,
10 tweets,
3 min read
Read on Twitter
Javid:”No more second guessing. No best of three. One vote. One mandate. One nation moving forwards together.”#CPC19
Javid: “Whenever I talk to businesses and international investors the concern they raise with me is not the manner of our exit from the EU it’s about the policies of Jeremy Corbyn and the Labour Party.”
Hmm. I think they’re rather concerned about both.
Hmm. I think they’re rather concerned about both.
Javid hails the Conservatives as “the party of law and order.”
This is a bit of a tougher sell than usual, given for the first time that anyone can remember, the incumbent (Conservative) PM has openly flirted with disobeying the law.
This is a bit of a tougher sell than usual, given for the first time that anyone can remember, the incumbent (Conservative) PM has openly flirted with disobeying the law.
The level of doublethink in current Conservative thinking is remarkable, really. Javid just said: “we will always have a bias towards bringing our country together” (talking about infrastructure).
At the same time, the govt countenances no deal, which, well will do the opposite.
At the same time, the govt countenances no deal, which, well will do the opposite.
Nonetheless this is a significant economic speech from Javid. He’s just been extolling the virtues of borrowing at record low interest rates to finance investment and govt spending. The transformation of the Tory party from deficit hawks to Milibandism plus plus plus is complete.
On that exact theme he’s just announced target to increase living wage to £10.50, presumably by theoretical end of this parliament in 2022. @Ed_Miliband’s plans were to increase the minimum wage to £8 per hour by 2020, which at the time the Conservative Party said was a nonsense.
Hmm bit of a health warning looking into this minimum wage stuff.
He says £10.50 by 2024, that's about 46p per year. Next year it was due to rise from £8.21 to £8.67 i.e. 46p a year....so perhaps we were going to get there anyway.
He says £10.50 by 2024, that's about 46p per year. Next year it was due to rise from £8.21 to £8.67 i.e. 46p a year....so perhaps we were going to get there anyway.
Nonetheless the important bit is govt committing to 66% target (rather than 60%) so if wages rise faster, NLW rises faster.Considering that the last time the Tories were in govt they wouldn’t even countenance the principle of a min wage, this sort of dirigisme is quite a moment.
Blair’s minimum wage is the textbook example of political achievement. Something initially decried by his opponents, then quietly accepted, then received wisdom, then they themselves consolidate and expand it beyond anything that Blair would ever have considered to begin with.
