All posts by David Clensey

Markets good, government quite good too

Ten years on from the global financial crisis – and the government bailouts that saved the financial system from collapse –  the UK Prime Minister gave a speech at the Bank of England, extolling the virtues of free markets.

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Suddenly the magic money tree appears

“‘There is no magic money tree,’ Theresa May said during the election campaign when confronted by a nurse complaining about low pay. Yet now that the Conservatives need the support of the DUP to give them a working majority, suddenly the magic money tree appears: £1 billion of additional spending has been promised to Northern Ireland. Can austerity survive such hypocrisy?”

Simon Wren-Lewis, Professor of Economic Policy, Oxford University, 7 July 2017

Nurses using foodbanks

“Do you think it’s fair that the nurses get just a 1% increase year-in year-out regardless of inflation – so they get poorer, so some of them we’re told go to foodbanks? Is that fair? Do you sleep happy at that?”

David Dimbleby questions PM Theresa May, 2 Jun 2017

May’s election gamble ends in drift and division

Conservative or Labour? In our first-past-the-post system this was the binary choice on offer to the British people on 8 June. Theresa May spelt it out for us on the day she called the election.

“It is a choice between me and Jeremy Corbyn. Britain simply will not get the right Brexit deal if we have the drift and division of a hung parliament.”

Theresa May, 18 Apr 2017

No one was expecting the “drift and division of a hung parliament.” The Conservatives, 20 points ahead in the polls, were looking for a thumping majority to do Brexit their way. The local election results on 4 May reinforced Conservative dominance. With talk of Labour being decimated, their first priority was survival. A one-party state was more likely than a hung parliament.

Yet here we are today, in a hung parliament, embarking on Brexit talks to negotiate our departure from the EU. So, what happened?

Continue reading May’s election gamble ends in drift and division

A more equal society

“I don’t know why she’s [Theresa May] running for prime minister, I don’t know what her vision is for the country, I don’t know what her agenda is, whereas I do know what Corbyn’s agenda is. It’s a more equal society.”

– Ed Miliband, Labour MP, 3 Jun 2017