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Manchesterism’s first big test is the bond markets
Here it comes again. Whoever Andy Burnham chooses to be his Chancellor of the Exchequer will face the same challenge as all their predecessors since Gordon Brown: producing ‘fiscal rules’ to reassure the City they will be prudent holders of the nation’s…
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We’ve given OBR an impossible task: let’s simplify their job
Asking any forecaster to predict Government debt 5 years ahead is an impossible task, but because it’s in the Government’s Fiscal Rules that’s exactly what the Office for Budgetary Responsibility (OBR) has to try and do. Here’s how to end…
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The Ever-Rising Costs of Government Borrowing
Government borrowing costs are costing taxpayers more & more. If we had a legally-binding rule as the Centre outlines in the Policy Thumbnails section of this website, we could keep the debt in check & stop things getting even worse,
