Lord Sassoon appears to admit in a House of Lords debate that a family could lose its Child Benefit if the grandmother is a higher rate taxpayer.

Alex Barker reports on SMF’s analysis of Universal Credit: overall, a typical working family will see a steady rise in their effective marginal tax rate of 6p in the pound.

Alex Barker argues that Chris Grayling could argue correctly that the Flexible New Deal is underperforming badly in terms of job starts. But, strange to speak, he doesn’t acknowledge the important wasy in which the Work Programme will resemble it.

Read the Chancellor’s 2006 Times article on the Irish economic miracle, where we learn that “a generation ago it would have seemed ridiculous to go to Ireland for economics lessons. Not any more”.