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Category: News & Articles

  • May 30, 2013

    The Office for Budget Responsibility

    This year’s Budget continued a hapless, unparalleled record of forecasting failure for the OBR. Sadly what has so undermined City commentators’ confidence is that the OBR’s independent analysis has invariably veered in the direction of robust support for the Treasury’s economic projections. At each succeeding Autumn Statement and Budget since June 2010, the OBR has […]
  • May 22, 2013

    Great news on free schools in central London

    As I know from my postbag, London is crying out for more school places. Like clockwork, I receive tens of messages from parents at the conclusion of each year’s admission procedures, desperately concerned that their child will not have a school place come September. Today the government has gone some way to relieving that local […]
  • May 11, 2013

    The mispricing of risk

    ‘Is there more to come?’ It was with this question in mind that I gave my first book the provocative title, Between the Crashes. Launched last month with the support of ConservativeHome, Between the Crashes provides a timeline of the seismic political and economic events that followed the collapse of Lehman Brothers in 2008. In […]
  • May 9, 2013

    The City Talent Initiative is launched!

    This morning I joined David Lammy and Baroness Kramer in a cross-party effort to ensure some of our brightest talents reach their full potential. The City Talent Initiative, organised by the Social Mobility Foundation, is an exciting new programme which supports high-achieving youngsters from low-income backgrounds in accessing leading City firms. The CTI programme was […]
  • May 3, 2013

    Some initial thoughts on the local election results

    First, my heart goes out to those scores of dedicated, community-minded Conservative councillors who lost their seats. Rightly many will feel that they deserve better than to be voted out in a tide of mid-term anti-coalition sentiment. Second, these were almost unprecedentedly mixed results with all parties able to claim some good news amidst other […]
  • April 29, 2013

    Lupus Street Post Office

    Mark is aware of the groundswell of concern in Pimlico about the proposed closure of the Post Office’s Lupus Street branch and it is a concern he shares. Alongside Churchill councillors, he has been campaigning to keep the Post Office on that site. Below is the text from a letter he has sent to Royal […]
  • April 15, 2013

    Remembering Baroness Thatcher

    I was honoured to have Lady Thatcher as a member of my constituency and the Life Patron of our Conservative Association. Having listened to the many proper tributes to Mrs Thatcher during her time as leader of our Party and Prime Minister I wanted to add a more personal reflection on behalf of my Association […]
  • April 15, 2013

    Whatever happened to that export-led growth?

    In a fast-changing world the truth is the global race has been underway for some time. The past half-decade ought to have been the best of times for UK exporters. After all, in the immediate aftermath of the financial crisis sterling dropped in value by over twenty percent against the currencies of both our biggest […]
  • March 19, 2013

    Another twist to the Eurozone crisis – what a Cyprus haircut may mean

    Just when the markets were being lulled into complacency, this weekend’s dramatic news from Cyprus has acted as a timely reminder that at best the problems of the Eurozone have been parked, rather than solved. Unsurprisingly the markets have taken fright and it is by no means certain that the Cypriot government will be able […]
  • March 19, 2013

    The Chancellor shouldn’t seek quick fixes in tomorrow’s Budget

    We should neither expect, nor want, fireworks on Wednesday. There is no doubt that the Chancellor’s room to manoeuvre is incredibly limited. Much of this, of course, can be attributed to global events – we only need to look at the weekend’s dramatic news from Cyprus to know that the Eurozone crisis is far from […]