To level up, Boris Johnson needs to build homes in satellite towns

A key priority for the government is to revive the fortunes of Britain’s old industrial towns.  Boris Johnson promised to bring jobs and skills directly to these areas, so people no longer need to leave in order to prosper. The economic revival of regional cities in the past two decades or so has put even […]

Keir Starmer still has time to shine as Labour leader

Since last summer, Starmers have been the stock to short.   In June, the Leader of the Opposition enjoyed a net approval rating of plus 31 per cent. The latest polls show this has fallen into negative territory.  But as with all stocks, past performance is not necessarily a guide to the future. In terms of […]

Government scientists must be transparent about flawed Covid models

The strength of the economic recovery as Britain emerges from lockdown is a hotly contested subject among economists. Some believe there will be a massive surge in demand as consumers celebrate their freedom, others argue it will take time to claw back confidence.  Economic forecasts are subject to the same faults as any projections, as […]

The curious case of Boris Johnson’s popularity after a year of lockdowns

In 1993, economics Nobel Laureate Daniel Kahneman published a paper with the enigmatic title “When More Pain Is Preferred to Less”. He and his colleagues conducted two experiments with the same group of people.  In the first, the participants had to hold their hand in cold water for a specified time.   They had to keep […]

Calorie counting gimmicks and sugar taxes won’t solve obesity crisis

In the early days of the pandemic obesity was identified as a key factor behind hospitalisation rates and deaths from Covid.  The Prime Minister knew this personally, from his own brush with mortality last April. This is on top of the already well-established links between obesity and other life-threatening conditions such as Type 2 diabetes, […]

Budget 2021: The political consensus on low taxes could be completely wrong

In the run up to most Budgets there is almost always one key question shaping debate: should the screws be tightened or the floodgates opened? This time round, a near unanimous consensus has arisen. Taxes should not go up, for fear of jeopardising the recovery.  Even the Leader of the Labour Party has signed up to […]