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The Bigger Picture: The Budget March 2023

Gavin Oldham
Original Broadcast:

The Bigger Picture

The Bigger Picture: The Budget March 2023
UK Chancellor Jeremy Hunt sets out his Budget for growth. This is the unabridged recording, direct from the House of Commons on 15th March 2023.

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Gavin Oldham

Thought for the Week: Boris deserves credit for eventual Irish-EU pragmatism

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Boris deserves credit for eventual Irish-EU pragmatism
“Give your grace abundantly to our European Union Leaders, that they may lead with wisdom and insight”, prayed Archbishop John Sentamu in early 2019. But it only became possible to knock sense into Brexit negotiations with the EU once Boris, armed with his very direct slogan ‘Get Brexit Done’ and with his impressive parliamentary majority following the December 2019 general election, took the EU bull by the horns. We all knew then it couldn't be the end of the story and, sure enough, we now have the Windsor Framework: but let's give credit where credit's due. Background music: 'When Johnny Comes Marching Home' - Cooper Cannell

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Gavin Oldham

Thought for the Week: Coping with Change and Disaster

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Coping with Change and Disaster
The earthquake disaster in Turkey shows yet again how little we learn from the past, and the limited attention we give to planning for the future. Constitutional principles could do much to help - but are we making best use of them? Meanwhile insurers tend to refer to natural disasters as 'Acts of God', but such a description doesn't align with with the Christian understanding that the nature of God is love. In March 2020 we recorded 'Love at the Cutting Edge' seeking to provide an answer, and it's included as the second part of this commentary. Background music: 'Elegy' by Wayne Jones; and to accompany 'Love at the Cutting Edge', Gorecki's Symphony No. 3, first movement as performed by the Royal Philharmonic Orchestra in 1995.

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Gavin Oldham

Thought for the Week: Generation X in the Spotlight

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Generation X in the Spotlight
If you’re currently aged between 43 and 59, start watching the news carefully: the chances are that the Government has you firmly in its sights. Of course there's much talk of getting you back to work, if you're one of the 'economically inactive' following the pandemic — but they also have it in mind to make you wait a couple of years longer before your pension can start. For every downside there is, of course, an upside: but that flows 100% to the Government, since HM Treasury would see a windfall of c. £10 billion pa. Be prepared to roll your sleeves up, unless you can master new technologies! Background music: 'Officer of the Day March' by the United States Marine Band

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Gavin Oldham

Thought for the Week: Inter-Generational Rebalancing In Action

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Inter-Generational Rebalancing In Action
Everyone knows the key ingredients which provide the best opportunity for a young person to achieve their potential in adult life. Love and encouragement are right at the centre but, following close behind, there’s the need for some financial resources and life skills in order to give them the best opportunity for success. For young people in care, the last two of these plus plenty of encouragement are provided through The Share Foundation, which has just published its 2022 annual report. It also operates a major recovery campaign for the Child Trust Fund which focuses attention on supporting young people in low-income families throughout the United Kingdom. Background music: 'Ammo' by Density & Time

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Gavin Oldham

Thought for the Week: Leadership in Devolved Nations

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Leadership in Devolved Nations
Just as Nicola Sturgeon steps out of Scottish politics and Rishi Sunak struggles with the Brexit Protocol for Northern Ireland, my attention was drawn to some world-leading legislation passed by the Welsh Government in 2015: 'The Well-being of Future Generations Act'. Recognising the degree to which modern society impacts the future so much more than any of the generations which have preceded us, this Act is of constitutional significance — requiring public bodies to think about the long-term impact of their decisions, to work better with people, communities and each other, and to prevent persistent problems such as poverty, health inequalities and climate change. No wonder that it is attracting interest from countries across the world, offering a huge opportunity to make a long-lasting, positive change for future generations. Background music: Celtic Impulse by Kevin MacLeod, licensed under a Creative Commons Attribution 4.0 license https://creativecommons.org/licenses/by/4.0/

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Gavin Oldham

Thought for the Week: Male Headship and Putin

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Male Headship and Putin
Putin's two-hour monologue in Moscow last week sought to justify his assault on Ukraine with a raft of dogma, including a presumption of divine male headship — hardly the basis for economic and social justice for all. Elitist theories, whether based on gender, race or nationality, have no place in an egalitarian, peaceful world: it is men, not women, who start wars and fill the prisons. Likewise, Churches should not allow themselves to be drawn into defending masculinity in the nature of God. Background music: 'A Fool's Theme' by Brian Bolger Also: view https://www.shareradio.co.uk/media/8106/love-and-the-individual.pdf

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Gavin Oldham

Thought for the Week: Resolution in need of foundations

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Resolution in need of foundations
The Resolution Foundation's paper 'ISA ISA Baby' released last week drew a scathing response from This Is Money, and understandably so. Their analysis of the inadequate attention given to building savings and investment in low-income families was very much on target, but they chose to accompany it with an ill thought-out and uninformed attack on the most successful long-term savings and investment plan in the United Kingdom, the Individual Savings Account. The route to a more egalitarian form of capitalism is not by attacking aspiration by penalising those who are successful and thrifty. Savings are not just for a rainy day — they bring economic freedom. Background music: 'Resolution' by Wayne Jones

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Gavin Oldham

Thought for the Week: Solving the AI Challenge to Wealth, Control and Intelligence

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Solving the AI Challenge to Wealth, Control and Intelligence
The huge take-up of ChatGPT over recent weeks has brought the challenge of Artificial Intelligence into sharp relief. As the Chief Executive of its creator, OpenAI, said in one of his blogs, 'Artificial Intelligence will bring unimaginable wealth but, unless something changes, most of us will get none of it. We need a radical solution'. Conventional wisdom sees Universal Basic Income as the way through this dilemma, but this will only bring us more state intermediation and human subservience. We can put forward a better solution, by enabling all to share in the wealth that technology brings and to play their part in its future governance. Background music: 'Digital Solitude' by Silent Partner

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Gavin Oldham

Thought for the Week: Underlying Principles for Taxation

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Underlying Principles for Taxation
For the past 250 years, starting with Adam Smith, there have been valiant attempts to set out principles for taxation: but they have been principally domestic, and with no attempt to address inter-generational rebalancing. Without specific provisions requiring hypothecation of inheritance levies it's hard to see how disadvantaged young people can be empowered with resources and life skills so that all may share in future wealth creation. Don't expect change in this week's Budget, but the Treasury Select Committee should look again at the principles they established over ten years ago. Background music: 'Dark Alley Deals' by Aaron Kenny

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