Baroness Thatcher believed that Britain should withdraw from the European Union but was persuaded by her advisors to remain silent, it emerged.
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Baroness Thatcher believed that Britain should withdraw from the European Union but was persuaded by her advisors to remain silent, it emerged.
Tuesday 10 November 2009
The European Commission will propose tomorrow that the UK's budget deficit be brought down from a prospective 12 per cent of GDP to just 3 per cent by 2014-15, requiring tax increases and public spending cuts as yet unimagined by the main political parties. It would mean about £25bn in spending cuts and tax rises every year.
Thursday 29 October 2009
Tuesday 13 October 2009
Tuesday 18 August 2009
Thursday 18 June 2009
Sunday 24 May 2009
Sunday 26 April 2009
Friday 05 December 2008
Thursday 30 October 2008
Rules, they say, are there to be broken but this is getting silly. Now that the two fiscal rules have been junked, ministers have little left in the way of an economic compass. The inflation target of 2 per cent has been missed more often than not recently; it hit 5.2 per cent in September, hopefully its peak.
Thursday 21 August 2008
The public finances are a car crash. That much we knew. What we did not realise until yesterday was just how mangled they are.
Thursday 19 June 2008
My older son takes a polite interest in politics. He's not obsessive about it, but knows who David Miliband is. "Is he running for prime minister?" he asked recently, having seen the fellow on some news clip. What an extraordinary question. I asked what had prompted it. "He's doing the voice," my son said, "and the gestures with his hands."
Thursday 13 March 2008
If you want to understand what is happening don't listen to the words; look instead at the numbers. It was curious, wasn't it, listening to the Budget speech yesterday. The words were the same as in the previous 10 Budgets: the self-congratulation, the repeated references to stability, the announcements of footling little bits of spending and of targets for 2050 and the glossing over of the bad news in the big numbers. But the person saying those words was different. It was almost as though the new Chancellor was reading out a speech written by someone else, his predecessor. Indeed I suspect in large measure that is what happened.
Tuesday 04 March 2008
You can see why people climb cranes and get on the roof. People like to be heard, and be seen to be heard. The Prime Minister wants people to get involved in politics, but only in the approved way (voting Labour every four years).
Friday 29 February 2008
In the final weeks of his troubled life, Vincent Van Gogh swung between emotional extremes. Lengthy periods of tortuous depression were punctuated by bursts of joy and creativity. The result, notably different in tone from the angst-ridden material he produced immediately before his suicide, was a set of child portraits that radiate the optimism and purity of youth.
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