Government interventions have actually pushed up energy prices

An extensive review of the UK’s energy sector suggests government interventions have helped pushed electricity costs higher for consumers. The independent review, commissioned by the government, was carried out by Oxford University professor Dieter Helm. Helm looked into each element … Continue reading Government interventions have actually pushed up energy prices

Lloyds Pharmacy to close 190 stores, blames government funding cuts

Cormac Tobin, managing director at LloydsPharmacy owner Celesio UK, said the closures were in response to “the dramatic funding and reimbursement cuts over the past 24 months”. “Community pharmacy needs to adapt to the changing requirements of patients and the NHS, indeed it … Continue reading Lloyds Pharmacy to close 190 stores, blames government funding cuts

Peston reminds people that if the Tories don’t secure a Brexit deal, multinational businesses will start moving abroad

“People in this country forget this,” he told LBC listener Richard. “We are a very open economy, governments for 30 years went around the world saying to international business ‘set up in Britain for access to the single market’. “The … Continue reading Peston reminds people that if the Tories don’t secure a Brexit deal, multinational businesses will start moving abroad

Jacob Rees-Mogg criticises Sajid Javid’s £50bn housing plans, instead says we should build on green belt land

He said: “I think it’s tackling the wrong end of the problem. I don’t think there’s a shortage of capital for house-building, I think there’s a shortage of planning permissions. “This is putting the cart before the horse. If you … Continue reading Jacob Rees-Mogg criticises Sajid Javid’s £50bn housing plans, instead says we should build on green belt land

Tory MP wants to spend £1bn on preparing for possible “no deal” Brexit

Recently, talk has focused on what will happen if no deal is in place by the time the UK leaves. Both sides say they are confident of a deal being reached, but Mr Elphicke, the MP for Dover who voted … Continue reading Tory MP wants to spend £1bn on preparing for possible “no deal” Brexit

Oxford economics professor asks whether austerity can survive the hypocrisy of the “magic money tree” and the DUP deal

Simon Wren-Lewis, an Economics professor at Oxford University, asks: “Can austerity survive such hypocrisy?” He says there is “no economic problem with ending austerity”, but recognises austerity is a “vote loser” for the Tories, especially with top Tories such as … Continue reading Oxford economics professor asks whether austerity can survive the hypocrisy of the “magic money tree” and the DUP deal

Top economist Richard Murphy slams austerity: “The economic crash was not Labour’s fault”

Top economist Richard Murphy reported for Tax Research UK that Cameron and Osborne would be found guilty by a jury of their peers for a mishandling of the economy after the economic crash. He adds that the UK crash “would … Continue reading Top economist Richard Murphy slams austerity: “The economic crash was not Labour’s fault”