The humble Cornish pasty has become a symbol of what was disliked about the Budget last week. Why should VAT be charged on this warm popular staple food item, when most food is zero-rated? I confess that I have not eaten a pasty since I was a child. I pass lots of pasty sellers as I…
My colleagues on the Economic Affairs Committee in the House of Lords could hardly have chosen a worse time for their report, published on 29 March 2012, opposing the all party commitment to 0.7% of UK GDP as the target for our nation’s international development aid. While politicians and pundits in Britain might be…
I await the budget with interest. I fear the Government is going to push us into a home produced recession following the international one. It is the combination of cuts and rising unemployment and lack of investment in the infrastructure (dare I mention Heathrow!). Put together they take a lot out of the economy just when…
