Tag: Politics
Time for a National Government? Lessons from 1931
It is an interesting question as to whether the formation of a National Government would help solve the current Brexit impasse. It has certainly worked in the past. In 1931 a National Government was formed to get us out of the Depression and overall it did a pretty good job. Britain recovered faster than any […]
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A New Centre Party, local elections and markets
The local elections on May 3rd may prove to be unusually exciting, both from a political and market perspective. Jeremy Corbyn launched Labour’s campaign today and made clear his ambition is to seize flagship Conservative boroughs in London, including Kensington & Chelsea, Westminster, Wandsworth and Barnett. I highlighted this risk in a piece for the […]
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We need more than Caractacus Potts
We cannot take the suspense. Philip Hammond labours like Caractacus Potts in the Treasury shed. Creak, bang, curse, he tinkers away into the night, preparing to unveil his latest Budget contraption on November 23rd. There is a sense of foreboding too. Will it fly beautifully, like Chitty, Chitty Bang? Or send him careering dangerously around […]
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Philp Hammond needs to show some Peelite radicalism
Those who are accustomed to seeing Britain as an essentially market-based society, home to the City of London and a redoubtable property-owning middle class, need to think again. The Labour Party just held its annual conference and, incredibly, it is winning the economic argument. On everything from housing, to tax increases, to student loans, to […]
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