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 […]
Almost lost between this week’s national mourning (in England anyway) over the World Cup, and the endless Westminster fantasy-football speculation about who’s going to be in or out of Andy Burnham’s first cabinet, was an oh-so-British announcement about Dartmoor ponies. The endangered breed had been put in further peril by Natural England’s plans to protect […]
Below is a speech incoming Prime Minister Andy Burnham could give – one that would unite the country around a shared vision of prosperity. Prosperity for All My fellow citizens, Today, as I stand before you as your Prime Minister, I want to cut through the political noise and give you the unvarnished truth about […]
The way we as consumers engage with news, TV and online media is continually evolving. Traditional TV has been increasingly usurped by streaming services. Apps like YouTube are taking up a greater share of viewers’ time and are now successfully competing with the likes of Netflix. It is natural that in this environment competition is […]
In Gordium, the capital of Phrygia, stood an oxcart, its yoke connected to the pole by a knot of cornel bark so intricate that no one could find where it began or ended. An oracle promised that whoever undid it would rule all Asia. For generations, clever men picked at it, theorised, and organised what […]
For a nation of Nimbys, Britain – or at least London – is remarkably fond of its skyscrapers. We love them so much we give them cutesy diminutives like ‘The Gherkin’, ‘The Cheesegrater’ and the ‘Walkie Talkie’. We boast about vistas from which you can see them, marketing properties for their ‘stunning view of The […]
Barring some form of constitutional crisis, Andy Burnham will become Prime Minister. We do not even know who his new Chancellor will be, let alone what their policies and priorities are. However, whoever gets the top job at 1 Horse Guards Road, they should make tax reform their top priority if they want to bring […]
