George Osborne promised to eliminate the structural current deficit within five years; and get net debt falling by the end of the Parliament. His plan was, however, reliant on unrealistic assumptions about a return to economic strength and healthy tax revenues, which have duly underperformed expectations.
Anthony Peto QC, co-author with Andrew Tyrie MP of the report, 'Neither Just nor Secure', published by the Centre for Policy Studies in January 2013, writes in Conservative Home on Monday 4th March 2013, in response to Robert Buckland MP.
The report stage and third reading of the Justice and Security Bill is due to take place in the House of Commons at 3.30pm on Monday 4 March 2013. It will continue on Thursday 7 March. Following the recent publication of the widely-acclaimed Neither Just nor Secure by Anthony Peto QC and Andrew Tyrie MP, it is clear that the following amendments should be made to the Bill as it currently stands.
Ewan Stewart's report, 'Masking the Symptoms: why QE and huge deficits are not the answer', published by the Centre for Policy Studies in February 2013, was cited in City AM Editor Allister Heath's column on Wednesday 27th February 2013.