Andrew Imrie

Further to Blair. Literally every honest sensible person in all the main parties privately agrees with all these propositions: - welfare spending is too high and is throwing good people on the scrapheap - defence spending is too low - the triple lock is unsustainable - without cheap energy we cannot exploit the AI revolution - we should be investing in EVERY form of energy: renewables, nuclear and the North Sea - migration needs to be controlled to boost social cohesion and because the boats look like a huge failure of the state - any new relationship with the EU will be imposed on us until we are stronger and cannot involve the closeness some desire without freedom of movement - we are deeply embedded with America in ways which the public does not understand and cannot be told and however joyous it makes us feel to hate Trump, disengagement at the deep state level is not only wholly unrealistic but also undesirable - Whitehall needs a total overhaul so specific project expertise and political appointees can be brought in quickly Blair basically says all that. The one thing he doesn’t say and which the same group of people agree on is this and it’s something Blair left behind: - judges and quangos have too much power, are unaccountable and without redressing the balance in favour of parliament it is very difficult to do anything big fast - the bare minimum that needs to change in this regard is to reform judicial review and planning law so we can put building and economic growth ahead of newts and NIMBYs None of that above really ought to be up for discussion. It is all common sense but not one of our politicians will publicly say all of it Whatever you think of Blair, engage with what he’s saying not how he makes you feel. The bare minimum we should expect from any leader is that they have an analysis of the current situation and a plan to deal with it which is as coherent and realistic as his intervention. Pretty well every critique I’ve read so far has failed to meet this requirement. Over to Andy and Keir and Kemi and Nigel and Zack and all the others

Makerfield was Andy Burnham’s back up plan. For Robert Kenyon, it’s his home. This battle will be David Vs Goliath.

Everyone thinks buying a house is the best investment they’ll ever make. The data disagrees. UK house prices rose 4.33% annually over the last 10 years. The global stock market returned 10.1% annually over the same period. Now think about the opportunity cost of your deposit. Average UK deposit: £53,000. £53,000 invested in the S&P 500 instead: → After 10 years: £141,000 → After 20 years: £376,000 → After 30 years: £1,000,000+ Your deposit sitting in bricks: → After 30 years at 4.33%: £186,000 Schroders studied this over 25 years. £100,000 in global stocks became £631,000. The same £100,000 in UK property became £454,000. And that’s before: → Stamp duty → Maintenance costs → Insurance → Estate agent fees when you sell Property feels safe. The numbers say otherwise. Investment or liability?