I look forward to the day when we have to explain the oil industry to the next generation in the same way that our history teachers explain that yes, it used to be common to use lead in makeup, to smoke on planes, and to teach workers using radioactive paint to lick their brushes.
Labour is promoting the household analogy that suggests it will be constrained when in office by a lack of money – and that is not true https://www.taxresearch.org.uk/Blog/2023/10/09/labour-is-promoting-the-household-analogy-that-suggests-it-will-be-constrained-when-in-office-by-a-lack-of-money-and-that-is-not-true/. If Labour thinks it will be unable to change the economy when in office why is it seeking power?
Funding the Future
The stock market is failing according to the CBI. So why don’t we just let it go?I posted this on Twitter this morning: https://twitter.com/RichardJMurphy/status/1942861045426516103 My point is serious. The CBI is saying that the situation with regard to the UK stock exchange is getting desperate, because it is losing out to overseas markets and not attracting sufficient business. The question that needs to be asked is, why is that?...