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FARMING is an issue close to my heart and is an area which deserves far more attention than it gets.
WELL, the cat is out of the bag. Brexit visionary Nigel Farage has finally admitted the truth – that Brexit has been an unmitigated disaster for households and businesses across these islands.
GIVEN the ruling Conservatives’ seeming penchant for pulling the wool over the electorate’s eyes on Brexit, it was heartening last week to hear Mark Carney deliver some home truths.
With its economy in tatters, England is not having its finest hour. It is a time of transition for the United Kingdom... /
In the US they call it ‘starving the beast’ – cut taxes and, as revenue decreases, you create irresistible pressure for austerity.
The government’s chief illusionist waves his bureaucracy-busting wand at the British state and suggests some services may be surplus to requirements.
If Britain ends up in the recession expected by the Bank of England, public anger will be looking for an outlet. / I asked Albrecht Ritschl, professor of economic history at the LSE, what single move the UK government could make to alleviate the pain. “Suspend Brexit for 20 years.”
In historical terms, however, those transgressions will end up being little more than footnotes. Viewed from afar, Johnson’s greatest failing is liable to be what he hoped would be his glorious legacy: Brexit.
As with another self-inflicted economic injury in the 1920s, Britain is struggling under a burden that could be reversed.
Inflation is rising, worker shortages are grinding us down and consumers are hurting, but No.10 is introducing measures which will make the situation worse
Across the world, there is incomprehension at what we have done to ourselves.
The Prime Minister has used the Tory conference to downplay the societal and economic impact already being felt around the UK by leaving the European Union.