š¦ Funding the Future
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Richard Murphy on developing a fairer and sustainable economy
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Is this the moment when everything changes?
https://www.taxresearch.org.uk/Blog/2025/02/18/is-this-the-moment-when-everything-changes/
Published: February 18, 2025 07:36
Yesterday was a mighty busy day. Video recording and editing were blown apart when Nicky Campbell asked me to be on Radio Five in the Read the full article...
Badenochās views are poisonous
https://www.taxresearch.org.uk/Blog/2025/02/18/badenochs-views-are-poisonous/
Published: February 18, 2025 07:16
I tried to find a transcript of Kemi Badenoch's keynote speech to the so-called Alliance for Responsible Citizenship yesterday but failed to do so without Read the full article...
Who are we defending in the UK?
https://www.taxresearch.org.uk/Blog/2025/02/18/who-are-we-defending-in-the-uk/
Published: February 18, 2025 07:07
Who and what are we defending in the UK? Itās a question in need of an answer. As politicians and politicians demand more defence spending, Read the full article...
Whose defence is it?
https://www.taxresearch.org.uk/Blog/2025/02/17/whose-defence-is-it/
Published: February 17, 2025 16:31
I took part in a discussion on defence spending during the Nicky Campbell Show on BBC Radio 5 this morning, and contrary to most of Read the full article...
Why the Bank of England base rate should be no more than the rate of inflation
https://www.taxresearch.org.uk/Blog/2025/02/17/why-the-bank-of-england-base-rate-should-be-no-more-than-the-rate-of-inflation/
Published: February 17, 2025 07:44
I noted in a video recently that if the Bank of England was setting interest rates now in accordance with long-term trends, then the real Read the full article...
Black water
https://www.taxresearch.org.uk/Blog/2025/02/17/black-water/
Published: February 17, 2025 07:35
Why am I sharing this? It came up on my YouTube, and I love people dedicated to doing something really well without mega-resources but with Read the full article...
Itās not the job of the BBC to edit anti-fascist comments
https://www.taxresearch.org.uk/Blog/2025/02/17/its-not-the-job-of-the-bbc-to-edit-anti-fascist-comments/
Published: February 17, 2025 07:21
The BBC apparently cut several anti-Trump jokes from the BAFTA coverage last night. But, try as they might to pander to the fascist in the Read the full article...
When will the MAGA give up on Trump?
https://www.taxresearch.org.uk/Blog/2025/02/17/when-will-the-maga-give-up-on-trump/
Published: February 17, 2025 07:07
The MAGA put Trump back in the White House, but like Biden before him, nothing heās doing is going to make ordinary Americans feel better Read the full article...
What should we do to restore and reinforce democracy?
https://www.taxresearch.org.uk/Blog/2025/02/17/what-should-we-do-to-restore-and-reinforce-democracy/
Published: February 17, 2025 07:00
I asked if you wanted polls. The answer was yes. Hereās a mega one on a mega issue to get the ball rolling. You can Read the full article...
What would you like me to make videos about?
https://www.taxresearch.org.uk/Blog/2025/02/16/what-would-you-like-me-to-make-videos-about/
Published: February 16, 2025 08:09
The reason why I thought of asking on this blog whether more polls might be popular is because the response to those we have put Read the full article...
When the world changes, so should the Chancellor
https://www.taxresearch.org.uk/Blog/2025/02/16/when-the-world-changes-so-should-the-chancellor/
Published: February 16, 2025 07:57
As Toby Helm and Phillip Inman note in The Observer today: Labour MPs know there are three short-term options for Reeves. But they also know Read the full article...
F-A-S (an autocratic showtune)
https://www.taxresearch.org.uk/Blog/2025/02/16/f-a-s-an-autocratic-showtune/
Published: February 16, 2025 07:42
Mark Northfield is an old friend of this blog, and I have been happy to share his politically themed songs for some time. This is Read the full article...
