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Energy & Environment

Britain is pricing its factories into oblivion

At its peak, Britain was known as the workshop of the world. Sheffield produced high-quality steel, Manchester still had a strong textiles sector and the West Midlands was world-renowned for its cars. Glasgow, Sunderland and Newcastle were shipbuilding hubs, Stoke-on-Trent produced ceramics.  Cities around Britain provided steady employment for skilled tradespeople, keeping communities together and […]

Energy & Environment

Britain needs builders, not bureaucrats

After nearly two decades of weak growth, stagnant wages and stubbornly high inequality – alongside one of the worst productivity records in the developed world since the financial crisis – Britain’s central problem is how to get the economy growing again. We don’t build enough homes. We don’t generate enough cheap energy. We don’t invest […]

Technology

Labour are squandering Britain’s AI opportunity

Britain stands at a rare strategic inflection point, embrace AI or continue on a path of sluggish economic growth for the foreseeable future. The International Monetary Fund recently forecasted that the energy shocks from the Iran war will hit the UK the hardest of the world’s advanced economies, cutting its estimates for UK growth this […]

Policy

Britain cannot plan its way to prosperity

The following is an edited transcript of Lord Wolfson’s keynote speech at the 2026 Margaret Thatcher Conference on Prosperity, organised by the Centre for Policy Studies, in which he argues that replacing Britain’s failed planning system would be the first step towards a freer, faster-growing economy. My father actually worked for Mrs Thatcher as her […]

Policy

Britain’s growth problem starts at home

The latest GDP figures out today will give Rachel Reeves some cause for relief. The latest estimates from the ONS suggest that the economy expanded at a rate of 0.5% in the three months to February 2026. A welcome change from the doldrums that characterised 2025. But one swallow does not make a summer, and […]

Regulation

Policy

Britain is pricing out its young

This week the IMF cut its forecast for UK growth by a hefty 0.5 percentage points to 0.8% for 2026, the sharpest downgrade of any G7 economy. The OECD last week went lower still, to 0.7%, leaving the Office for Budget Responsibility’s forecast of 1.1% looking increasingly optimistic. Britain cannot afford to persist with an […]

Economics

Why London’s dockless e-bikes are causing chaos

As London heads toward local elections on May 7, voters will hear plenty about housing, crime and the cost of living. But on the streets, literally underfoot, a smaller, more visible issue is shaping perceptions of how well the city is run: the explosion of dockless e-bikes. What should have been a triumph of consumer […]

Policy

When did Ofcom become the world’s morality police?

Ofcom’s determination to dictate to the world’s media what they are allowed to say continues apace. Its latest proposals are contained in an obscure-sounding draft rule just introduced by the Government called the The On-demand Programme Services (Tier 1 Services) Regulations 2026. This would essentially bring suppliers such as Disney+ and Netflix, and anyone else […]

Technology

British voters are backing AI

Despite reviving economic growth being an avowed priority for every government since the Covid-19 era, the record has been lacklustre. The obvious question is why? What are the constraints that hold back ministers who want to support investment, innovation and growth? Of course, there are some fundamental limitations that any government has to operate within. […]

Economics

Why ESG is now a tax on enterprise

British businesses have faced numerous challenges over the past few years, not least extortionate energy bills. According to the International Energy Agency, the UK has had the highest non-domestic energy prices of any member state, creating a significant barrier to growth and investment. What’s more, the government has imposed additional regulatory costs on businesses, such […]

Economics

Britain’s planning system is killing growth

Everyone talks about growth. How we don’t have it. How we desperately need it. From the Global Financial Crisis to war-induced energy crises to trade-crashing tariffs at the clicks of American fingers, our economy seems forever at the mercy of worldly vicissitudes. International onlookers could not be faulted for thinking that, for the past 18 […]

Policy

Punishing firms won’t fix Britain’s water crisis

As much as I hate to admit it, there is a lot to like in the Government’s water white paper. But there’s a reason for that: the best ideas are lifted straight from the Conservative Party. Stripped of the hollow slogans and performative toughness about tackling sewage that have dominated the debate in recent years, […]

Technology

Getting kids off social media isn’t common sense

In 2018, with ‘The Coddling of the American Mind’, Greg Lukianoff and Jonathan Haidt launched a sustained attack on what they called the culture of ‘safetyism’ in American parenting and on university campuses. Their target was the belief that children and young adults are fragile beings who must be protected from uncomfortable ideas and the […]

Policy

How Rachel Reeves can make the City great again

Rachel Reeves pulled out of an event at the London Stock Exchange yesterday at the last minute to join Keir Starmer in an emergency press conference, responding to Donald Trump’s latest gambit over Greenland. Reeves planned, in her abandoned address, to unveil newly revamped frameworks, which came into effect on Monday, designed to lead the […]

Policy

The real reason your rent keeps going up

Rents go up and up and up. That is how most people my age view their lot in the property market, particularly in London. A steady, year-on-year increase in rent eats up any increases in wages they earn and more. If you look at the statistics over the past few years, they’re right to think […]

Politics

Labour’s chaos is holding back Britain’s builders

Today’s S&P UK construction data should set alarm bells ringing in Number 10. Construction activity across housing, commercial and civil engineering has seen its steepest fall since the pandemic, with new orders nosediving and employment declining for eleven consecutive months. This is not a natural cooling of the market. It is the predictable consequence of […]

Politics

The UK is losing the race to cut red tape

As we head into the Budget, the Government continues to make all the right noises about growth. Yet the policy still falls far short of the rhetoric – as confirmed by the latest GDP figures, which once again painted the picture of a flatlining economy. The gap between rhetoric and reality is nowhere more apparent […]

Ideas

Prosperity through growth: a blueprint for Britain’s renewal

Economic growth has become the defining issue of our time. After years of stagnating productivity, squeezed living standards, rising taxes and ballooning government debt, the key question that our politicians are grappling with is whether we can reverse this decline and kickstart economic growth once again. This centrality of this to our politics is evidenced […]

Policy

Let’s make London the home of start-up capital

Britain has a long and proud history of innovation – stretching from the Agricultural and Industrial Revolutions right through to modern successes in the fintech and life sciences sectors. Unfortunately, in recent years another trend has emerged, of start-ups incubating ideas in the UK before listing their businesses overseas, primarily in the US. Of the […]

Ideas

Who really enshittified the internet? Not just big tech

Enshittification is everywhere. When the term was coined in late 2022 by the author Cory Doctorow, it swiftly went viral and became embedded in the lexicon. By the end of last year, it had been added to several dictionaries. The neologism describes the way online platforms degrade in quality as they prioritise profit. Sites lock […]

Regulation

Will Labour back Britain’s builders?

Angela Rayner’s resignation has left Britain’s housing ambitions at a crossroads. Her successor, Steve Reed, inherits a sector already in steep decline and faces an urgent choice: change course, or risk Labour’s central pledge of 1.5 million new homes slipping out of reach before the first brick is laid. The urgency could not be clearer. […]

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