Is winning the next election more important to the Conservatives than keeping Britain in the EU?
Here is a real, momentous decision facing Prime Minister Cameron. He can have either of the above alternatives, but not both.
If the Conservative manifesto contained two commitments: [more »]
Good News for Britain from Ineos
Ineos is one of those largely British industrial success stories rarely heard of by the British public (or even most of the British government).
Instead of the miserly 1% of fracking revenues offered by the UK Oil and Gas Producers’ Association (UK OOG), Ineos will offer 4% to the owners of land where Ineos bores wells (most owners own the rights anyway) and 2% to the communities within a 39 square mile area of a 200 well cluster. Over a 30 year period, Ineos expects these payments to exceed £2.5 billion which will not only make some owners very well off, but ensure opposition to this vital development is minimal. Good News indeed. [more »]
Only a major expansion of manufacture and developing new indigenous energy will solve Britain's economic problems
As we have pointed out many times, right back to the first posts in 2008, and this author in TIME (The Importance of Manufacture to the Economy in 2000), at £110 billion per annum the goods trade deficit is an even bigger problem than the government’s fiscal deficit of about the same size. Why is this?
Firstly the goods deficit is made up basically of imported manufactures, raw materials, and foodstuffs, offset to a degree by net services exports (principally technical and financial), aerospace, and oil goods, none of which the government feels it can do much about. Oil exports have declined by over 50% since the peak years 1998-2002 to a still very significant £30 billion or so, but as a result we are now, for the first time in our history, net importers of energy, getting worse as North Sea oil and gas production continue to decline. [more »]
Life in an Independent Scotland would be much worse
One of Scotland’s most prominent exports is Andrew Marr, the BBC commentator on all things Scottish and British (although he says he’s not sure what these terms mean, even after a career spent in the BBC).
At Kings College London recently, in conversation with Mary-Kay Wilmers of the London Review of Books, he opined that Scottish people, in their view, “have to vote against the Union because frankly life could not be worse”. Well here are a few facts of life which would be definitely worse had Scotland voted for separation from the UK.
See our post of 18th September (Referendum day) for 11 things which individual Scots citizens would definitely not be able to count on in their civic life, and 3 things which would be huge inconveniences for individual Scots in their personal lives. [more »]
New Constitution for the whole UK
Stephen’s latest letter on the Scottish referendum
, published in the Daily Telegraph on 9th
September. You can find it on the stephenbush.net website, in the “Politics and Education” section, under the “British and English Identity” category.