“There was a real fear that a euro-zone bank might fail, that we'd have a sovereign debt problem in one of the larger European economies. That's dissipated, thanks largely to the action of the European Central Bank.”
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I had the closest thing I have ever had to an out-of-body experience lying in bed one morning. I turned on the 'Today' programme and item four on the news was: 'The shadow chancellor has ruled himself out of the leadership.' I lay there thinking that's interesting, then I realised it was me.
Tax cuts should be for life, not just for Christmas.
The positive news is that the British economy is continuing to grow and is creating jobs. And it is positive news too that at a time of real international instability we are a safe haven in the storm.
A generous basic state pension is the least a civilized society should offer those who have worked hard and saved through their whole lives.