What does the Spending Review mean for growth in our cities?

Everyone knew there would be very little money to spare in Wednesday’s Spending Review and Thursday’s ‘Growth Statement’. The slow recovery of the national economy has put paid to any attempts to move away from ‘austerity’, so departmental cuts of up to 10 per cent came as no surprise.

Vince Cable’s New Statesman article makes plain the need for a new economic strategy

Against the backdrop of the loss of the triple-A rating much coveted by Conservative Ministers – and trivialised by others – Cable is right again. Wednesday’s remarkable New Statesman article makes plain the case for a new economic strategy, and the need for as elegant as possible a reversal of Osbornomics that was itself eclipsed by Cable in the economic debates of 2010.