The government shouldn’t pin all of its hopes for economic growth on the finance industry
Such a strategy was tried in 1970s and came to grief in the mid-1970s secondary banking crash.
Such a strategy was tried in 1970s and came to grief in the mid-1970s secondary banking crash.
‘Unless economic growth delivers material benefits for more of us, Starmer risks suffering the same fate as US President Biden.’
The Prime Minister Keir Starmer has laid out the six new milestones for his government as part of Labour’s Plan for Change.
Let’s build the future we want to see, not destroy it.
Deregulation creates opportunities for bankers to take reckless risks with other people’s money, collect bonuses and destabilise economies.
In 2015, the Independent Airport’s Commission (led by Sir Howard Davies) concluded that, by 2060, a new runway at Heathrow would create £147 billion for the UK economy.
‘With the full approval of the state, too many industries are dominated by organisations of dubious practices, if not downright criminal activities.’
Labour have highlighted the need for tough choices
“Did Labour want that inheritance? Absolutely not.”
The government will need to abandon Tory economic policies, redistribute income and wealth, eradicate poverty, strengthen worker rights, and take essential services in public ownership.