The Ukip dilemma
[Re: What the Eastleigh result tells us about the future of British politics, Monday]
The only way parties will win is if they align themselves with the interests of most voters (or at least 40 per cent of them). And clearly Eastleigh shows that the public feels let down by Labour and the Conservatives. I’m not saying they’ve lost trust forever, but currently they’re both unappealing choices. Ukip, in contrast, seems to want to solve some of Britain’s troubles. Taxation creeps ever higher, with ever less to show for it. Ukip wants to cut taxes. Sterling is devalued, while inflation stays high and eats into the real value of savings. Ukip has at least acknowledged that this is a problem. It’s not rocket science why they’re doing well.
[Re: Even I, as a pro-European, am against an EU cap on bankers’ bonus, yesterday]
I never thought I’d hear myself say this, but I think it’s time Britain pulled out the EU. I am not a City grandee, but I have worked in investment banking since I left university seven years ago. I have always been pro-EU, believing that, as long as the right kind of political will existed, the EU could eventually become something good. But anyone with the vaguest intelligence must understand that a cap on bonuses on a global scale is not going to work. The same arguments apply as with the ridiculous financial transactions tax. The whole system will eventually implode, and the UK should have nothing to do with it.
BEST OF TWITTER
Good news in the UK on retail sales and the services sector more generally. We should all cheer up.
Bankers bonus cap – another law which penalises success and growth, and which reduces tax income for the UK government.
I’m not in favour of a bonus cap, but the UK should worry more about its visa restrictions when thinking of the big picture on growth.
Why is everyone blaming management for Stafford disaster, and not the structure of the NHS itself?