Articles by Jay Elwes
Jay Elwes / December 5, 2013
George Osborne, the Chancellor of the Exchequer, walked into the House of Commons today, to be greeted by a wall of noise from all sides of the chamber—approval from his own benches, opprobrium...
Jay Elwes / December 4, 2013
In a ministerial statement today, the Chief Secretary to the Treasury, Danny Alexander, gave a flavour of what is to come from George Osborne in tomorrow's Autumn Statement.
One of the more...
Jay Elwes / December 3, 2013
Why does economics consistently produce an equal number of reasons for optimism and alarm, as such existing in a perpetual state of self-cancellation? On Thursday this week George Osborne, the...
Jay Elwes / November 28, 2013
In its Financial Stability Report, published today, the Bank of England has decided to call time on the Funding for Lending scheme, the mechanism by which it supported bank loans to consumers. In its...
Jay Elwes / November 27, 2013
The Prime Minister entered the Commons chamber at 11:56, with the Chancellor not far behind. The PM brought his glasses along this week. He donned them and started leafing through the file on his...
Jay Elwes / November 26, 2013
This is the exchange of letters between the two most powerful people in the British economy, in which they have agreed to press ahead with an investigation into whether the Bank of England needs to...
Jay Elwes / November 20, 2013
With three minutes to go before the start of Prime Minister's Questions, George Osborne, the Chancellor, arrived—moments later, the Prime Minister appeared and both took their places on the front...
Jay Elwes / November 12, 2013
The cost of housing benefit is £23bn per year and the Government has cut payouts to council tenants claiming such benefits who have unused bedrooms in their property. What Government refers to as...
Jay Elwes / November 11, 2013
Departmental questions are not like Prime Minister's questions. PMQs are a torrid rumbustious affair, with noise, flack, catcalling and worse. In addition to this, the big exchange tends to come...
Jay Elwes / November 6, 2013
Today marked something of a departure from recent sessions of Prime Minister’s Questions, in that the central theme was not energy prices. Since the Labour party conference, Ed Miliband has been...