Summer Recess


Summer Recess

By Daniel Yates

As the corridors of Westminster fall quiet and the Camerons head off to Portugal, it can mean only one thing. Recess!

Unlike the summers of recent years we’re enjoying a heat wave not a washout.

What’s more, unlike the summers of recent years there seems to be no impending collapse of the Eurozone requiring a hasty recall of European leaders to thrash out (yet another plan) to rescue Greece from the abyss.

As the parliamentary term draws to a close, issues such as the benefits cap, MP’s pay, lobbying, failure at the NHS and Trident are keeping political pundits busy.

With Miliband demanding (yet another) inquiry, into whether Lynton Crosby had undue influence on the decision to shelve plans to ban branding on cigarette packets, Osborne’s spending review seems a distant memory.

While the Prime Minister and his deputy holiday at the same time, the home and foreign secretary will be left in charge.  Theresa May will no doubt enjoy taking the helm given speculation surrounding her leadership ambitions.

There are under 100 weeks until the next election and battle lines are starting to be drawn as coalition forces try ever harder to distinguish themselves from their rivals.

In lesser reported news, unemployment has fallen by 57,000 to 2.51m in the three months to May. Inflation has risen to 2.9%, a mere 0.1% off the level that would require the new Bank of England Governor, Mark Carney to write an open letter to the Chancellor explaining the deviation from the 2% target. In any case inflation assists the Chancellor in reducing the real value of the nation’s debt, and Carney has signalled a Bernanke-esque ‘lower for longer’ rhetoric.

The Government’s ‘school report’ reads ‘could try harder’. Good progress has been made on benefit reform and gay marriage, but more must be done on key issues such as the economy – where the ‘lesser mentioned’ green shoots of growth aren’t yet flourishing in the British summer sun.


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