Tag Archives: budget 2022

Vince Cable on tomorrow’s Spring Statement

Writing in the Independent today, Vince Cable said:

The geopolitical earthquake in Ukraine will generate an economic tsunami, sweeping away comforts and orthodoxies with which we have become familiar in recent decades. We don’t yet know the height of the waves, but we know they are on their way.

The era of low interest rates is first to go. Central banks, including our own Bank of England, are becoming alarmed about inflation and are moving to higher rates, which further depresses consumer demand and investment. Despite rate rises, some forecasters believe the UK could hit 10 per cent inflation by the end of the year and be in recession.

Posted in News | Also tagged | 1 Comment

What would be your dream budget?

Formally, it is the Spring Statement. But to many facing soaring energy, fuel and food prices – not to mention the National Insurance hike and suspension of the triple lock – it is a budget that could make the difference between being warm or being hungry. Being able to afford a few luxuries or having to skimp on essentials. For some it will mean trips to the food bank.

Much has been written on the spiralling cost of living. Just today, I received a polite note from my home energy provider saying announcing a 42% increase from 1 April. Many people …

Posted in News | 14 Comments
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Recent Comments

  • William Francis
    @Brad Burrows (2/2) Lasting and just peace can only be achieved on terms that favor the sovereignty and liberty of Ukrainians and a rejection of Putin's e...
  • William Francis
    @Brad Barrows (1/2) Desmond Tutu's adage that “If you are neutral in situations of injustice, you have chosen the side of the oppressor" is especially true ...
  • TonyH
    Christine - excellent article, but..... Can we /PLEASE/ stop calling him Boris? Every time I see one of our MPs doing this I really wince. This is not a trivial...
  • TonyH
    What Mick Taylor said....
  • Mick Taylor
    Sorry John. Parties standing down just denies voters choice. We really must stop talking about any kind of pre-election deals or candidates standing down. There...