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An increase in wages for everyone in the private sector to the level of theDizzy had an interesting take on it yesterday morning re welfare reform. Note the calculation involves 'everyone in the private sector' including SME's paying a lot less in corporation tax (21%) than larger enterprises (28%), with little consequent scope for tax reductions. But this is just the type of initiative the treasury needs to be looking at.
"living wage" (£7.85 in London and £7.60 in the rest of the UK) would lead to an increase in gross earnings of between £11.4 billion and £12.0 billion, of which about £4.5 to £4.9billion would accrue to the Government through higher income tax and employee national insurance payments and lower spending on benefits and tax credits. Employers would also pay about £1.4 to £1.5 billion more in Employers’ National Insurance. In total, the Treasury would gain between £5.9 billion to £6.3 billion.

Telling interview with Ed Balls on Newsnight following yesterday's A level results. When asked why the attainment gap between State and private schools is still increasing after 13 years of New Labour educational spending, he could only offer the excuse 'because they're selective'.
Extraordinarily honest view from former New Statesman Editor John Kampfner in today's Daily Mail. He suggests the electorate are a lot more intelligent than the Labour leadership candidates currently believe.
Good news if Iain Martin is to be believed - a tapered incentive back into work for millions of welfare dependents. No doubt the Sunday's will be full of it. All we need now is a realistic and effective welfare to work program - just like Cameron promised at last year's conference. Remember that? Seems like an age now...


I may have enjoyed one expression from Simon Heffer, but I can't think of a writer who's made me more angry over the past four years.

I love the expression 'The Brown Terror' used by Simon Heffer in today's Telegraph. It perfectly sums up the years of anger, hatred and deceit under the butcher of Kirkcaldy and his acolytes.