β€˜Huge’ cost of aircraft carriers meant β€˜less scope’ for funding health and education

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  • Post last modified:13 July 2026

β€œVulnerable” aircraft carriers are about Britain β€œcounting for something in the world” and being an β€œeffective ally” of the US, declassified files show Tony Blair’s treasury secretary Alistair Darling told the prime minister that buying aircraft carriers was a β€œpolitical” rather than a military choice and would mean less funding for social services.Declassified files from 1998, Blair’s first full year in government, contain deliberations among officials and ministers on Labour’s manifesto commitment to replace Britain’s three aircraft carriers with the two new ones the UK currently possesses.Darling wrote to Blair in June 1998 about the carriers and the aircraft to go…

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Could we be about to get wealth taxes in the UK?

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  • Post last modified:13 July 2026

This is an AI-written (but human-edited) summary of Gary’s recent video: The UK is closer to wealth taxes than ever before The UK is currently closer to introducing wealth taxes than at any point in the last 40 years. In this episode Gary unpacks the current political situation in the UK, and a potential route to getting wealth taxes from it. The Political Context The Labour government in freefall. Keir Starmer, who won an electoral landslide just two years ago, is now among the most unpopular prime ministers in modern British history. Labour were routed in local elections. Living standards have…

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