The Daily Mail is reporting that John Redwood, the wealthy ex-banker, second-home flipper and Tory cutter-in-chief, has written this on his blog:
If you are living a middle-class lifestyle and your income goes down by 10 per cent you have plenty of options.
You can holiday nearer home and cut out the foreign trip. You can eat at home more than in restaurants. You can trade down for a cheaper car.
You can draw some money out of the savings account to tide you over until your income goes up again.
You can buy more of the value items at the supermarket and put more vegetarian dishes into menus.
You can discover home entertainment to keep the leisure bill down. You can turn down the thermostat a little and put on a jumper.
Oddly, however, the words currently don’t appear on Redwood’s blog. Did someone tell him to take them off? I am trying to get hold of Redwood to find out what’s been going on.
Meanwhile, to read Mehdi Hasan’s column on the return of the “Nasty Party”, click here.
UPDATE:
It turns out that the blog post the Mail is reporting tonight is from 21 June. You can read it here.
UPDATE:
Redwood has now posted a fresh blog, entitled, “The Mail gets it wrong . . .”:
The Mail have put up a piece suggesting I have been giving post-Budget advice about family budgets. Far from it. I have offered no such advice.
Well before the Budget I was talking here about the state cutting down its middle-class lifestyle — too many foreign trips and consultants. I drew an analogy with what middle-income shoppers have done if their income falls. I made it clear that if you are on a low budget you cannot cut easily.
They should try reading it instead of twisting it.
Content from our partners
Related
