Overall, I still think that their re-use in the UK after the summer lull is evidence of the failure of the Government to think on the right margins.
Posts Tagged: economic growth
Richard Holden: This spring’s local elections. For levelling-up to work, we need local councils and leaders who back it.
The sad truth is that many local Labour councils and local bureaucracies don’t want it: they’re scared of it.
It accounts for a larger share of output and a much larger share of productivity growth in poorer regions of the UK
The Government can’t deliver levelling up without more supply-side change, localism and public service reform.
Greg Clark: Why we formed our industrial strategy. What it achieved. And how my successor can build on it.
It’s hard to think that the right future is to be a less research-intensive country than the rest of the world, and so I hope our commitment will endure.
Stephen Booth: Opportunities for an agile, creative Britain from Brexit – as spelt out by former Remainers
Lidington writes that “the UK has the potential to be world-leading in areas such as fintech, life sciences, artificial intelligence and genetic modification”.
Providing small businesses with technology and training will accelerate our recovery from Coronavirus.
Japan, Korea, Taiwan and now China, have all invested heavily in new technologies – through government support for new industries.
The Budget was, if truly honest, a sign that the Government shuns spending cuts and embraces tax rises – which is ultimately unsustainable.
Ryan Bourne: Why is Sunak so taken with tax hikes – when the tax burden is forecast to be its heaviest for 70 years?
Conservative messaging implies an implicit belief that there are no major state functions ripe for reform in any fiscal repair.
Richard Holden: The Chancellor shouldn’t try to win a spending arms race with Labour – which we would lose anyway
Perhaps the simplest way of putting it is: it’s all about economic credibility, stupid. Because come 2024, it certainly will be.
Garvan Walshe: We can be sure that those who have been vaccinated won’t die of Covid. So the case for lockdowns is vanishing fast.
It’s one thing to endure them to prevent people dying, and for a relatively short period of time; quite another because we might return to this situation.
Ryan Bourne: The lifting of lockdown. Yes to prudence but no to pessimism. The projections of these gloomy scientists seem absurd.
If first dose efficacy proves strong, the Prime Minister will have to break with those who fail to think about the marginal costs and benefits of shutdowns.
“We have been terrific at pure research, and useless at translational research.” What our industrial strategy should aim to change.
The best way of thinking about it isn’t to fix one’s gaze on direct subsidies, but to look wider – at our failure to turn British ideas into British prosperity.
Will Tanner: Covid and vaccines. Imagine what would have happened if we’d junked intervention – and opted instead for laissez faire.
The first piece in a ConHome mini-series this week on industrial strategy after the pandemic.