More polls?
https://www.taxresearch.org.uk/Blog/2025/02/16/more-polls/
Published: February 16, 2025 07:40
When this blog was renamed and re-launched almost exactly 2 years ago, the inclusion of polls within posts proved to be a popular feature. For Read the full article...
This is a bad relationship
https://www.taxresearch.org.uk/Blog/2025/02/16/this-is-a-bad-relationship/
Published: February 16, 2025 07:32
I know the 2003 film Love Actually has not lasted well, for all sorts of reasons. There are definite issues that can be raised about Read the full article...
Could the Bank of England make life better?
https://www.taxresearch.org.uk/Blog/2025/02/16/could-the-bank-of-england-make-life-better/
Published: February 16, 2025 07:20
The Bank of England could make our lives a lot better by changing some of its policies, but it shows no sign of doing so. Read the full article...
Europe and the military-industrial complex
https://www.taxresearch.org.uk/Blog/2025/02/15/europe-and-the-military-industrial-complex/
Published: February 15, 2025 16:41
It is always the case that money can be found for defence spending, war and any other act of destruction for humankind. As the FT Read the full article...
I donāt share values with Trumpās USA, and never will
https://www.taxresearch.org.uk/Blog/2025/02/15/i-dont-share-values-with-trumps-usa-and-never-will/
Published: February 15, 2025 08:31
US Vice President J D Vace showed that diplomacy was an art beyond his reach yesterday when making a speech in Munich. He was speaking Read the full article...
For how much longer will Rachel be in accounts?
https://www.taxresearch.org.uk/Blog/2025/02/15/for-how-much-longer-will-rachel-be-in-accounts/
Published: February 15, 2025 07:25
Rachel Reeves suffers with the nickname āRachel from Accountsā. Only it looks like her own accounting has not been that good, and nor is her Read the full article...
Wasting government money
https://www.taxresearch.org.uk/Blog/2025/02/14/wasting-government-money/
Published: February 14, 2025 08:07
The opening paragraphs of my column in The National yesterday said: EVERY time an idiot appears on the world stage, my experience tells me that Read the full article...
Are people appointed to government posts to be private sector stooges?
https://www.taxresearch.org.uk/Blog/2025/02/14/are-people-appointed-to-government-posts-to-be-private-sector-stooges/
Published: February 14, 2025 07:25
The FT has reported today that: The UK government should consider the use of private capital to fix the NHSās crumbling buildings and infrastructure, the Read the full article...
Where does an extra Ā£80 billion for defence come from?
https://www.taxresearch.org.uk/Blog/2025/02/14/where-does-an-extra-80-billion-for-defence-come-from/
Published: February 14, 2025 07:08
Trump says we need to spend five per cent of our GDP on defence. That would increase the spend from Ā£60 billion to Ā£140 billion. Read the full article...
Trump, NATO, and his plans for Canada and Greenland
https://www.taxresearch.org.uk/Blog/2025/02/14/trump-nato-and-his-plans-for-canada-and-greenland/
Published: February 14, 2025 06:54
The news media was making much last night of the fact that Trump was suggesting that Article 5 of the NATO Treaty - which says Read the full article...
The Treasury should stop playing silly games
https://www.taxresearch.org.uk/Blog/2025/02/14/the-treasury-should-stop-playing-silly-games/
Published: February 14, 2025 06:43
HM Treasury and the Bank of England issued a Memorandum of Understanding between them yesterday. This relates to the supposed independent funding of the Bank Read the full article...
Someone, somewhere, has it in for Rachel Reeves
https://www.taxresearch.org.uk/Blog/2025/02/13/someone-somewhere-has-it-in-for-rachel-reeves/
Published: February 13, 2025 16:27
I gather today is Rachel Reeves' birthday. I am sure it is a total coincidence that this appeared on the BBC website today: There are Read the full article...
Oh shit
https://www.taxresearch.org.uk/Blog/2025/02/13/oh-shit/
Published: February 13, 2025 08:14
As the FT has noted this morning: At least half of Thames Waterās sewage plants lack the pipes and tanks to process enough waste water, Read the full article...
