Adrian
910 posts




— piecing together Labour’s plan to pay for fixing the country: some tax rises are possible but they hope not sweeping ones; more borrowing to invest; some tough spending calls; and big hopes for private finance — “getting BlackRock to rebuild Britain” bloomberg.com/news/articles/…





I'm not talking much about the general election tax debate. Because it's irrelevant. The few £bn being discussed is dwarfed by the actual tax UK tax increases over the last few years, and the further tax increases we'll almost certainly see in the future. Grumpy thread:

What do we want? More money for public services How do we fund it? By tiering reserve remuneration for banks holding money overnight at the Bank of England Opaque? Precisely- that’s a benefit in a deeply suboptimal world.. My column on.ft.com/4ecCM48

Britain can’t risk another five years under the Tories.









Statement regarding recent media reports: Frank Hester accepts that he was rude about Diane Abbot in a private meeting several years ago but his criticism had nothing to do with her gender nor colour of skin. The Guardian is right when it quotes Frank saying he abhors racism, not least because he experienced it as the child of Irish immigrants in the 1970’s. He rang Diane Abbott twice today to try to apologise directly for the hurt he has caused her, and is deeply sorry for his remarks. He wishes to make it clear that he regards racism as a poison which has no place in public life.








