The coming year looks like it will be a good one. At the start of each of the past five years, the economic scales have been tilted down, and the challenge has been to look for factors which might have tipped them back up. This year, the
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The end of a year is a good time to take stock. For the first time since 2007, prospects for the UK for the forthcoming year look unequivocally good. But looking back, just how bad have the last few years been across the developed world as a
Read more →London is changing. But then, it always is. The theme of my new book, ‘Reinventing London’ is that change is the lifeblood of a great city. Over the past thirty years it has replaced around 1 million jobs in manufacturing, largely around the edge of the city
Read more →The phrase ‘industrial policy’ seems to take us decades back in time. In 1964, a powerful catchphrase of the new Labour Prime Minister, Harold Wilson, was the need for Britain to embrace the ‘white heat of the technological revolution’. Sadly, by the 1970s this vision had deteriorated
Read more →Britain is becoming more sharply divided on ethnic lines, according to a study just published by the think-tank Demos. During the past decade, more than 600,000 white people have moved out of London to areas which are more than 90 per cent white. The effect is strongest
Read more →The World Chess Championship is underway, and the current champion – the Indian Viswanathan Anand – is trailing his young rival Magnus Carlsen by three to five. In the opinion of many, Carlsen is set fair to become the strongest ever human player. The match is an
Read more →At the Treasury Select Committee, in relation to HS2, Professor Graham said that it was important that we get these numbers right and in a scientifically rigorous way. Both he and Professor Overman attacked the work published by KPMG as not only insufficiently rigorous, but also on
Read more →Do consumer choice and competition between suppliers improve the quality of outcomes for consumers? The answer might seem so obvious to many readers that it is hardly worth asking. But a powerful strand of political opinion is building up to an attack on the concept. Mary Creagh,
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