It may be necessary, given the Coronavirus, and could even work. But Britain has a long, long record of state spending failing to turbo-charge growth.
The Chancellor’s measures leave us well prepared to tackle its short-term challenges as well as helping to shape the long-term trajectory of the economy.
Plus: As of writing, I’ve had hardly any communications at all from constituents about the Coronavirus.
For the Conservatives to fulfil their promise of “levelling up” the UK, they must create ample employment opportunities.
For the good of passengers, taxpayers and the railway, this pre-internet system needs a wholesale reset.
We can’t continue to favour projects such as Crossrail over developing infrastructure in other parts of the country which generate much greater relative returns.
It may deliver better value than other mega-projects – more ‘levelling up’ across the UK and perhaps even help preserve the union itself.
If there’s one thing which ought to unite even the most passionate partisans of the different proposals, it’s the abject state of British decision-making on infrastructure.
We must level-up the country. By providing the funds we need, the Government will send a vote of confidence in the power of local decision-making.
An estuary airport was touted as his big idea on flight capacity during his time as Mayor of London. There’s nobody to stop him now.
Johnson and Shapps may lose a legal case over the expansion plan, and then decide whether or not to go to their favourite place – the Supreme Court.
My answer would be “maybe, provided the spending or tax cuts significantly improved our growth potential.”
To make the most of the policy’s potential, Government must pair it with a raft of other reforms.
“We can consign the next generation to overcrowding, standing up in the carriageways or we can have the guts to take a decision.”
Ministers have been asked to push the Government’s priorities – tackling crime, funding the NHS, “levelling up”. How can these be effected without faster growth?