If people are given responsibility, they behave responsibly. So if we give people more political power, I believe that will create a country with a greater sense of social responsibility.” So said David Cameron in 2010.
THE PENSION reforms announced in last week’s Budget represent the biggest shake-up of pensions in living memory. UK pensions are currently the most inflexible in the world, with strict rules on how the pension money can be used in later life.
IT’S TIME to reform our outdated, restrictive Sunday trading laws. With online shopping gaining in popularity by the day, the health of the British high street relies on full flexibility to open on Sundays.
AS AN old DC hand living in Berlin, I was kindly invited to hear Barack Obama speak there in 2008 by some of my old foreign policy frenemies in the Democratic Party. I was present when candidate Obama’s white-hot global fame reached its apogee.
WHEN you have no money, and you need to conserve cash for a rabbit out of the hat in the run up to the election, what do you do? The chancellor’s answer: focus the Budget on pension reform and Isas saving incentives.
OFGEM, the Office of Fair Trading (OFT) and the Competition and Markets Authority (CMA) will shortly issue an assessment of how well competition in the markets for gas and electricity is serving the interests of households and small firms.
IT’S THAT time of the year when the chancellor confirms that Air Passenger Duty (APD) is set to rise once again, ensuring that passengers flying from London’s airports will pay the highest departure tax of any country in the world.
GETTING inside the thinking of Vladimir Putin is a daunting prospect at the best of times; and these aren’t the best of times. Yet doing so shows why a worst-case outcome just a few days ago suddenly seems entirely plausible.
WITH Budget day upon us tomorrow, we can expect to be told that we are almost half-way through the government’s planned fiscal consolidation. Politicians will talk about how they are eliminating the deficit and getting our debts under control.
AHEAD of the last Budget before the 2015 election, Britain’s political battle lines are being carved out. Voters will be tempted by alternative menus combining less debt, higher spending and lower taxes.
WHEN One Direction (1D) weighed in on the corporation tax debate, calling on their fans to pressure George Osborne into “cracking down on company tax avoidance”, it was the clearest indication yet that business tax has become a popular issue.
THE UK represents just 0.9 per cent of the world’s population, but accounts for 3.2 per cent of its scientific expenditure, 4.1 per cent of its researchers, and 15.9 per cent of its most highly-cited articles.
BUSINESSES want two things from government: clarity about policy, and certainty about the business environment. This is particularly true on an issue as crucial to Britain’s economy as our place in the European Union.
THE NORDIC economic model, followed by Sweden, Norway, Finland, and Denmark, has long been divisive. The Left exalts it and the Right tries to forget about it. Unfortunately, the debate has long created more heat than light. It needn’t.
A GREAT event took place in Pushkin Square, Moscow on 31 January 1990: a branch of McDonald’s was opened. There was similar excitement in Kiev on 24 May 1997, when the McDonald’s franchise was extended to Ukraine.
THE DESTRUCTION of historical records by government bodies is a recurring motif of the unfree society. So the Bank of England’s hesitancy to publish transcripts from its meetings should be a serious cause for concern.