Our complex, confused tax system needs to be modernised and made fair, writes Gina Miller Great Budget. Tax hikes for those lucky folk on £125,000 and more. Swingeing new taxes on dividend income and capital gains. Extended windfall taxes on energy firms.
The insouciance with which some Conservatives have walked away from the wreckage of the shortest premiership ever is surprising. Iain Duncan Smith wrote an article saying that Liz Truss was basically right and warned Rishi Sunak against putting up taxes too much.
The Bank of England has announced its biggest interest rate increase in three decades as it tries to beat back stubbornly high inflation fueled by Russia’s invasion
It is ironic that British voters should choose Conservatives rather than Labour to repair Britain’s economy broken by Conservative policies.
For the past few years, the US and the UK have followed strikingly similar political trajectories. Against all odds, populist uprisings captured both countries’ conservative parties, secured power and embarked on projects of national transformation. These efforts went badly (to put it generously), and in due course