Once again, a new Tory Prime Minister and Chancellor are banging on about the need for a smaller state. The modern-day reality is that this is pure fantasy. If public spending as a proportion of GDP is used as a bench mark, then as the charts below show, the UK has continued to fall well … Continue reading Small state Tories?
After being told there's no 'magic money tree', suddenly there's lots of money around. After years of cutbacks, and even before the Chancellor announced his ‘Spending Review’, Boris Johnson has promised billions for education. While Labour politicians and the authoritative Institute of Fiscal Studies have been quick to point out Johnson’s £14 billion over three … Continue reading Education’s magic money tree?