Treasury

Treasury X Factor: Tory MPs belatedly summoned to find the money for NHS pledge

21 June 2018 14:55

How do you find the money to pay for a £20bn NHS funding pledge? Usually such discussions – and eventual…

Conservatives dump their dirty laundry on the despatch box

1 February 2018 17:11

Well, this is going well. The leak of the government’s Brexit economic forecasts this week has led to an almighty…

The Cabinet’s Brexit position is transitioning

28 July 2017 17:53

Although this week has seen a divergence of views in the Cabinet over Brexit (not to mention Labour’s continuing Brexit confusion)…

What the papers say: The Tories must start acting like a Government again

4 July 2017 8:32

‘Spare a thought for Philip Hammond,’ says the Times. The Chancellor once looked certain to lose his job – and yet…

How Philip Hammond’s National Insurance hike affects the ‘gig economy’

12 March 2017 10:00

You might argue that the self-employed enjoy less security than the employed, so it’s fair they contribute less; you might…

Philip Hammond’s small print won’t save him from a Tory backbench revolt

9 March 2017 9:21

George Osborne was famous in Westminster when Chancellor for laying large ‘elephant traps’ for Labour using Treasury policy. He was…

What the papers say: Philip Hammond’s broken promise

9 March 2017 9:03

Philip Hammond is feeling the heat this morning. This was supposed to be the ‘boring’ budget, with no headline-grabbing announcements or…

As it happened: Philip Hammond’s first – and final – spring Budget

8 March 2017 14:20

Philip Hammond has finished his Budget announcement. The stand out points? £2bn in funding for social care – although only…

What’s in Philip Hammond’s Budget box?

8 March 2017 9:03

Philip Hammond doesn’t do box office. Unlike his predecessor George Osborne, he doesn’t do burgers either, with his austere pre-budget…

A business rates rise benefits nobody

4 March 2017 12:00

I campaigned hard for a business rates review, and even tried to claim credit for it — or at least…

What the papers say: Britain’s soaring EU budget bill shows Brexit can’t happen soon enough

14 February 2017 8:43

We’ve heard that Brexit could cost Britain billions in the form of a divorce bill from Brussels. But what is…

We no longer have a pensions system, just a mess caused by the Treasury

10 January 2017 11:52

Back in the 1980s, when I was embarking on a lifetime of sweat, toil and tears in order to bring home…

Donald Trump is right to take action against China

10 January 2017 11:33

It’s a mistake to think of Donald Trump as a protectionist, as Boris Johnson will have discovered during his recent…

George Osborne’s stamp duty hike is starting to bite the Treasury

8 December 2016 13:06

The existence of the Laffer Curve can be proved by thought-experiment alone. If a government levies an income tax rate…

What the papers say: Boris’s ‘indiscreet’ way with words and Project Fear comes unstuck

17 November 2016 8:32

In the run-up to the referendum, the Treasury warned that unemployment would rise by half-a-million. Today, this prophecy comes in…

Don’t listen to the doom-mongers: A rise in inflation isn’t some kind of crisis

18 October 2016 12:10

It takes quite a determined Cassandra to see the rise in Consumer Prices Index (CPI) from 0.6 per cent in…

The Treasury’s ‘Hard Brexit’ warning shows Project Fear isn’t over yet

11 October 2016 9:45

Can someone please tell HM Treasury that the referendum is over? During that campaign, it made history by producing a…

The Brexit bounce continues – ten forecasters up their predictions for 2016 growth

21 September 2016 12:49

The Brexit bounce continues. HM Treasury has today released forecasts of the economists it follows, as it does every month.…

Mark Carney clashes with Jacob Rees-Mogg over BoE’s Brexit warnings

12 July 2016 13:12

Jacob Rees-Mogg and Mark Carney’s clash at this morning’s Treasury Committee was a masterclass in passive aggressiveness veiled in pleases…

George Osborne ditches ‘Project Fear’ as he breaks his Brexit silence

27 June 2016 7:55

George Osborne has turned his back on ‘Project Fear’ after finally breaking his Brexit silence. The aim of his speech…