Reflections – purely personal – on the family life of politicians

Yesterday the All-Party Parliamentary Group on Women in Parliament, made up of a backbench group of MPs chaired by the Conservative Mary Macleod MP, published a report entitled Improving Parliament: Creating a More Representative House. As a former MP who stepped down for family reasons I had given evidence to the committee in private earlier in the year. Today, on the day that David Cameron champions a reshuffle designed to bring more women into the Cabinet, I published a personal piece in the Daily Telegraph with some reflections on politicians and family life.

The OBR’s supply-side review will have political implications

Here’s a link to a piece published in CityAM this morning that explores the political implications of the Office of Budget Responsibility’s decision to review over the summer its estimates of the supply side potential of the economy. Since the ability of the economy to grow without causing inflationary pressures is linked to estimates of the structural deficit, any change will affect the perceived success – or otherwise – of the government’s attempts to meet its self-imposed target to eliminate it.  A smaller structural deficit and the government looks economically competent; a larger one and the rhetoric will shift to the need for longer-term solutions.

It’s the assets, stupid

We should dust off the asset-based welfare textbook, learning the lessons of child trust funds, the Savings Gateway and individual learning accounts, to use the power of time to enable the most vulnerable to take control of their own personal balance sheets. And, at the real bottom end of the pile, for those with negative assets (debts) we should use the concept of household solvency – not simply interest rates – to determine how easy credit should be regulated. – See more at: