The sheer number of policy reversals reveal an extraordinarily weak Prime Minister Daily Telegraph 23/12/25 It would be churlish for anyone to demand repeatedly that the Government reverse its spiteful policy of levying inheritance tax on farmers and small businesses and then to castigate the same Government for doing so. Not that Keir Starmer has done exactly that, but today’s decision to more than double the threshold from the original £1 million to £2.5 million will be a relief for many families who had fretted about the impossibility of handing farms or firms on to the next generation as going concerns. So we should be thankful that the prime minister has shown some flexibility on this topic. One cheer for Starmer. Or perhaps one and a half. It is Christmas after all. There is a wider political problem in this, of course, and it is one that is vexing the brains of many Labour MPs as they cast a reluctant glance at what political events will develop in 2026. For performing U-t...
There is always extra cash available for this Government’s favoured projects Daily Telegraph 20/12/25 Another £800m will be spent on re-joining the Erasmus scheme that allows students to study across Europe. Money has been found for the spiffy new livery for Great British Railways. Ed Miliband, the Energy Secretary, has even found some extra cash for vegan “fish free” supplements made from algae on the site of the former Grangemouth chemicals plant – which unfortunately couldn’t survive the crippling energy costs he imposed on it. With every week that passes, the Government embarks on yet more extravagant spending. There is just one catch. As yet another terrifying set of public borrowing figures made clear, Labour’s spending juggernaut is crushing the economy – and leaving it far weaker with every week that passes. The latest data on the public finances published on Friday made for sobering reading. According to the Office for National Statistics, the UK borrowed an extra £11...