My impossible task as ‘minister for efficiency’
I am delighted that The Spectator is launching a campaign to highlight the grotesque levels of financial waste in government. Of course public sectors worldwide have always defaulted towards profligacy – but we are in different territory now. Our GDP per capita is declining: through immigration, the population is growing faster than the real economy is growing. We have no more capacity to borrow – we are already paying 25 per cent more than the Italian government for ten-year debt. Keir Starmer and Rachel Reeves love to talk bullishly about growth, but they don’t understand that taxing the productive sector more and more and discouraging employment through onerous new regulations
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