In October 2022, as Liz Truss and Kwasi Kwarteng sent the pound downwards and interest rates skywards, Tony Yates offered an insight into why the financial markets were not giving the UK and even harder kicking. Writing in the Economist, Continue reading
There’s a lot of ‘End of an Era’, Turning Point’ and ‘Watershed Moment’ stuff around at the moment. The decision by Mc Donald’s to pull out of Russia after thirty years is another significant event. The three decades since the collapse of Continue reading
How is the government’s levelling up agenda going to work when so many forces are pushing in the opposite direction? The economic developments over the next year or so look set to hit hardest the parts of the country the Continue reading
The Resolution Foundation launched its Economy 2030 Inquiry last week. The 2020s, it says, will be a decisive decade for the UK in a way that no other decade has been since the 1980s. It listed five seismic changes that will hit Continue reading
The Labour Party is in danger of losing its nerve again. Ten years ago, the story that Labour spent all the money and caused the country s massive debt was allowed to go unchallenged. The Labour Party, paralysed by the shock Continue reading
Robert Jenrick made a big fuss about statues a couple of weeks ago. In a Sunday Telegraph article, he promised to save statues and street names from town hall militants and woke worthies . So great is the danger, he is Continue reading
Is the corporate zeitgeist changing? After 30 years of shareholder primacy and focus on shareholder value, the language seems to have shifted. In what may be a sign of the times, the FT has started a Moral Money Forum, focusing Continue reading
After four years during which Brexit dominated UK news, it still seems to have taken British businesses by surprise. As evidence of the disruption mounts, business groups are calling on the government to ‘do something’ to sort out the mess. Continue reading
We knew the latter half of 2020 would see arguments about Brexit, lockdown restrictions, masks and the US election. What we didn’t foresee was that, in many places, the row of the summer and autumn would be about Low Traffic Continue reading
The latest forecast for the UK economy from the Office for Budget Responsibility shows an almost-but-not-quite recovery. It starts off v-shaped with a rapid bounceback, then becomes tick-shaped as the recovery slows. The tick has a long tail and, over Continue reading