Why it’s not worth saving in Labour’s Britain

Why it’s not worth saving in Labour’s Britain

Outdated tax thresholds punish prudent savers amid spectre of Isa reforms

The Strange Death of Social Democratic Britain

The UK’s first-past-the-post electoral system can have some remarkable results and is capable of enacting extraordinarily quick political revolution, as in the triumph then rapid fall from power of the great Liberal Party in the first quarter of the twentieth century. We are in such a moment now. The Labour Party today has a Commons majority of 165 seats, slightly down from the 174 majority on election night. This was almost identical to Tony Bl…