There are special gains in luxury cars, migration and services – as Australia looks away from the Pacific and we stride in into the wider world.
Posts Tagged: Productivity
I hesitate to disagree with Daniel Finkelstein, but city growth has been powered more by smalltown commuters than flat-cap wearing uber-boheminans.
His, Williamson’s and Johnson’s intent to rebalance higher and further education reflects their Red Wall-focused vision – but will it happen?
This is the second in a three-part series on how to boost our economy after Coronavirus.
This ambitious business case is based on our experiences not only of recovering from the last downturn, but on the successes of the last three years.
The Government can avoid worsening it. But that requires as bold a deviation from ordinary policy as the extraordinary relief efforts we saw before.
When used against an indiscriminate shock like the Coronavirus, it can become a huge weight on the private sector.
Neil O’Brien: We are on a terrible course. But some people are still messing about as though this were a game.
With the bazooka being well-wielded by Sunak, it seems almost churlish to suggest some further things the Treasury could do. But here are three.
Budget 2) John Glen: The challenges we face of the virus and of weak productivity can’t be met by the repetition of small state mantras
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.
The Coronavirus will punch a hole in Sunak’s sums sufficient to throw levelling-up, Boosterism, Brexit bonuses – what have you – off course.
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.
My answer would be “maybe, provided the spending or tax cuts significantly improved our growth potential.”
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?
The Government needs to listen to its critical friends and produce fast reform of this scheme to help Britain compete.
Its success in innovative industries is based on an R&D-intensive, novel-product-based, export-oriented business model. One that the UK should adopt.