Two years ago I helped write the opening chapters of the Tax Reform Commission. It was a great piece of work at the time. The work needs to be kept up to date and we need to focus on how tax reform is effected. I am glad that George Osborne has announced today that Geoffrey Howe will lead that work.
I'm also extremely glad that George keeps hammering home the comparison between the UK economy and the Irish economy. Only a few years ago Ireland was the poor relation over the sea. Now we look like being left behind. Part of that is due to business friendly taxation, part of it is due to excellent education and part of it is due to Ireland getting a decent share of EU investment over many years. All important lessons for the UK.