Rachel Reeves MP Articles

When GDP fell by 0.5 per cent in the fourth quarter of 2010 the chancellor blamed it on the snow.  Never mind that it snowed in Germany and the US too and that their economies grew by 0.4 and 0.8 per cent respectively, perhaps ours was the wrong kind of snow.  Now we know, following data today, that the economy has flatlined for six months while other economies power ahead. 

Nick Clegg emerged from the smoke and mirrors of the Regional Growth Fund announcement ‘bowled over by the quality of the bids’. Vince Cable weighed in with his support for the fund which had been advised on by Lord Heseltine, another example of the back to the future economic policy of this government.

Pensioners were not looking for handouts in yesterday’s budget, but they will be disappointed that there was nothing in the chancellor’s statement to help them deal with rising fuel costs.

Today there launches a petition against the unfair acceleration in the equalisation of the state pension age. Peers should oppose the change and encourage people to join the campaign when the bill comes before them.