Michael Fallon

Badly-prepared Britain

Dull, dull, hopelessly dull.  This is a Chancellor who dithered over Northern Rock, dithered over capital gains tax, and now can’t even decide whether the plastic bags levy should be voluntary or compulsory.   Drinkers, motorists, small businesses will all pay more tax because Labour has failed to control spending and borrowing in the good years. 

Budget 2008: Brown’s wasted years

Five years ago, Gordon Brown’s 2003 Budget forecast that the current budget would now be in surplus by £9 billion.  That might have allowed the new Chancellor to cut taxes for the lowest-paid, or to invest more money in our third world infrastructure. In fact, the budget never got into surplus at all.  Brown conceded a