On June 23 Britain’s grid came close to collapse. Despite energy minister Michael Shanks calling claims ‘scaremongering’, new whistleblower information shows the grid had indeed been pushed past safe operating limits. A leaked National Energy System Operator (NESO) document said that ‘system constraints were breached and system security was compromised’ – a damning indictment of […]
In his first days as Prime Minister, Andy Burnham announced a series of populist pledges that purport to address the cost of living, but fail to address the deep structural issues afflicting the British economy. Burnham will soon discover – like the four short-lived predecessors who held office before him – that the voters of […]
I’m 23. Like many of my friends, I endured the British education system all the way to university: GCSEs, A levels and then an undergraduate degree. Now, with little opportunity to progress in the small town we grew up in, those same friends are now looking to move to a city for work. For some, […]
Last week, Andy Burnham inaugurated ‘No 10 North’, his signature project, by working for the first time from the government’s new Manchester base, a self-styled ‘situation room for growth’. The symbolism was clear: power would no longer be concentrated in Whitehall. But the rhetoric remains stronger than the detail. The detail we have is concerning. […]
When Waitrose suspended mackerel sales over fears of overfishing, it was a warning. Weeks later, M&S followed suit. And as stocks continue to plunge, retail giants like Sainsbury’s and Morrisons sit poised to take similar action. The crisis in our seas has finally hit the supermarket shelves, but in reality, it runs far deeper. Today, […]
This week, Nimby Watch is in central London… Okay then, where are we this time? We’re in Belgravia, one of London’s swankiest neighbourhoods. Don’t say I never take you anywhere nice. Okay, fine. But neither one of us can afford anything here, as well you know, and I’m including coffee when I say that. Well… […]
It’s been a wild summer already. Britain’s onto its seventh prime minister in a decade, with Andy Burnham wasting no time rearranging the furniture – and, for part of the week, the postcode – of No 10. Outside Westminster, England gave us their best World Cup run in 60 years, though the trophy itself will […]
The Government is consulting on a requirement for the provision of pay details in job advertisements. This is part of a wider consultation being run by the Office for Equality and Opportunity (OEO) on equal pay and pay discrimination. The remorseless expansion of the scope of equality legislation never slows, driven as it is by […]
Britain’s spending and tax choices now fall to John Healey. My expectation? Higher spending, higher taxes and meaningless tweaks to welfare reform. Tuesday’s decision to cut VAT from domestic electricity bills could save the average household around £45 a year. Fine as far as it goes. But it will do nothing to boost productivity, stimulate […]
The media headlines all tell a consistent story about AI and employment: We’re doomed! ‘Robots may shatter the global economic order within a decade,’ says The Telegraph. ‘A World Without Work’ is coming, The Atlantic predicts. ‘The brave new world of robots and lost jobs’ is upon us, The Washington Post says. Most gloomily, Forbes […]
Yesterday morning, John Healey woke up for the first time as our country’s Chancellor. A dream come true perhaps – but the legacy he’s received from his predecessor is more the stuff of nightmares. The first figures out that day were the latest ONS stats on employment. Not a rosy picture. They show 160,000 fewer […]
As Andy Burnham stood outside Downing Street on Monday to launch his new regime, our new Prime Minister did his best to prove to his 349 parliamentary backers that they had made the right decision. Much of his speech was rhetorical filler. ‘I will put the care of people at the heart of everything I […]
John Healey is the eleventh chancellor since the 2008 global financial crisis. Some of his predecessors served only briefly, but the direction of travel has been clear, regardless of who occupied Number 11. Growth has been modest, living standards have stagnated and the public finances have deteriorated. The pandemic made matters worse, but the direction […]
In his first full day as Prime Minister, Andy Burnham has announced that VAT on household energy bills will be removed from October. While no doubt well intentioned, this would be a mistake. First, it is risky for the public finances. VAT on energy bills brings in a significant amount of revenue. The Government has […]
‘I’m personally convinced that our civilisation is approaching its end,’ wrote the British journalist Malcolm Muggeridge in 1980. ‘I think of St Augustine when, in AD 410, the news was brought to him in Carthage that Rome had been sacked by the Barbarians.’ Jim Callaghan was equally gloomy. In 1974, he remarked: ‘When I am […]
London is delivering the fewest number of homes since the Second World War. Over the past two financial years, London has started just 15,040 homes in total. Over the same two years, London’s housing target was 175,984. That means housing starts were only 8.5% of the target, a truly dreadful figure. London’s housing shortage stands […]
