Elsewhere

Posted on August 15 2022

I am quoted in The Mirror this morning on Labour's plan for the cost of living crisis:

Is the plan flawless?

Nope. Luke Murphy of the IPPR think tank said the plan would save millions from "debt and destitution" adding: "This is the scale of intervention we need to see from the government."

But Prof Richard Murphy, of Tax Research UK, warned it included £10bn of subsidies to the UK's 20% richest households.

He added schools, hospitals and care homes, which are not protected by the price cap, "all face massive energy bill increases this winter, big enough to wipe out some services, and probably close most care homes.

"There is no point having a plan for homes if the economy collapses around them."

I also heavily informed a report by Serena Barker-Singh on Channel 4 news yesterday on this subject, although did not appear on air and was not named.

And I am in the Yorkshire Post this morning in the new Tax Transparency Principles:

New guiding principles for tax transparency are published today, for use by governments internationally, and leaning on the expertise of two Sheffield academics.

Now, amid debates in the race for a new Tory leader which have centred heavily on taxation policy, there are calls for clarity on UK intention - and independent audits for societal gain.

The message does move on from this blog.

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5 Responses

  1. Thicker than water says:
    August 15 2022 at 9:40 am

    Yes, the message does appear to be moving on Richard – you are making a difference / doing goo in the world, I feel

  2. Helen Heenan says:
    August 15 2022 at 9:45 am

    You were also quoted by Martha Kearney during her interview with Starmer at 8:10 this morning on R4.

    • Richard Murphy says:
      August 15 2022 at 11:27 am

      Thanks

    • Ian Stevenson says:
      August 15 2022 at 3:25 pm

      She described you, Richard, as an advisor to Jeremy Corbyn.
      Martha Kearney seemed to me to be constantly interrupting, so Starmer tried to talk fast to make his points. To me, it doesn’t help the listener gain a clear impression of his plan.
      Brian Redhead ( showing my age here ) in days gone by, said his plan was to let the guest make his or her point before he made any comment.
      Phillip Hammond, former Conservative Chancellor and now Life Peer, was on the World at One and got an easier ride. He warned that there is no Magic Money Tree.
      Sally Nugent on BBC Breakfast tv, started her questions to Starmer with, ‘how will you pay for your plan?’
      It is not part of his plan but if he had said, ‘all or most of the pandemic was paid for by QE’, we could have had a novel discussion, though probably the presenters would not have been able to rely on their crib sheet.
      In no interview was there any mention of QE. I agree when you say most journalists and most politicians don’t really understand it so it is not discussed. But the economics correspondents must do. Are they prevented from discussing MMT and QE in any depth?