Tag Archives: UK economy

Why inflation does not bother Boris Johnson too much

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After Brexit, the UK seems to be jumping randomly from one crisis to the next, and the government seems strangely unperturbed by the general distress.

Partly, this can be attributed to the politicians’ own failure to learn. Prime Minister Boris Johnson has proven again and again that he is prone to repeating past mistakes — the way he handled the multiple lockdowns in the Covid-19 crisis is the best example of this.

But what if at least part of it is deliberate? There could be a couple of reasons for which crises suit Johnson and his government very well, at least for a while.

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Fuel shortages mark the beginning of Brexit woes

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The queues for petrol in the UK are perhaps the most important post-Brexit moment for Boris Johnson and for those who followed his advice and voted to leave the European Union.

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Fight obesity with less office work

UK Prime Minister Boris Johnson seems keen to please one set of traditional Tory voters – landlords – even if this could mean putting the health of thousands of office workers at risk.

Instead, he should use his creativity to turn some of the now-obsolete office spaces into ways to fulfil a more important pledge he made not long ago: fight obesity. And not just his own.

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Subsidise workers, not property speculators

UK chancellor Rishi Sunak seems to be trying to build for himself the image of a man who is not afraid to “tell it like it is” when the situation requires it. But his actions show that he is prepared to sacrifice long-term economic development for a short-term boost for his Conservative party.

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Rishi Sunak’s stamp duty holiday will deepen inequality

The Covid-19 pandemic has forced many British people to look for the first time at their homes in a new light: as a place to live, rather than simply an investment.

The lockdown has served as a time of reflection on their home’s advantages and disadvantages and perhaps a reassessment of priorities.

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Covid-19 should stop the government’s house price subsidy

Before the new coronavirus pandemic, one of the main ways in which the UK’s Conservative Party boosted consumer confidence was pushing house prices up with the aid of various taxpayer-funded schemes such as Help to Buy.

But as the damage done by Covid-19 to the economy heaps pressure on the public purse, should the taxpayer still generously fund schemes that mainly serve to boost house prices and the fortunes of a few big companies and their already well-off clients?

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Will the UK impose a wealth tax to pay for Covid-19?

The fact that chatter about a wealth tax is increasing to the point where it could become reality in the UK should not be a surprise. But it would be a very odd thing for a Conservative government to be the one to actually implement it.

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Dominic Cummings makes the UK look bad in Brexit talks

Just like he “urged everyone to find closure” regarding Brexit following his victory in elections last year, UK Prime Minister Boris Johnson last week urged everyone to “move on” from the Dominic Cummings saga. But just like then, it is easier said than done.

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Boris Johnson is about to reap what he sowed

By Michael Brett

So Boris, as he likes to be called, hopes he can reassemble a disjointed Britain.  Under his benign leadership families that were torn apart by violently differing views on EU membership can be restored to harmony and domestic bliss.

The 29 million-odd people WHO DID NOT VOTE TO LEAVE THE EU in the 2016 referendum are to be dragged out willy-nilly to satisfy the 17.4 million who voted to leave. This is widely hailed as democracy.

Brexit rules the waves (which, incidentally, can only be used in future to transport goods at the cost of a hell of a lot more paperwork, restriction and delay). We will be poorer in the future than we would have been as EU members. Even the would-be leavers are forced to concede this.

How on earth did we land in this situation?

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Brexit will make the Leave voters’ problems worse

As the day of Brexit approaches (or not), emotions are running high. Particularly on the side of those wanting to remain in the European Union, there has been unprecedented unity and clarity in pushing for a deeper understanding of what the EU actually is.

However, this may come too late. A fundamental lack of knowledge and understanding of the EU is the root of the problems facing the UK today – not just the British government’s negotiation efforts, but also the public at large. Let’s look first at the main thing that sets the British apart from the people on the continental EU.

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