My Interview with GB News on the Bank of England
John Redwood's Diary
by johnredwood
20h ago
Please find below my interview with GB News on the Bank of England’s losses:     ..read more
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The gradual introduction of a ban on buying tobacco products
John Redwood's Diary
by johnredwood
1d ago
The results of my consultation  showed little interest in the topic, with just 12 against and 6 in favour.  It has not been a subject coming up in doorstep conversations when I have been out and about in recent weeks, nor has it figured much in the email box. Tonight we have a vote on the second reading of the Bill. It is likely to pass with a large majority as Labour and a majority of Conservative MPs are in favour. I have concerns  about how the ban on tobacco purchases will be enforced as it will be difficult for retailers to distinguish people by an annually changing age res ..read more
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Too much money – inflation Too little- recession
John Redwood's Diary
by johnredwood
2d ago
Yesterday I criticised 3 big boom/ bust cycles that came from Bank action and establishment thinking. In each case they ignored money and credit. The 1975 inflation high peak followed a doubling of broad money 1970-4 as a result of a badly supervised switch to competition and credit control policy by the Bank. The 1992 inflation followed a 36% surge in broad  money 1989-92, brought on by the dangerous  European Exchange rate mechanism. IMF figures clocked broad money growth peaking  at 86% when the Bank and Treasury were creating billions of pounds  to try to keep the value ..read more
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Letter from Minister – School building condition improvements
John Redwood's Diary
by johnredwood
2d ago
Please find below a letter that I have received from the Minister concerning Schools which will benefit from funding improvements to buildings.   Dear John Redwood, Condition Improvement Fund Outcomes Further to the letter from my right honourable friend, the Secretary of State for Education, about our funding to improve the condition of school buildings, I am delighted to confirm that there are 2 projects which will be funded in your constituency. The list of successful projects has been published online and includes projects at: The Forest School The Coombes Church of England Primary S ..read more
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Update from National Highways on M4 works
John Redwood's Diary
by johnredwood
2d ago
Please find below the letter update that I have received from National Highways concerning works on the M4.   Dear Rt Hon. Sir John Redwood MP National Emergency Area Retrofit – work set to begin on M4 between junction 10 and junction 12. We are delivering a government commitment to add more than 150 more emergency areas to motorways across the country including several sections of the M25 and surrounding motorways. I am writing to update you on what this means for the M4 in your area. Between junctions 10 (Wokingham) and 12 (Theale) we are adding 12 new emergency areas to the existing 10 ..read more
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Service to constituents and journalists
John Redwood's Diary
by johnredwood
2d ago
A journalist has  asked questions about my service levels as an MP, so I am sharing the answers in case others are interested. Service to journalists           I provide a daily commentary on the main issues I am dealing with and matter to my constituents on www.johnredwood.com. I provide a regular update on local Council matters under local issues. These articles can be reproduced, or used as a source of quotes. They cover the most topical matters that are in the news, they offer new news stories not in the national press, and can of course be commented on ..read more
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The threats from Iran
John Redwood's Diary
by johnredwood
3d ago
President Biden changed US policy towards the Middle East in 2020. He pulled out of Afghanistan too suddenly, losing a crucial air base and undermining  his allies. It led directly  to the Taliban taking the country over, after 20 years of the west losing lives and spending huge sums to stop them. He then tried to get a negotiated settlement with Iran. President Trump had negotiated successfully with the Gulf states to achieve their peace with Israel and to try to do the same with Saudi. All agreed Iran was a threat. President Biden has ended up with worse relations with Saudi and th ..read more
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Wokingham Borough opens Wokingham up to more development
John Redwood's Diary
by johnredwood
3d ago
I have worked with a group of MPs to secure the promise from Mr Gove of the ending of top down targets for more housing set in Whitehall. This now allows a Council like to Wokingham to have more say over how many new homes will be built in the years ahead in our area. In order to control the numbers the Council needs to produce a new local plan setting out how many, where and why. The Councillors in charge of Wokingham Borough have wasted time and delayed   bringing  forward the necessary plan. If a Council does not have an up to date plan developers can apply for permission whe ..read more
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Why do no other MPs want to stop the Bank of England mistakes?
John Redwood's Diary
by johnredwood
4d ago
The political classes seem incapable of understanding why we have so many boom bust inflationary cycles. I want more MPs to be demanding a change of policy by the Bank so we can have a growth policy with lower tax rates and better funded core public services. It is no accident or external force which gave us an inflation in 1975. It was the  Bank conducting a policy called competition and credit control badly leading to fast money growth and a secondary banking crisis. In 1977 it was an overspending over borrowing Labour government which ended with a humiliating trip to the IMF to bail us ..read more
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Gradual introduction of a smoking ban
John Redwood's Diary
by johnredwood
4d ago
The Commons is being offered a free vote on the introduction of a smoking ban. Over many years the ban would gradually extend from young people to older people. I have received little feedback on this topic. I am interested to hear from constituents who have strong views either way on this proposal. I would like to take into account constituency opinion before voting ..read more
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