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Owning your own home was “a fantastic, mobilising, motivating thing that drives people’s thoughts and passions and engages them deeply”, Johnson said, lamenting that the proportion of 25 to 34 year-olds who did so had fallen 20 per cent in a decade.” – The Times Decades-long fixed-rate mortgages and compulsory insurance against defaults are the key options being examined by a review… Vowing to set out reforms to reduce the cost of food, energy, transport and childcare, Johnson chose yesterday to focus on housing and vowed to “finish the right-to-own reforms Margaret Thatcher began in the 1980s”. “The prime minister has promised “many more” 95 per cent mortgages to help first-time buyers on to the housing ladder as part of plans to “unbolt the door” to home ownership for more than four million people. Johnson 2) …as he promises ‘right to buy’ for four millions Britons… Where’s the big idea? What’s the offer to the country?
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Andrew Bowie in Comment: I’m a Conservative MP and I ask.The Prime Minister dished out chunks of prime tenderloin for the Tory faithful – Henry Deedes, The Daily Mail.Johnson is raiding the politics cupboard for his cure-all policy omelette – Madeline Grant, The Daily Telegraph.Hallelujah! The great splurge artiste plies a more humble trade – Quentin Letts, The Times.Churchill faces two votes of no confidence…and he seemed to do okay – Leo McKinstry, Daily Express.Cost of fuel is nothing short of a national emergency – and oil bosses are laughing at us – Robert Halfon, The Sun.Johnson is losing his hold on the levers of power – James Forsyth, The Times.The Prime Minister can ease fuel prices pain – if he tells the Chancellor to take 10p off a litre – Editorial, The Sun.…as the cost of filling a family car hits £100 for the first time – The Times.Johnson ‘pushing for second fuel duty cut’… – The I.Hitting reset: The Prime Minister’s numerous attempts to reboot his Number 10 image – The Guardian.But sustained tax cuts would require a reduction in the size of the state following a period of ‘phenomenal corporate welfare’, he said.” – The Daily Mail He said he was determined to lower the record tax burden, which he described as an ‘aberration’ caused largely by the ‘fiscal meteorite of Covid’. Echoing both Margaret Thatcher and Ronald Reagan, he said there were many areas where the Government should ‘simply get out of the way’ and let people get on with their lives. In his first major speech since this week’s bruising revolt against his leadership, the Prime Minister signalled a drive to cut the size of the state in the wake of the pandemic. And he indicated he will start by reducing tariffs on imported food. “Boris Johnson revealed a Thatcherite streak yesterday as he pledged to slash government spending and cut taxes.
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Newslinks for Friday 10th June Johnson 1) ‘Bullish’ Johnson ‘unleashes his inner Margaret Thatcher’ as he pledges to cut taxes, slash spending, and remove tariffs…