Tuesday, October 9, 2012

Double Dip Pipped

This afternoon research group NIESR reports that the UK economy grew by 0.8% in the last quarter, all but bringing an end to the double dip recession:

“Our monthly estimates of GDP suggest that output grew by 0.8 per cent in the three months ending in September after growth of 0.1 per cent in the three months ending in August 2012. This is the most robust rate of growth since the three months to July 2010.”

The overall growth forecast is remains poor. Still, handy timing for Dave…

How Many Britons Are Net Recipients of the State?

Poll-leading Mitt Romney’s hopes of defeating Barack Obama were written off by many when he attacked the 47% of Americans who don’t pay federal income tax last month. At the time Guido’s own number-crunching revealed that 46% of the British electorate are dependent on the state:

Now a report by the Centre for Policy Studies has found that 53.4% of UK households receive more in benefits than they pay in taxes. That figure has gone up by almost 10% since 2000:

This is why the IDS-Osborne battle is so significant…

Tuesday, September 18, 2012

How Many Working Age British Voters Don’t Pay Income Tax?

Mitt Romney’s highlighting of the 47% of Americans who don’t pay federal income tax has got Guido thinking this morning. Having crunched the numbers it seems that a far greater number of Britons chip in to the Treasury than our stateside counterparts. Of the 34.1 million people of working age in the UK some 30.1 million pay income tax, leaving just 12% not contributing. Using Romney’s less reasonable registered voter method – including other groups such as the elderly – that figure rises to 35%.

Over at the Speccie Fraser Nelson has some interesting research of his own, noting the large number of public sector “dependents” who vote Tory. Fraser goes on: “If you add Brits who derive most of their income from government jobs or welfare, you’d get to about half of registered voters”.

46.1 million registered voters, a public sector workforce of 5.9 million5.8 million on working age benefits and 9.5 million recipients of old-age pensions – that’s approximately 46% of voters who could be described as dependent on the government. They might not all vote Labour but that’s still quite a figure…

Wednesday, August 15, 2012

Osborne’s Olympic Hangover

If George Osborne were not putting his feet up he would surely be gloating about today’s latest unemployment figures, which show that the jobless rate has dipped to the lowest level since July 2011. Unemployment fell to 8% last month while over 130,000 new jobs were created. But Chancellor Zero should not be feeling too pleased with himself.

Stats released by the EU last night show that Britain’s economy is performing worse even than crisis-hit Spain. The UK shrank by 0.7% in the last quarter, more than Spain’s 0.4% decrease and outdone only by bankrupt Greece, Portugal and Cyprus. Meanwhile London’s businesses have reported an unexpected decline in sales during the Olympics, with the two-week tourists failing to make up for all those who deserted the capital. Recovery will be a marathon, not a sprint…

Saturday, August 11, 2012

Saturday Seven Up

Saturday, August 4, 2012

Saturday Seven Up

This week a healthy for silly season 88,114 visitors visited 270,346 times viewing 472,473 pages.

The top stories in order of popularity were:

You’re either in front of Guido, or behind…

Saturday, July 28, 2012

Saturday Seven Up

Saturday, July 21, 2012

Saturday Seven Up

Tuesday, July 17, 2012

TUC in a Spin Over Threatened Pilgrims

Carl Roper is sanctioned by the TUC to spin for Pilgrims – taxpayer-funded trade union officials. The unions are fully aware of the damage that losing this state subsidy would do to their coffers and their ability to buy influence, so are fighting the Cabinet Office consultation launched last week very hard. So hard that they are just making things up:

Either Carl is an idiot, or he is being deliberately misleading. The Cabinet Office £36m figure is only for taxpayer funded union activity in Whitehall, whereas the TPA figure he mentions is in regard to union activity funded by the state right across the country. Channel Four’s FactCheck – so quickly turned to by the TUC when it agrees with them – believe the TPA figure to be an underestimate. It’s based on FOI data released by councils. Many refused. Carl ran away when Guido picked him up on his dodgy spinning.

No doubt he will happily set the record straight when he sees the error of his ways…

+ + + CPI Down to 2.4% from 2.8% in May + + +


Seen Elsewhere

If Dave Were President He’d Have Resigned By Now | Alex Wickham
Loongate: What Happened in the Blue Boar Bar | Simon Walters
Feldman’s Tennis Days With Dave | Telegraph
How Geoffrey Howe Has Lost the Debate | Robin Shepherd
Dave Has Lost Control on Europe | Geoffrey Howe
Lib Dems Should Support EU Referendum | LibDemVoice
Feldman’s Denial | Fraser Nelson
Obama’s Presidency is Imploding | Nile Gardiner
Miliband Could Be a Great PM | Thomas Pascoe
What Are You Really Paying in Income Tax? | TPA
Galloway’s Mad Month | The Commentator


Zimbabwe-Election-125x125
Guido-hot-button (1)


Tom Harris bemoans the public’s attitude to politicians…

“Mr Oborne echoes the lazy, anti-politics whine we hear so often these days, all based on the absurd notion that politicians were once loved and only fell out of public favour during the expenses scandal. He should take a walk to the Strangers’ Bar. But not to sup with the patrons he seems to despise so much, dearie me, no; he should instead look at the paintings on the corridor outside the bar, which depict the devastating fire which consumed most of the Palace in 1834. And he should reflect on the fact that on that dramatic night, as the Commons went up in flames, a crowd gathered on the South Bank to clap and cheer.”



Focus group time. says:

The thing that Dave needs to work out is which group is more likely to vote Conservative. Mad swivel-eyed loons or mad homosexuals wishing to get married.


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