The UK is an imperial nation without an empire that needs a new vision of its future UK prime minister Liz Truss’s resignation announcement after 44 days in office is the product of long-term trends not something new. It looks…
Tag: UK
Comedy, Britain’s fiscal rules and Rishi Sunak’s budget
Will UK Chancellor of the Exchequer Rushi Sunak’s budget be (yet) another comedy show? Ahead of UK Chancellor of the Exchequer Rishi Sunak’s budget statement on 27 October, the New Economics Foundation (NEF) has released a report about “rules” that…
Intangible capital can pay for Sunak’s long-term Covid plan
UK Chancellor of the Exchequer Rishi Sunak is planning to announce a long-term post-Covid economic plan in his annual budget statement on 3 March. It’s likely to include higher spending on the National Health Service and support for businesses hit…
Britain’s Rubber Brexit: soft and flexible
PM Boris Johnson yesterday signed the Trade & Co-operation (TCA). It will define the UK’s future relationship with the EU to replace Britain’s full membership which ended on 24 January 2020. The TCA has more than 1,200 pages and was…
The right way to run a railway
The announcement yesterday that the UK government had decided to withdraw the concession for services on the London to Edinburgh route from a joint venture between Virgin and Stagecoach has stimulated debate about the merits of private ownership versus public…
It’s capital not labour that should be controlled after Brexit
People should be free to move to improve their lives, but the practical objections are substantial. The majority live in countries with GDP per capita lower than the global average. In most, infrastructure and essential health and education services are…
Railways and the rise of the service economy
New figures show that 1,625m passenger journeys were made on UK railways in the 12 months ending September this year. This compares with 800m in 1997. Some argue this shows the success of railway privatisation brought about by the Railways…