The Former Coalition Ministers Club

What becomes of disgraced coalition cabinet members after they are forced to resign? Well if this morning is anything to go by it seems they perform a pincer movement on George Osborne, calling for tax cuts.

If Huhne weighed in it would be a full house…

While there is an irony about Fox complaining it is too hard to sack people, he makes some good points in the FT:

The budget must confidently assert that capitalism works. But it doesn’t work if failure is rewarded as if it was success. …individual risk and effort is not rewarded when the UK government share of GDP has risen from 38 per cent in 1999 to 51 per cent in 2011, the effective top rate of tax is over 50 per cent, and CPI inflation for the last five years has averaged 3.5 per cent.To restore Britain’s competitiveness we must begin by deregulating the labour market. Political objections must be overridden.

In the GuardianDavid Laws follows up Monday’s Newsnight outing with a welcome call to speed up taking the poorest out of tax. He wants to put up taxes though to fund it. Hmm…

A cynical person might think this must be coordinated, but Guido isn’t so sure. There’s no doubt that Laws’ interventions are sanctioned by his leader, though Guido doubts the same can be said be said for Fox. Steve Hilton will like it, but No.11 sources seem rather relaxed about the whole affair this morning…




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Quote of the Day

Shadow Education Secretary Angela Rayner:

“We have no plans to write off existing student debt.”

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