So, Labour wants to freeze rail fares. All very popular of course, but no indication as to how they would actually fund that. Wouldthey really be so grossly irresponsible and incompetent as to just load that onto general taxation and create more fiscal black holes? Past experience suggests so. But if our railways are not adequately funded they will...
Most people are familiar with the Peter Principle which states that in most organisations people are promoted to one level beyond the limits of their competance. This explains why so much senior management is incompetent.However the same thing surely applies to family size. Most families have one or more children more than they can afford. It does'...
Mr. Speaker, it is an honour and a privilege for me to have this opportunity to present to the House the government's budget for the coming year. As the House will already know, our economy and government finances are in a desperate and sorry state. Over the past nearly 25 years we have suffered a series of setbacks that have enveloped us in a perf...
The government is in the process of reviewing what needs to be done to prevent such corporate collapses happening again, and is in receipt of substantial petitions on the subject. The prime focus of the protests and review is on whether the auditors could and should have picked up the warning signs and issued a qualified audit report on the basis t...
The Government's Migration Advisory Committee wants to increase the number of jobs on the list aimed at plugging gaps in the UK labour market. Jobs on the Shortage Occupation List are effectively allowed to jump the queue for workers from outside the European Economic Area. Their review said there should be a big expansion of jobs on the list. Unde...
This article is a follow up to my previous post entitled 'Nissan, Felixstowe, Lettuces and Whisky' in which I proposed a system of refunding foreign importers of British exports for the import tariffs they will pay to their own governments after Brexit, thereby allowing our exports to continue unaffected. If nothing is done about this our exports w...
I am sure we all understand the situation Nissan and other companies which export a majority of their UK production to the Eurozone will find themselves in after Brexit. They will face 10% tariffs by the EU on these exports, and it stands to commercial reason they would then be better off re-locating their production into the Eurozone, where they w...
Any sort of trade deal with the EU is bound to result in economic meltdown. Here's how and why. Author: John Poynton This graph shows our Balance of Payments Current Account – in effect our national profit and loss account, comprising mainly but not exclusively of trade – split into two separate components; our trade with the EU (the red line...