The world is becoming a very threatening place
https://www.taxresearch.org.uk/Blog/2025/02/13/the-world-is-becoming-a-very-threatening-place/
Published: February 13, 2025 07:35
Trump has made clear where his sympathies lie. His first two international visitors to the White House have been Benjamin Netanyahu of Israel and Narendra Read the full article...
The square root of bugger-all
https://www.taxresearch.org.uk/Blog/2025/02/13/the-square-root-of-bugger-all/
Published: February 13, 2025 07:15
I noted this comment from the Guardian on this morning's GDP figures, announced at 7 am, with despair: Britainās economy unexpectedly grew in the final Read the full article...
Starmer must stop pandering to Farage
https://www.taxresearch.org.uk/Blog/2025/02/13/starmer-must-stop-pandering-to-farage/
Published: February 13, 2025 07:06
Starmer is aping Nigel Farageās anti-migrant rhetoric when no one would worry about migration if Labour delivered what people want from the government. This is Read the full article...
A bit Reich
https://www.taxresearch.org.uk/Blog/2025/02/12/a-bit-reich/
Published: February 12, 2025 08:20
If you aren't subscribed to Robert Reich's Substack account right now, you really are missing out on essential commentary on what is happening in the Read the full article...
Lower interest rates are vital
https://www.taxresearch.org.uk/Blog/2025/02/12/lower-interest-rates-are-vital/
Published: February 12, 2025 08:08
I cannot recall how many times I have said that UK interest rates, as set by the Bank of England, are too high. Now, the Read the full article...
Itās time to be serious about tax evasion
https://www.taxresearch.org.uk/Blog/2025/02/12/its-time-to-be-serious-about-tax-evasion/
Published: February 12, 2025 08:00
As the House of Commons Public Accounts Committee has reported: HM Revenue & Customs (HMRC) estimates that tax evasion cost the UK Ā£5.5 billion in Read the full article...
Updates
https://www.taxresearch.org.uk/Blog/2025/02/12/updates/
Published: February 12, 2025 07:20
I took part in the Australian launch of the Accounting Streams project last night. The event went well, and I am grateful to all those Read the full article...
Is Trump going to crash the markets?
https://www.taxresearch.org.uk/Blog/2025/02/12/is-trump-going-to-crash-the-markets/
Published: February 12, 2025 07:09
When markets realise Trump is serious about tariffs and that the US is now an isolationist state seeking to cut itself off from the rest Read the full article...
An unholy alliance
https://www.taxresearch.org.uk/Blog/2025/02/11/an-unholy-alliance/
Published: February 11, 2025 15:13
As the Guardian has reported today: The US and the UK have refused to sign the Paris AI summitās declaration on āinclusive and sustainableā artificial Read the full article...
How long is it before discrimination law will be unwound in the UK?
https://www.taxresearch.org.uk/Blog/2025/02/11/how-long-is-it-before-discrimination-law-will-be-unwound-in-the-uk/
Published: February 11, 2025 08:02
The far-right Institute for Economic Affairs (IEA) has not been slow to jump on the Trump bandwagon. Yesterday I got an email from it suggesting Read the full article...
Take action on water companies now
https://www.taxresearch.org.uk/Blog/2025/02/11/80120/
Published: February 11, 2025 07:39
I donāt normally repost campaign emails here, but I feel that the Bill that Clive Lewis MP is promoting on the water industry is important Read the full article...
Trump comes out in favour of corruption
https://www.taxresearch.org.uk/Blog/2025/02/11/trump-comes-out-in-favour-of-corruption/
Published: February 11, 2025 07:24
The corruption rollout that is now the characteristic of Trump's presidency continues today. As the FT has reported: Donald Trump has ordered the Department of Read the full article...
I donāt believe in āismsā
https://www.taxresearch.org.uk/Blog/2025/02/11/i-dont-believe-in-isms/
Published: February 11, 2025 07:02
I am bored by politicians who pretend that there are āismsā that create political divides in the UK. There arenāt. All our political parties are Read the full article...