The Office for Budget Responsibility put out its annual Fiscal Sustainabilty report yesterday. It’s got three graphs which are a wee bit scary. Here’s the first graph, showing what proportion of taxes paid and state services used comes from which age group: Speaks for itself, really. We rely heavily on the middle-aged for taxes, and
‘Making work pay’ – it’s the phrase du jour of welfare reform. It’s not always clear, though, how it is actually achieved. One part of the equation is looking at how earnings, taxes and benefits interact at the lower end of the income scale. As people earn more, they’re entitled to fewer benefits, and have
There was much to commend in Chris Skidmore’s article in the Telegraph earlier this week, calling for a radical approach to public services. But there’s one bit that’s worth dissecting: his idea that people in social housing might sell their homes to invest in shared equity, if they behave well. Here’s what he says: ‘Any
Was the stooshie over health reforms inevitable? From much of the coverage, you’d think it was always going to end in tears, as people line up to criticise Lansley and rumours about Number 10’s search for a dignified exit strategy (£) swirl around the Westminster village. But it didn’t have to be like this. For a
