The UK is in the grip of a housing crisis. This is nothing new; over the course of the second world war the UK lost almost half a million homes to a combination of the Blitz and doodlebug attacks. Add...
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The economy is growing, but where are the celebrations? The recent preliminary GDP figures showed 0.7 per cent growth in the last quarter of 2013, but the response has been muted. Business secretary Vince Cable pre-empted the figures by declaring...
The big news may have been restoration of the 50p marginal tax rate on the richest one per cent, but it was another part of Ed Balls’ speech to the Fabian New Year conference on Saturday that pricked up my...
On Friday, Labour leader Ed Miliband announced plans to break the monopoly of the big five UK banks, creating two new ‘challenger banks’ in a policy move designed to tap into raw public anger following the banking crisis, recent scandals...
1. Extend the narrative on injecting competition in dysfunctional markets
Breaking up concentrations of power in the economy has been a continual theme in the Labour leader’s vision of a new economy. Injecting greater competition into a banking system in which...
As the general election creeps into view, focusing Labour minds on how to draw together a wide-ranging policy review into a realistic programme for government, there is a growing debate on the merits of ‘predistribution’ in tackling inequality. Is it...