Some people genuinely believe business owners shouldn’t get any tax incentives above PAYE employees. As if the person who takes zero risk, has no money invested, gets holiday pay, sick pay, a pension, protections, and guaranteed wages should be treated the same as the person who

1️⃣Inflation in Britain was higher for longer thanks to Reeves’ big spend big borrow budget 1.0. 2️⃣Higher prices meant higher VAT receipts, and highest in class inflation meant higher income tax. 3️⃣Despite knowing she was in the clear thanks to higher tax receipts, Reeves

This will be a tough weekend for the Chancellor. She knew almost six weeks before the Budget from the OBR there was no ‘black hole’. Yet she and the Treasury still stoked up the idea that there was — and it would take big tax rises to fill it. By Oct 31 she knew from the OBR

Watch this space….

Employee ownership was effectively killed off in Thursday’s Budget, and the people hurt most aren’t founders; they’re employees who dreamed of owning the business they helped build. Under the old rules, selling to an Employee Ownership Trust (EOT) was viable: A founder could

Rachel Reeves claimed that VAT on private school fees was “absolutely necessary” to recruit 6,500 teachers. We all knew she was lying. One year on, state schools are 400 teachers down & it transpires that it wasn’t necessary. She did it purely out of spite & vindictiveness.

For such an awful Budget, it’s incredible that it’s since unravelled further: - Reeves lied about the fiscal situation to justify tax rises she said were unnecessary - the OBR says school budgets will be cut by 4.9%. Ministers deny it - but the OBR gets its info from ministers.

The aftermath of the Budget is turning into a Whitehall farce (so, just like the run up to the Budget, you might say, or even the Budget itself). Until only recently the OBR could do no wrong as far as Rachel Reeves was concerned. She even strengthened its powers. Now her

And there you have it. Keir Starmer signed off on Rachel Reeves black hole lie. They knew there was no black hole. This was a budget based on a lie. They both need to go. Absolutely unacceptable.

Who’s ready for Kemi Badenoch to be our next Prime Minister?

I have rarely enjoyed a leader of the opposition speech to a budget but this one was excellent from start to finish

It is absurd for the Prime Minister to argue this. His government is increasing both the cost and risk of employing young people. As Centre for Policy Studies has highlighted, the cost of employing someone aged 18-20 on minimum wage will have increased by 26% in the two years 2024–26.

In short: the reason the Chancellor raised taxes in the Budget wasn't due to an OBR downgrade. It was because of CHOICES. A choice to raise welfare spending. A choice to leave more headroom vs its fiscal rule. To imply this was down to the OBR is misleading, plain and simple.

With accusations that she mislead the public in the run-up to the Budget, do Britons find Rachel Reeves trustworthy? Trustworthy: 19% Untrustworthy: 60%

No 10 accused the opposition of using 'dodgy data' to claim teacher numbers are down - before it was pointed out the figures come from the Department for Education...

Really enjoying watching Kemi at PMQs recently

Rachel Reeves increased taxes in the 2024 budget. “What is the tax burden now?” “It’s gone up” “What does it go up to?” “It’s the highest tax burden, EVER” She then increased taxes in the 2025 budget. The economy is SHRINKING and unemployment is UP. Labour isn’t working.

Employer NI went from 13.8% to 15% in April 2025. The threshold dropped from £9,100 to £5,000. That's an extra £937.80 per employee per year. Since then, payrolled employees have dropped by 184,000 and unemployment just hit its highest level since 2015. Nobody's connecting the

Economics 101: Repeat after me: A fall in the inflation rate does not mean prices are falling overall. It means prices are not rising as fast as they were. But most previous prices rises are baked in and that prices are still rising. Petrol prices at the pump are falling but