What the study I chaired actually said was we needed tougher regulation of cash and capital in banks, as credit was too easy. Events proved that right.
John RedwoodLiving standards in both the public and private sector have to be brought down. The private sector has to sell more abroad and consume less at home. The government sector has to get closer to just spending what it can collect in taxes.
John RedwoodLabour's constitutional blueprint is nothing less than a plan for the destruction of UK democracy.
John Redwood