Wednesday, May 30, 2012

Handy Lunchtime VAT Chart

From this morning’s City AM

Friday, May 25, 2012

Small is Beautiful

Guido really likes this video from the wonks at the Centre for Policy Studies, it animates a very clear message, around the world lower taxes lead to higher growth rates.

The data is pretty clearly presented, are you watching Mr Osborne?

Friday, May 18, 2012

The Boris Doughnut

Thursday, May 3, 2012

London GLA Projections

YouGov, who were the most accurate pollsters in London 4 years ago, have produced projections for the Greater London Assembly. The good news is they expect the BNP to be wiped out, the bad news is that London could be looking at a Red-Green majority in the assembly trying to thwart Boris on cost cutting. In Germany Red-Green governed cities have veered to the far left.

It is still close and with the Tories polling double digits behind Labour since the budget, Boris has to overcome a tough national polling deficit. Paddick, despite being a better candidate than he was in 2008, is not expected to poll in double digits and UKIP are projected to cement their claim to be the third party gaining two seats and equaling the LibDems. The graphic below shows how London became Boris Town in 2008:

The suburbs besieged inner London to take control of City Hall from Red Ken…

Wednesday, April 4, 2012

Public Negativity Towards Cameron, Clegg, Miliband Maxing Out

YouGov regularly asks respondents do they approve or disapprove of the party leaders. Subtracting disapproval from approval gives a net approval rating. Guido can’t recall public negativity towards politicians being higher.

Collectively it stands at -121, that is minus one hundred and twenty-one. Dave’s personal ratings are at an all time low at -27, Clegg’s continue to be the worst at -53 and despite a bad week for the Tories, Ed Miliband’s personal rating went down further to -41. In short, the public hates all politicians.

The political class can forget forcing the public to pay for politics. We hate them all. The Guidoised perception of politics is mainstream…

Sunday, January 29, 2012

Zero GDP Growth Has Zero To Do With €urozone

Last week’s shrinking GDP figures were spun by George Osborne as due to the crisis in the €urozone. The decline in GDP could hardly be blamed on the US market which is picking up and growing at a respectable 2.8% last quarter, nor on Asian markets where China grew at an annualised 8.9% and India at 7.8%.

Is the decline in UK GDP really, as George Osborne implies, down to economic trade with the crisis ridden continent falling? The answer is no.

UK exports to €urozone states actually rose a healthy 11.3% last year:

It is a myth that the decline in GDP has anything to do with the €uro-crisis leading to a decline in exports to the €urozone. The barriers to growth are a domestic problem… 

Thursday, January 26, 2012

Clegg’s Progressive £10,000 Threshold Hike
Benefits Low Income Earners Most

A lot of chaff is being thrown up about the £10,000 tax threshold hike being pushed by Clegg this morning. Matthew Sinclair over at the Taxpayers’ Alliance has sent this chart proving the point Guido has been making all day. Those on low earnings benefit proportionately the most.

Those on lower earnings, e.g. the second decile (£10,853 according to ONS data) will see their post-tax earnings rise by 4.7%, those in the highest decile will see their post tax earnings rise by just 1.1%. Now some policy wonks on the left complain that middle income earners will see their post tax income rise by some 2% and that this is “a waste of money”. The squeezed middle-classes need some help as well, this is a good thing, not a flaw. The hike shouldn’t be paid for by once again shifting the higher rate threshold either. The coalition parties should stop piling on the pressure on the very demographic that voted them into office to cut taxes…

Tuesday, December 27, 2011

Guido Co-conspirators’ Top 12 Book Buys

Guido’s blog reading co-conspirators are massive consumers of books, usually bought online courtesy of Amazon. According to the online retailer our reader’s favourite top purchases of 2011 were:

  1. Let Them Eat Carbon: The Price of Failing Climate Change Policies
  2. The Silent State: Secrets, Surveillance and the Myth of British Democracy
  3. Zetter’s Political Companion
  4. The Big Short: Inside the Doomsday Machine
  5. The Big Red Book of New Labour Sleaze
  6. The Triumph of the Political Class
  7. Human Action: A Treatise on Economics
  8. Back from the Brink: 1,000 Days at Number 11
  9. Ed: The Milibands and the making of a Labour leader
  10. Dirty politics, Dirty times
  11. The Rise of Political Lying
  12. A Walk-On Part: Diaries 1994-1999 (Mullin Diaires 3)

E-editions and books were combined. Pugnacious Mehdi Hasan really should be less chippy given how many of his books Guido helps shift…

Thursday, December 15, 2011

Dead Ed: The Graph
CCHQ Rein in the Hounds

Newsnight gave Ed a pasting last night, but sometimes a graph is all you need. Left Foot Forward have hit the spot:

Half the country thinks he possess absolutely no qualities worth noting. Guido hears that CCHQ strategists have scrapped an attack on Ed’s leadership pencilled in for Friday morning, post by-election defeat…

Thursday, November 3, 2011

Here’s the Fear for Osborne

Back in July the government won a vote to send £9 billion to the IMF by just 28 votes, the tightest margin yet for the Coalition government. Despite the best efforts of the whips some thirty-two Tory MPs rebelled against the government. With Osborne’s pledge today to increase British contributions to the IMF before the cash is sent on its way to Greece, an even trickier vote lies ahead:


Labour voted against the government last time and Guido can see no reason why they would change their vote next time. If you add the 81 EU rebels on the Tory benches to Labour’s vote the government will be defeated. There is some obvious panic in the Treasury as the realisation has dawned that if Ed Balls marches Labour through the no-bailout door followed by the Tory rebels, the government will lose. Excluding minor parties it will be 339 votes to 282 against more bailout cash.

There are more Tory €uro-rebels than LibDem MPs, yet it’s Clegg and the swivel-eyed Europhiles with their hands on the tiller…


Seen Elsewhere

Ruffley Could Be Suspended From Commons | Telegraph
Ruffley Loses Confidence of Constituency | Guardian
Ruffley Under Pressure to Quit | Telegraph
Gove Launches Ruffley Probe | Staggers
Clegg Must Fire David Ward | Sun
David Ruffley’s Campaign Against Domestic Violence | Buzzfeed
LibDem Criticises Clegg Over Farage Debates | Express
Ruffley Must Go | Guardian
Political Correctness Breeds Extremism in Schools | Chris McGovern
Ruffley Faces Crisis Meeting | ITV
I Sang “Maggie Out” (When I Was 7) | Liz Truss


new-advert
Westbourne-Change-Opinion Guido-hot-button (1)


New Foreign Secretary Philip Hammond has big ambitions in his first meeting with Benjamin Netanyahu today:

“I came to bring this conflict to an end.”



Flight Watch says:

Russia Today is a cauldron of bullsh*t. The only people that take it seriously are deluded conspiracy theorists. Other RT journos have resigned citing the same reasons.

It’s about as believable as Press TV, KCNA of North Korea or the Daily Mirror.


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