Eamonn Butler

It’s ALL bad news under Labour….Brew Dog is shutting ten bars across the UK due to NI and minimum wage increases..incredibly capital gains tax receipts down in 2025 on 24, 23 and 22…Goldman Sachs boss says the UK’s role as a global financial hub is “fragile”. Can you read…

"The world has never seen a government more radically libertarian than @JMilei's. But the amazing thing is not that it is working economically—Adam Smith would say, 'I told you so.' The true miracle is that Milei’s shock therapy is working politically."

Indeed. Labour inherited a huge national debt from the Tories. It then proceeded to borrow even more rather than put the public finances right. And much of the Tory debt was accumulated by spending on furlough, household energy bill subsidies, NHS, welfare — on which Labour urged…

“Most of what we’re now borrowing is spent on meeting the cost of previous borrowing.” What a condemnation of government profligacy.

“Nothing turns out to be so oppressive and unjust as a feeble government.” Edmund Burke

The thing about wealth is that it can go up and down depending on the value of investments. If someone has to pay a wealth tax because their investments are worth a lot, should the tax be refunded if the investments drop in value?

We already have several wealth taxes including 🔴Capital gains tax 🔴Inheritance tax 🔴Stamp duty 🔴Air passenger tax 🔴VAT on school fees The top 1% pay 28% of our income tax. The top 10% pay 60%. When the rich are forced out, the rest of us will pick up their share of the bill.

Economic Schools of Thought Explained | Dr Eamonn Butler | IEA Explained youtu.be/NT-1u9F3Mzg?fe… via @YouTube

Crashing the economy latest

Corbyn had not agreed to Sultana's post.

This lot didn't even manage 12 months.

Labour has turned Britain into a zero growth economy. "JP Morgan is predicting that the OBR will downgrade its forecast for average annual GDP growth by 0.1 to 0.2 percentage points." telegraph.co.uk/business/2025/…

My monologue to on The Times at One with Andrew Neil: There are some images which come to haunt a government and its prime minister, which in retrospect become emblematic of their decline and fall.  Jim Callaghan’s unconvincing attempt to underplay the impact of the 1978/79…

Who thinks Maggie Thatcher should be put on the £50 note? change.org/p/bank-of-engl…

Even the indefatigable Pat McFadden is getting marmalised on the media round today. Try to explain why a government with a majority of 165 can’t deliver its flagship policy is an impossible task.

But what if the British Government is actually value subtractive from the economy of Britain as a whole? adamsmith.org/blog/arent-we-… Not just a bit much, a bit too expensive, but actively making us poorer on net?

The left love ever more public spending. They don’t realise that Britain has the 4th highest absolute amount of govt debt in the world. £2.8 trillion. We pay the highest interest rates of any developed nation. We are broke.

That’s going to go down well with the biosphere underneath them.

Lakes and reservoirs will be covered with solar panels under Ed Miliband’s plans to quadruple the use of the technology in Britain. dailysceptic.org/2025/07/01/mil…

Always easy to over-react to these things but hard to shake the sense this is a complete disaster for the government's future credibility on pretty much any subject.