the effect of raising food prices by, say, 17% on average. The tax revenue was collected centrally, and then disbursed to agricultural producers. That tax...
Stephen Michael MacLean
14 December 2012
comments

  The phrase ‘fiscal cliff’ now permeates the American media. In essence, the cliff is a series of legislated fiscal triggers that will be activated on 1 January, which include...
Kristian Niemietz
7 December 2012
3 comments

  Right from the start, the guiding question behind the coalition’s fiscal strategy has been ‘Which consolidation measures are least likely to get us into trouble?’ rather...
Richard Wellings
5 December 2012
2 comments

At the time of the last Autumn statement, the Office for Budget Responsibility (OBR) was predicting growth of 0.7 per cent in 2012, followed by 2.1 per cent in 2013, 2.7 per cent in 2014 and a...
Philip Booth
3 December 2012
2 comments

Those attacking companies not paying corporation tax have opened up a new line of argument. Specifically, members of the House of Commons’ Public Accounts Committee have argued that because...
Richard Wellings
19 November 2012
27 comments

According to a review commissioned by the Department of Social Security, ‘the costs of travelling to work will ... be a factor in some people’s decisions about whether to look for or...
Vuk Vukovic
14 November 2012
comments

A lot of pro fiscal stimulus arguments in the USA and the UK come from the classical zero lower bound (ZLB) assumption, in which conventional monetary policy is said to be ineffective...
Philip Booth
12 November 2012
4 comments

Who among Sunday Telegraph readers has not tried to avoid paying tax? I should imagine that most married readers keep their assets in the name of the spouse with the lowest tax rate. And I...
Christopher Snowdon
22 October 2012
comments

Are the British developing a taste for smuggled booze and moonshine? There was a five-fold increase in the number of seizures of counterfeit alcohol by Trading Standards between 2008/09 and 2010/11...