John Redwood

How will the markets react to Trump’s upcoming talks?

This week NATO meets. Mr Trump will want more progress with increasing spending by European allies. Many of them are still well below the 2% of GDP minimum spend they are asked to achieve to contribute to collective security. NATO will argue that members together have been increasing their spending in real terms since 2015,

Can long-term forecasters answer these questions?

I find it difficult to believe some in the media are taking these latest economic forecasts for 15 years outside the EU seriously. They have all the hallmarks of the approach that the Treasury used to get the short-term forecast for the aftermath of a Brexit vote so hopelessly wrong. The first thing to stress

Do we really need HS2? I’m not convinced

The Secretary of State for Transport asked for my views on the capacity argument for HS2. I thought I would share them with you. To establish that HS2 is needed on capacity grounds the government has to be able to demonstrate three main points. Firstly, that the current West Coast Main Line (WCML) is full or

It’s time England asserted its modern national identity

Taking tea at four, strawberries and cream, Wimbledon on a hot summer’s day, Christmas carols round the tree, street parties for a Queen’s Jubilee: the images of England are often nostalgic and middle class. To some, England, our England, is summed up in the poems of Rupert Brooke, and turned into childhood mystery in the

Time to take the thumbscrews off the banks

The biggest risk to the economy is not government cuts, says John Redwood, but lack of credit. There’s plenty ministers can do to get companies, and people, borrowing again This time it is different. Normally the UK economy bounces back from a downturn, and we have several years of rising prosperity. Today there are many