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Kristian Niemietz
19 March 2015
2 comments

Given the proximity to the election, most commentators predicted a 'Budget of giveaways', full of populist gimmicks. Judged against that expectation, the actual Budget was relatively sensible...
Ryan Bourne
17 March 2015
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It's a well-known saying that “turkeys don’t vote for Christmas”. So calling for George Osborne to take to the despatch box tomorrow and announce that he’s abolishing...
Ryan Bourne
27 January 2015
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George Osborne has recently taken to the cause of securing ‘full employment’. A crude analysis might suggest that this a clever political move to focus attention on a Conservative success...
Ryan Bourne
29 December 2014
9 comments

The fallout from the Autumn Statement has mainly revolved around one Office for Budget Responsibility (OBR) graph and the words of an excitable BBC journalist. The now infamous ‘Chart 1.1...
Kristian Niemietz
4 December 2014
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When Chancellor George Osborne spoke about 'aggressive tax planning' in his Autumn Statement speech, I couldn't help the image of 'Irwin R. Shyster' from creeping up in my mind....
Ryan Bourne
2 December 2014
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One hundred and fifty five. That’s the really significant number for those following tomorrow’s Autumn Statement. It’s nothing to do with how much the UK government is borrowing. In...
Kristian Niemietz
30 September 2014
1 comment

There can be no doubt that spending on working-age benefits is out of control. Over the past decade alone, spending on Housing Benefit has increased from about £16 billion to £25 billion...
Philip Booth
23 June 2014
3 comments

We seem to think that there is something special about manufacturing. Perhaps it is because its products are tangible. George Osborne has fallen into this trap more than once, most notably in his...
Ryan Bourne
15 April 2014
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With the ‘stimulus’ versus ‘austerity’ debate having receded, George Osborne likes to talk instead about his ‘long-term economic plan’. This has been dominated by...
Ryan Bourne
20 March 2014
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  With the fiscal situation still tight, and a year to go before an election in which the Chancellor will accuse the opposition of fiscal profligacy, it was never likely that this was going to...
Steve Davies
6 December 2013
1 comment

  The Chancellor's Autumn Statement certainly contained some good news - but not enough to justify the self-congratulation that we saw, given continued concerns about how well founded the...
Philip Booth
10 September 2013
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George Osborne capitalised on some good economic news in his speech yesterday. He argued that the economy has turned a corner, though he emphasised that risks remain. If we are turning the corner,...
Kristian Niemietz
28 June 2013
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Most people who have had to adjust their spending behaviour after a substantial loss of income probably observed two things. Firstly, the 'lawnmower method' – cutting expenditure across...
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
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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...
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...
Len Shackleton
9 October 2012
1 comment

  After apparently backing away from comprehensive schemes for liberalising the labour market, the government yesterday made a small gesture in this direction. In his Conservative conference...
Richard Wellings
30 November 2011
2 comments

The Autumn Statement showed that George Osborne has failed to grasp the gravity of the economic crisis facing the UK. Urgent action was needed to brace the economy for double-dip recession and the...
Tom Papworth
4 October 2011
1 comment

The Chancellor of the Exchequer has announced his latest strategy for rescuing the UK economy, in the form of ‘credit easing’. Credit easing is the equally evil twin of...