Ellie speaker at Policy Forum for London event

Ellie was recently invited to speak at the Policy Forum for London’s event on the priorities for developing London’s night time economy. Specialising in the economic impact of developments and proposals, Ellie spoke about London’s night time economy hotspots and historic growth, as well as the business case for the Night Tube. When thinking about the […]

What changes could Hyperloop deliver?

Hyperloop One

The last in our series of blogs on WEBs. Having worked on the Hyperloop projects, Volterra Partner Paul Buchanan looks at the impact futuristic modes of transport have on WEBs. WEBs and Hyperloop I have been lucky to work on four or five Hyperloop projects; this means thinking about the impact of Hyperloop on where […]

The history of Wider Economic Benefits (WEBs)

Commuters

Paul Buchanan started WEBs, secured the original approval of WEBs by government and has continued to develop the techniques and spread the application of WEBs ever since. This series of blogs looks at some of the key changes and innovations that were introduced over time. They range from the original work on Crossrail, through early […]

A planning crisis

geograph-4895165-by-David-P-Howard

Partly due to its success in attracting jobs and talent, demand for housing in London has outstripped supply and now home ownership is unaffordable for many households. In a well-functioning market, increases in house prices should incentivise large scale housing development. But this simply has not happened. So what is constraining housing development in the […]

Blame restrictions on the supply of land for new homes for rising wealth inequality

Fields of Gold

Official data released last week on London house price increases in 2016 generated a lot of interest.  Given that housing represents by far the most important component of wealth for most people, it is not surprising that stories like this are read avidly. There is a feeling that the current situation regarding the affordability of […]

Forward guidance is just another delusion foisted on us by mainstream macro

The governor of the Bank of England, Mark Carney, was on good form last week when he appeared at the Treasury Committee of the House of Commons. Asked what “forward guidance” meant, he answered smoothly: “The thing about forward guidance is that it is guidance that is forward. Which is not to say it is meant to […]