For years now the UK population has been told to believe things that aren't true. Among them.. that the rich don't pay enough tax.. and that the Laffer Curve doesn't exist. It's time for politicians to accept reality.. bloomberg.com/news/newslette…

Why should the OBR expect a surge in CGT revenues next January?

Having had a couple of days to digest the Government’s new Modern Industrial Strategy, Growth Commissioners Shanker Singham, Douglas McWilliams and Srinivasa Rangan have now delivered their verdicts 👇 growth-commission.com/2025/06/26/gro…

Is the timing of the UK's likely economic crisis becoming clearer? I argue the case for a difficult Autumn: linkedin.com/pulse/could-uk…

VAT on private schools removed! (but not here - in Nigeria - they tried it and it failed!)

Normally when one talks about a Chancellorship ending in tears, they are metaphorical tears.....

Happy independence day to all American friends. I can assure them that there is no desire in the UK to reclaim our lost lands....

Super-super Interesting from Douglas McWilliams . This has the ring of truth to a punter like me.

My comments on Chris Wormald's appointment...

My Saturday blog suggests that UK politics and economics this autumn could get very interesting.... linkedin.com/pulse/normally…

Just bought a pan with a 'lifetime guarantee'. Turns out that it's a guarantee for the pan's lifetime, not mine. So when the pan breaks, it invalidates the guarantee.

Growth Commission member Douglas McWilliams reflects on the Government's current predicament 👇 linkedin.com/pulse/normally…

h/t George Cooper

I wrote about this in the TG when the act came into force. Was surprised how little interest there was. telegraph.co.uk/business/2024/…

Our Commissioner Douglas McWilliams responds to another month of negative growth in the UK👇

One interesting facet of today's GDP data is how dependent the whole UK economy has become on Section J, the main part of the Flat White Economy, only 6% of the economy. In the past 12 months this part of the economy has contributed 58% of the entire growth in GDP

The Flat White Economy (only 6% of GDP on the ONS definition) has generated 58% of GDP growth over the past year.

Obvs this is almost certainly fake news. But still funny...

For those who were asking about what is the Flat White Economy, this YouTube clip (about which I knew nothing until a friend forwarded it to me!) explains it well! youtube.com/shorts/8LWnKOq…

My Saturday morning blog follows the observation that the information and coms sector with 6% of GDP had contributed 58% of the 12 monthly growth in GDP on yesterday's figures. It asks whether tech can bail out the slow growing UK. The answer is perhaps: linkedin.com/pulse/growth-f…