John Redwood's Diary

The Blog for Rt. Hon. John Redwood MP

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The government has started its counter atack, after the East Anglian emails. We are now told that the risks are simply too great that the earth is warming up, so something has to be done. This has replaced the previous sound bite that the “science.
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The National Audit Office yesterday confirmed that taxpayers have £850 billion at risk through government guarantees, subsidies, shareholdings and other support for the banks. This is a generous way of working out the figures. In practise taxpayers are..
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The government was right to challenge the idea that the top people at RBS should receive cash bonuses for the current performance of the bank. The Board has retaliated by saying it will resign if the government presses the issue. It would be a joyous...
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Both the City and the Chancellor have woken up to the threat of too much EU regulation of UK and world financial services based in London. They have done so because a Frenchman has been appointed Single Market Commissioner. Where have they [...]
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Obama’s war - 4 days ago
This is a war for the spin doctors. The President, like the Grand Old Duke of York, marches his troops into battle today, announcing at the same time he will be marching them out of a battle in eighteen months time, whatever the outcome. This is military.
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