Today, the Chancellor of the Exchequer announced his Comprehensive Spending Review. The review set out the Government departments’ resource budgets for the years 2021/22 to 2023/24. Here are some of the Chancellor’s main points: New funding that takes the budget for coronavirus vaccines over £6 billion, part of over £18 billion to fund preventative coronavirus measures An additional £254 million investment to help reduce rough sleeping and homelessness The new £2.9 billion restart scheme to help more than one million […]
Tag Archives: Economy
A national lockdown is not cost-free; like many, I am concerned that England’s new restrictions may potentially harm lives, livelihoods and mental health. Though I voted no in the motion which approved England’s second national lockdown, we must comply. To support these restrictions the Government have announced: An extension to the Coronavirus Job Retention Scheme until the end of March Eligible employees will receive 80% of their usual salary for hours not worked, up to a maximum of £2,500 There […]
We know people are deeply worried about the Coronavirus – the impact it will have on their jobs, their incomes and their ability to provide for their families. We said we would support the British people – and we meant it. We will do whatever it takes and we will get through this. Our Plan for People’s Jobs and Incomes, will protect people’s jobs; offer more generous support to those who are without jobs; strengthen the safety net for the […]
[This article originally appeared on Facebook. The links and references have been modified slightly to suit appearing on this site.] When I read the comments on my last postings on Facebook, I could see just how angry people are with free markets and capitalism. I was particularly struck by the question, “Where’s the compassion?” Compassion is the driving force which makes us want to give to those in need. To have something to give, someone must first produce. A good […]
[This article was originally posted on Facebook.] As Theresa May said when she first became prime minister, the work of the government under her leadership will be driven not for the benefit of a privileged few but by the interests of ordinary, working families: people who have a job but do not always have job security; people who own their own home but worry about paying the mortgage; people who can just about manage but worry about the cost of […]
[This article was originally published on Facebook.] I am inspired and excited by Theresa May’s manifesto. And that is not something I thought I would ever write. Political manifestos are rarely read, especially by the voting public, and usually quickly dissected for their most controversial content by the media, ignoring the big story, the vision, ideas and practical actions which will drive what we do to serve the public for five years. News needs controversy; good news rarely gets a […]
Tonight is the John Hampden Grammar School Question Time which kicks off the election campaign in Wycombe. More here. In preparation for the event, I’m publishing a series of videos which set out how Conservatives are securing a better future for our country.
Buckinghamshire Thames Valley Local Enterprise Partnership has agreed an expansion to its Growth Deal with the Government, which will see an extra £8.8m invested in Buckinghamshire between 2016 and 2021 – this is in addition to the £44.2m of funding committed by the Government on 7 July 2014. The additional proposed projects include: A programme to provide access to finance to small and medium-sized businesses, so that they can grow and create new jobs; Extending superfast broadband across Buckinghamshire to […]
Yesterday, the US Federal Reserve decided not to reduce its money creation programme of $85 billion a month. The Cobden Centre publishes a response, No tapering, no surprise: It was not too surprising that there is going to be no tapering for some very good reasons. The commencement of tapering would have led deliberately to bond yields rising, triggered by an increase in sales of government bonds to the public and at the same time escalating sales by foreign governments as […]
In March 2013, there were 2,105 unemployed claimants in Wycombe – 52 lower than in March 2012. The figure for March 2013 represents a rate of 3.7% of the economically active population aged 16 to 64, which ranks Wycombe favourably as the 409th of the 650 UK constituencies ordered by unemployment.