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Friday 18 November 2011

Harborough Mail: Audit shows poor MoD budget control

Matthew Elliott, chief executive of the TaxPayers’ Alliance lobby group, said: “It’s appalling that the MoD has been managing its budget so catastrophically badly. This level of spending on consultants is disgraceful, and worse still is the fact that correct procedures were allowed to be so consistently ignored.”

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The Spectator: What does ‘the carbon floor price’ mean? More emissions and fewer jobs

After the Conservative Party Conference, Fraser described this statement in George Osborne’s speech as the Osborne Doctrine: ‘Let’s at the very least resolve that we’re going to cut our carbon emissions no slower but also no faster than our fellow countries in Europe.’ The Government’s current climate policy clearly fails that test, as I set out for this site at the time, and there is no more egregious violation than the carbon floor price.

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City AM: Rebalancing the economy is a priority: The carbon floor price needs to be scrapped

POLITICIANS of all parties are keen that the British economy’s fortunes depend less on the work of City A.M.’s readers. Chuka Umunna – Labour’s shadow business secretary – told Bloomberg this week that under the last government growth “was too concentrated in too few sectors, and in too few regions”. Similar sentiments have been expressed by frontbenchers from every political party.

They certainly match those words with action when it comes to taxing the people and businesses of the City. But driving business out of London to other financial centres won’t help the rest of the country grow. Surely the actual objective shouldn’t be to weaken the City and hurt the financial services sector, but to look at the obstacles to growth in other regions and industries?

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Huffington Post UK: Dylan Sharpe: Fear and Loathing of Fuel Prices

As research from the TaxPayers’ Alliance released last week demonstrated, countryside areas also suffer most from excessive fuel taxes – which amount to around £64 per person in urban areas like Camden, whereas in rural areas like Maldon they were a massive £566 per person.

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Sky News: Matthew Sinclair said Air Passenger Duty should be scrapped

Watch the full debate here


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