It’s that time of year again – the ‘big six’ energy companies have started announcing inflation busting price hikes, to hit just as the cold winter months set in. Today, British Gas announced a hike of nine per cent, following...
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Populism – characterised by an appeal to the masses against elite institutions – has found fertile ground recently. The frenzied subprime lending of banks illuminated just how reckless, and in some cases just how corrupt some of the most powerful...
At the Labour Party conference in September Ed Miliband spoke about the dangers of a race to the bottom – of falling real wages and problems inherent in the unfair distribution of the benefits of growth. And if a rising...
The report looks at spending pressures over the next two decades and how government might respond and also makes recommendations about how to improve the process, planning, and effectiveness of public spending.
October 2013
When the global financial crisis came, as Chairman of the House of Commons Treasury committee, I witnessed the power of public spending to mitigate economic calamity. In the decade I led the committee’s work, I also saw the difference spending...
When a reshuffle is in the air, everybody can sense it. Ministers and their shadows pop up on the television a lot more, make far more interventions. The press is full of endless speculations. Who’s in? Who’s out? Who’s up?...