

323. Are creditors too hard on the UK?
Why are economists’ estimates of our fiscal headroom so different from each other? What does the chancellor John Healey need to do to get the markets on side? Will multiple small tax tweaks get us the money we need? Are we realistic enough about public spending? How might tax distribution change with devolution?…

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What people are saying
“My suggestion for a revenue raiser is local government bonds. Make them tax exempt and there would be massive demand for them from investors.”
“Local councils haven’t been the best investors of local tax payers money, Thurrock, Woking, Spelthorne, Slough and Nottingham City to name a few. Croydon and West Norfolk are a few more for good measure. There are others. So will the local…”
“Why isnt every PM telling the public every day what our debt interests costs are, and why this means we must implement long term plans and stop fucking around at the margins with shorterism and premises that never materialise.”
“Scrapping the triple lock wasn't enough. Pensions need to be frozen for the next few years.”
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