The News Agents Ken Clarke on the Budget from hell
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Nov 21, 2025 
Ken Clarke, a veteran British politician and former Chancellor of the Exchequer, shares insights from his 55-year career in politics. He discusses the existential challenges facing the current government and critiques Labour's early performance. Clarke emphasizes the need for fiscal discipline amidst rising debt and reflects on the dangers of polarized politics. He also highlights the impact of Brexit on the UK and offers a thoughtful view on potential future party dynamics. His perspective blends personal reflections with sharp political analysis.
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Entering Parliament In A Different Age
- Clarke recalls the Commons of 1970 as deferential with earnest policy reporting and strong accountability.
- He contrasts that with today's media-driven politics and frequent opinion-poll management.
Labour's Early Failings And Need For Discipline
- Ken Clarke says the current Labour government has made a poor start by choosing wrong policies and lacking medium-term vision.
- He argues decisive fiscal discipline and reform are needed to restore growth and living standards.
Raise Taxes And Cut Spending Now
- Clarke advises raising taxes and cutting public spending to tackle near-100% debt and investor anxiety.
- He recommends income tax increases as the fairest, slightly deflationary option to restore fiscal stability.