Category: Geopolitics

The hard sell: Britain needs to step up to fund its own defence

The BBC is reporting today that the Prime Minister is considering a significant increase in defence spending or, more precisely, that Keir Starmer is looking at bringing forward increases that have already been promised. The Labour government has previously committed to raising core defence spending from a little under 2.5% of national income currently to the new … Continue reading The hard sell: Britain needs to step up to fund its own defence

Does the UK’s weak growth in GDP per head really “lay bare the full costs of Brexit”?

Many people have asked me about this chart, which appeared in David Smith’s regular (and usually excellent) column in the Sunday Times this weekend. The chart shows that GDP per head has grown much faster since 2016 in the euro area than it has in the UK – ‘nearly three times as fast’, according to … Continue reading Does the UK’s weak growth in GDP per head really “lay bare the full costs of Brexit”?