What do you get when the most gallingly entitled man in politics meets the most gallingly entitled campaign in politics?
A Waspi compensation promise* from Andy Burnham is one of the most disappointing political moves in a crowded field
@Telegraphtelegraph.co.uk/money/pensio…
'It is almost 29 years to the day since Gordon Brown made his most expensive mistake as chancellor'
@jamesbaxterd argues 'in one fell swoop and with little fanfare, New Labour had signed the death warrant for the now mythical “gold-plated” defined benefit pension – and set in motion the immiseration of the FTSE'
🔗:telegraph.co.uk/money/invest…
It is almost 29 years to the day since Gordon Brown made his most expensive mistake as chancellor.
No, the gold was 27 years ago.
@Telegraphtelegraph.co.uk/money/invest…
“Too modest, too cautious, too local… we can’t wait for the UK to keep pace with us.”
Britain’s biggest company has consigned the UK to the history books.
@Telegraphtelegraph.co.uk/money/consum…
The confusing and ill-conceived Isa reforms are dead on arrival.
In fairness, it’s unsurprising the Treasury and HMRC were unable to craft this impossible policy.
But to be able to skirt the new rules for just a penny is quite a design flaw
telegraph.co.uk/money/invest…
I was heartened to see @MarkMcvitie and @LabourGrowth's report diagnosing what ails Britain and what might cure it.
Differences aside, it's honest, bold and sensible.
Unfortunately, that probably digs its own grave.
I hope I'm wrong.
@Telegraphtelegraph.co.uk/money/tax/in…
Jenrick may have won a skirmish for the triple lock, but the war isn’t over.
Reform’s new senior policy adviser has recently decried “the great pensioner gravy train” leading the country “into a humiliating debt crisis”.
But who will win out?
@Telegraphtelegraph.co.uk/money/pensio…
If the British public believes the NHS operates on a 34% profit margin, it’s clear they need to hear some hard truths.
Instead, politicians of all stripes abuse this economic illiteracy to peddle easy answers to difficult problems.
telegraph.co.uk/money/consum…
It is unsurprising that student loans have been dragged into the "where's my support?" discourse as we await rising inflation.
But what should still be surprising is a useless policy couched in dishonest language from the Government
@Telegraphtelegraph.co.uk/money/consum…
The Civil Service is an institution predicated on working for the betterment of the nation over the indivdual.
It is a privilege to work directly for one’s country, but large swathes of this swollen body seem to take umbrage with the notion.
@Telegraphtelegraph.co.uk/money/jobs/c…
There are lessons to be learned from Denmark’s election for any politician peddling convenient falsehoods.
There are plenty of issues with the state of our economy today, but taxing it too little isn’t one of them – and as Denmark proves, voters know it.
telegraph.co.uk/money/tax/in…
✍️ "It is the height of irony that Zack Polanski’s politics can only come to be in the crucible of capitalism, the very system he’s ostensibly at odds with," writes @jamesbaxterd.
Read more here ⤵️
telegraph.co.uk/money/tax/ne…
Zack Polanski represents post-Covid Britain.
Selfish, allergic to discomfort and unerringly convinced of their goodness.
So it follows that his new missal promises the world – and don’t worry about the nasty business of paying for it.
telegraph.co.uk/money/tax/ne…
Recession, inflation, rate hikes, £180bn borrowing, more tax and a smaller economy.
This miserable scenario is not my concoction; it is the OBR’s.
While Downing Street publicly engages in fantasy economics, I’ve looked at what it’s quietly preparing for
telegraph.co.uk/money/bills/…
Buried away deep in the text of the economic and fiscal outlook that accompanied the Spring Statement, a throwaway sentence at the end of a long paragraph revealed something fascinating.
The OBR is concerned taxes are too high.
telegraph.co.uk/money/tax/ne…
Has Reform UK fallen for politics’ favourite illusion?
✍️ @jamesbaxterd argues Richard Tice’s plan to requisition local government pensions is a far cry from Norway’s oil fund, and far closer to state intervention
Full analysis ⤵️
telegraph.co.uk/money/pensio…