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The bonfire of the inequalities
Matthew Lockwood on the aftershocks of the financial crisis that continue to reverberate through real economies and government budgets around the Western world.
Cameron’s reforms risk being undone by weak accountability structures
ippr's Jonathon Clifton argues David Cameron’s reforms to public services risk being undone by the weak accountability structures he is putting in place.
The British voting system is broken
The Institute for Public Policy Research's Richard Darlington argues that the UK’s voting system is now broken and the era two party politics is at an end.
Creative destruction – a 21st century progressive growth story
What will drive long-term growth in the UK economy? With the growth White Paper now kicked into the long grass, it looks as if the Government doesn’t have an answer to this question, at least not now. At the same time, since the New Labour boom years ended in financial bust, the centre-left also needs a new story. There is much talk of the need for green growth, and ‘rebalancing’ the economy away from finance, often towards manufacturing, but no overall narrative on what will be the motor of growth after the crisis.
Immigration cap turning into a major headache for the government
The Migration Advisory Committee (MAC) has today published the findings of its report to the government on the recommended level for the proposed cap on skilled immigration from outside the European Union. The report demonstrates the scale of the task which the Government has set itself by committing to reduce net immigration to the tens of thousands from the current level of almost 200,000.
OECD forecasts modest growth for UK economy
The OECD released its latest Economic Outlook today, setting out its forecasts for developments in its member countries. It is supportive of the UK government’s fiscal tightening, describing it as “substantial but necessary”, but warns that it will, when combined with weak real income growth, mean moderate output growth over the next two years.