Guido has been examining what a Mahmoodian chancellorship would look like. An intriguing proposal from her top SpAd in 2021 suggested an economy-wide carbon tax…
The written-up briefings about Shabana Mahmood being desperate to stay in the Home Office are not necessarily accurate. Her own close fans often discuss how keen Burnhamites are for her to be Chancellor…
In September 2021 Josh Williams, soon to be heading up Labour Together, put forward this idea to fight climate change in the UK:
The moment this tax touched real households and real firms there would be massive pressure for exemptions. Anyone thought of agriculture, steel, cement, ceramics, glass, chemicals, aviation, fishing, remote rural houses, fuel-poor houses, energy-intensive SMEs, and strategic industries?
It is also more inflationary. This is why we don’t have a unified Carbon Tax…
Speaking at his speech on how to achieve “progressive capitalism” Wes Streeting fired a dig and Andy Burnham:
“Bond markets are not bond villains and fiscal rules matter.”