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GDP growth is built on pillars of sand



In response to today’s announcement that GDP grew 0.8 per cent between June and September building on the previous quarter’s 0.7 per cent increase, David Cameron said the economy had “turned the corner” and George Osborne that the country was...

Super-gentrification, inequality and Islington

London has become a breeding ground for inequality. Growing income disparities and the widening gap between the housing haves and have-nots are becoming increasing visible. Nef’s recent research in the London Borough of Islington exposed not only the extent and speed...

The inequality of happiness

On Friday the Office for National Statistics (ONS) will publish its latest GDP estimates, which many economists expect to show a marked improvement in UK growth. Not so very long ago an orthodox, if not unarguable, view was that improved...

2030 Vision

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...

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