At Last! A Spending Cut From Labour

Later today Shadow Media Minister Helen Goodman will promise Labour’s first cut in public spending:

Building One Digital Nation 

Helen Goodman MP will announce today (Thursday 9 May) that Labour would invest £75 million in a new programme that would focus on getting more people online and improving people’s digital skills. This new programme would be funded by halving the size of the government’s current super-connected cities programme.

Helen Goodman MP said:

 “There are about 10 million people in the UK who don’t know how to send an email and around 16 million who don’t have other basic digital skills. A Labour government would invest £75 million to ensure that people in Britain are able to get online and are able to perform basic tasks like sending an email.

DCMS sources enthusiastically point out that they are already spending £150 million doing just this. Finally, a firm commitment to cut from Labour…




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Quote of the Day

The FT’s Wolfgang Munchau on the “fake maths” of economic forecasts:

“The truth is that our ability to forecast the future beyond the current quarter is limited… The curse of our time is fake maths. Think of it as fake news for numerically literate intellectuals: it is the abuse of statistics and economic models to peddle one’s own political prejudice… The fakeness of the maths lies in an exaggerated inference. Economic models have their uses, as do opinion polls. They provide information to policymakers and markets. But nobody can see through the fog of the future.”

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