I suspect the Chancellor will not be giving a clear picture this coming Wednesday Daily Telegraph For people of a certain age, the sight this Wednesday of a Labour chancellor by the name of Healey delivering the Budget will stir uncomfortable memories of what happened 50 years ago. In 1976, the Budget occurred in April, but by the autumn, people were seeing rather a lot of the then chancellor, one Denis Healey . The economy was in crisis. There was panic selling of the pound. Meanwhile, although inflation had fallen from its peak of more than 24pc the year before, it still stood at 14pc. In October interest rates hit 15pc, while the yields on 20-year gilts reached 16pc. In late September that year, Denis Healey applied to the International Monetary Fund (IMF) for a loan of $3.9bn ( £2.3bn). In December, he signed a letter of intent pledging to initiate large cuts in government spending to secure the loan. The detail about the state of the economy was then, of course, different f...
Racist councillors have no place in politics, but proposed suspension rules could be weaponised to silence legitimate criticism of extremism Daily Telegraph 23/10/26 “Let’s change the law,” said the electronic bulletin from the divisive group Mend (Muslim Engagement and Development Group). This was in relation to the disgraceful racist comments by Reform councillors in Solihull, recently exposed by ITV. The e-bulletin from Mend is intended to get individuals from Muslim communities to lobby their local MPs to push for the development and approval of powers for local authorities so that they could suspend and exclude councillors in such instances in the future. Depressingly, pressure tactics, online mobilisation and anxiety-inducing language have become the norm in our polarised political environment. This is doing nothing to build social cohesion and commonality amongst our communities. Mend has a notorious past. Government officials, security watchdogs, and political think-tank...