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Ben Fox Articles

High on symbols, low on substance

From scrapping the 50p tax rate to raising the personal allowance, and cutting corporation tax to stamp duty for mansions, this budget was all about political symbols. On income tax, the chancellor trod a very fine line in providing enough red meat to satisfy his...

Britain’s comatose economy revealed

Nothing best demonstrates the failure of George Osborne's economic medicine for the UK than the fact that this morning's data on the UK economy showing 0.2 per cent growth was the best he could have hoped for. Since many economists feared statistics showing negative...

Canada’s elections shows why we must back AV

Yesterday’s seismic political shift in Canada, with the once dominant Liberal party trounced and Labour’s sister party the New Democrats making spectacular gains, also saw the perversity of First Past the Post was on full display.

Scrapping fuel escalator won’t hide Osborne’s modesty

George Osborne’s second budget was a modest one. But then, to paraphrase Winston Churchill, he had plenty to be modest about. Under the Tories, Britain now ranks with Spain and Greece among the few European countries revising down growth forecasts.