Kudos to Gordon Brown. The former Labour Prime Minister and Chancellor is at least coming up with bold ideas to tackle soaring energy bills. Unfortunately, his ideas are not new, and they are not good ones either. Brown’s starting point is that the energy price cap should be ‘suspended’ before the results of the latest … Continue reading Nationalisation of energy suppliers would solve nothing – and could make the crisis even worse
Is ‘Brexit Britain’ really the ‘sick man of Europe’?
If you believe some of the headlines, the global economic shocks are already hitting ‘Brexit Britain’ much harder than other countries. Even the Bank of England governor, Andrew Bailey, has warned that inflation is set to be higher for longer in the UK, and growth weaker. The IMF, OECD and currency traders all apparently agree, … Continue reading Is ‘Brexit Britain’ really the ‘sick man of Europe’?
State aid remains a slippery slope
The Government is delivering on another Brexit pledge. Kwasi Kwarteng’s Department for Business, Energy and Industrial Strategy has unveiled a new subsidy framework which takes back control from Brussels. The UK will break free from the EU’s bureaucratic state aid regime, allowing our government to provide quicker and more flexible support to UK businesses. That, at … Continue reading State aid remains a slippery slope
Labour’s ‘free broadband’ would come at a heavy price
The Labour Party has set out plans “to deliver fast and free full-fibre broadband for all by bringing parts of BT into public ownership and creating a new British Broadband public service”. This is bad economics. There is no doubt that the wider availability of broadband would be a ‘good thing’. Indeed, the case was … Continue reading Labour’s ‘free broadband’ would come at a heavy price