How Short-Termism Is Destroying the UK’s FutureWatch this video on YouTube Back in 2010, when Nick Clegg was asked about nuclear power he said it was pointless because it wouldn’t be ready until 2022. As it happened, 2022 came and went, with an unprecedented surge in global energy prices. Although this was ironic bad luck, …
After the housing crash of 2009, many houses were bought at discount prices by buy to let landlords, and the share of buy to let rose to a record share of the market. But, 2016 was a turning point, with government legislation imposing higher tax rates on landlords in an effort to reverse declining home-ownership …
In the past four decades, China has undergone a genuine economic miracle. 800 million people have been lifted out of poverty, through economic growth that has often averaged close to 10%. China’s rise has changed the world. Our shops are flooded with cheap Chinese consumer goods, and many of our factories closed down. China went …
In the past few years, the UK has seen a rise in the tax burden, but at the same, the UK has seen a reduction in the average rate of economic growth. Is low growth leading to a higher tax burden or is it the high tax burden which is itself contributing to sluggish growth? …
New Labour – The Economic Impact of Blair and BrownWatch this video on YouTube By 2007, New Labour had presided over the longest period of economic growth in the post-war period. It was the goldilocks economy with low inflation, low unemployment and an impressive rise in spending on the NHS and education. But, the devastating …
Why Norway Became Rich From Oil But The UK Lost OutWatch this video on YouTube Norway and UK are neighbours, separated only by the North Sea, with its rich mine of oil and gas reserves, but whilst Norway has used its good fortune to become the richest country in the world. The UK’s oil bonanza …
Since privatisation in 1989, water bills have risen 40% and the industry is profitable for shareholders. Yet are households getting benefits? In recent years, we have seen a surge in the discharge of raw sewage, hosepipe bans and a lack of investment. OFWAT, the water regulator recently stated. “For some companies, poor performance has become …
In 1974, the National Institute for Economic & Social Research made a report about the UK economy, concluding: “It is not often that a government finds itself confronted with a possibility of a simultaneous failure to achieve all four main policy objectives: adequate economic growth, full employment, a satisfactory balance of payments, and reasonable, stable …