“The UK government’s imposition of VAT on schools will raise less money than they calculated, and might well cost them money. Private schools now charge VAT at 20% on fees, and the government collects that revenue. On paper, this looks like a straightforward tax windfall. But several offsetting effects erode or potentially reverse the gain. Families who can no longer afford fees pushed up by 20% are withdrawing their children and placing them in state schools, which the government must fund. Estimates run as high as one in ten leaving private education. Each additional state school pupil costs roughly £7,000-£8,000 per year. If enough pupils switch, this spending can outweigh VAT receipts. Private schools, now VAT-registered, can reclaim VAT on their own purchases such as building work, supplies, etc., something they couldn’t do before. This reduces the net VAT take.” (05/11/26)
“Catherine West, the Labour MP who announced a challenge to Keir Starmer’s leadership, has changed course to say she instead wants the prime minister to set a timetable of September for his departure. West, the MP for Hornsey and Friern Barnet and a former Foreign Office minister, announced on Saturday that she would seek to gather the 81 Labour MPs’ names needed to formally challenge Starmer, saying this was just a device to tempt others to stand and that she did not wish to take over. In a statement released after Starmer’s speech on Monday morning in which he said he would fight on despite terrible results for Labour in elections last week, West called for an orderly process for Starmer to depart.” (05/11/26)
“Samantha is joined by Elizabeth Wilkins, president of the Roosevelt Institute, to discuss the economic debate that’s roiling the Democratic Party–whether to lean in to Republican slopulism about tax cuts, or to embrace broad social programs funded by a broad tax base.” (05/11/26)
“President Donald Trump’s most recent pick for the office of U.S. Surgeon General, Nicole Saphier, is a source of tension between the MAGA and MAHA factions of his supporters. Given that she’s the president’s third pick for the slot, the administration would undoubtedly just like to put disputes over this one office behind them. But there’s an easy path to a conflict-free resolution: The Trump administration could leave the Office of the Surgeon General unfilled and push for its abolition. … the Surgeon General doesn’t really have a clearly defined role or a good reason to parade around in a quasi-naval uniform. That is, unless you like the office’s transformation into a national nag that lectures Americans on whatever alleged lifestyle sins most annoy the current Surgeon General.” (05/11/26)
“As a progressive economist, I wrote a paper in 2021 with a generally conservative colleague, Kevin Hassett, who now directs the National Economic Council in the Trump White House. We agreed then on the basic arithmetic of the American retirement crisis. We still do. That’s why people like him and people like me can all say: Trump’s executive order establishing TrumpIRAs, signed last month, is simply the right move for American workers.” (05/11/26)
“The European Union on Monday imposed sanctions on 16 officials accused of helping Russia to abduct tens of thousands of children from Ukraine and force many to change their identities or be put up for adoption. Sanctions were also slapped on seven centers suspected of indoctrinating the children or training them to serve in the armed forces, either for Russia or pro-Russian militias inside Ukraine. Over 130 people and ‘entities’ are now under EU sanctions over the abductions.” (05/11/26)
“According to the White House website, Trump warned Iran against having nuclear weapons on 74 occasions prior to the war. Since the war began on February 28, 2026, Trump has discussed Iranian nuclear issues in at least 20 documented public appearances, based on the Senate Democrats’ Trump transcript archive and Roll Call’s Factbase transcript database. … But Trump’s claims are not supported by the record. In fact, official statements from U.S. intelligence, the State Department, the IAEA, and others state that Iran does not have a nuclear weapon, is not currently building one, and does not seek to build one.” (05/11/26)
“Tel Aviv has controlled the talks from the beginning and as a result Hezbollah is stronger. Time for Washington to learn from history and take the reins.” (05/11/26)