Via HM Treasury, where all the key information may be found: Responding to the Office of Budget Responsibility’s (OBR) updated Economic and Fiscal Outlook, the Chancellor has set out details of further action the Government will take to protect the UK from global instability and the euro area crisis and build […]
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I wonder what the weather is like on Planet EU?
Via Open Europe: The European Commission will next week propose that the budget for the European Union in 2012 should be increased from its current level. The proposal will set in train a prolonged period of wrangling between the Council of Ministers and the European Parliament, over both the total level […]
Read MoreConservativeHome’s Platform: Steve Baker MP: We must robustly and resolutely condemn fraud and error in the EU budget
The House should adopt a clear statement that it will not accept high levels of EU misspending. Taxation in this country remains the prerogative of the House of Commons, and so does payment to the European Union. Such a statement would not be without resonance in Brussels; while they may […]
Read MoreA smaller budget for the EU please
I chose tonight to support Douglas Carswell’s modest and conservative amendment to the draft EU Budget Bill: Line 2, leave out from ‘2011’ to end and add ‘is concerned at the above-inflation increase being made to Britain’s EU budget contribution; believes that, at a time when the Government is poised […]
Read MoreDavid Cameron: My radical plan for Britain’s armed forces – Telegraph
Via David Cameron: My radical plan for Britain’s armed forces – Telegraph: Taking full charge of the issue for the first time, the Prime Minister disclosed that more Chinook helicopters would be made available for British troops in Afghanistan. Speaking to The Sunday Telegraph on the eve of the Tory party […]
Read MoreMore on the IFS’ budget analysis
Via The TaxPayers’ Alliance – Economics 101: The IFS spreadsheet doesn’t tell us what policy choices are best for the poor: Suppose you invented a policy, some kind of economic miracle, which doubled the incomes of the poorest ten per cent of families without the Government spending a pound. That would […]
Read MoreOn the IFS’ budget analysis
“It is not clear how you would go about working out how much better off a household is from not having a Greek-style meltdown,” said Mr Browne. via FT.com / UK / Politics & policy – Equality fears add to Budget woes.
Read MoreSummary of the week – 27 Jun 2010
Highlights from the past week: On Monday, I attended the beginning of Armed Forces Week in Wycombe. Budget statement on Tuesday by the Chancellor. I spoke in the debate receiving a warm reception from Prof. Kevin Dowd on the Institute for Economic Affairs’ blog. The first Cobden Centre Austrian School […]
Read MoreIt’s worse than I thought
Professor Kevin Dowd blogs my speech in the budget debate for the IEA: By far the best contribution to the parliamentary debate on the Emergency Budget was by the MP for Wycombe, Steve Baker. Using impeccable analysis and respected (ONS and Bank for International Settlements) data sources, Mr. Baker painted […]
Read MoreGeorge Osborne: The bill for a decade of irresponsibility
From conservatives.com: George Osborne said the Pre-Budget Report represents “the greatest failure of public policy for a generation” after Alistair Darling announced plans to double the national debt to more than £1 trillion. George, the Shadow Chancellor, described the report as a “Tax Bombshell Budget” and stressed that a debt […]
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