Andy Burnham's first week as PM has coincided with some better economic news. The more positive tone from No.10 may help a little further, but the inflation and fiscal risks haven't gone away. Andy Burnham’s first week as Prime Minister has coincided with some better news on the UK economy and especially on business and … Continue reading Don’t bank on a “Burnham bounce”
Tag: business
Politicians should not play at being ‘tech bros’ with taxpayers’ money
The British Business Bank's much-hyped £25 million (yes, “million”) investment in Kraken is a perfect example of spin over substance. The Business Secretary, Peter Kyle, has long been on a mission. In January, speaking at the World Economic Forum in Davos, he promised to “bet big” and “pick winners” when taking direct government stakes in growing businesses. … Continue reading Politicians should not play at being ‘tech bros’ with taxpayers’ money
The Green Party’s pay cap policy is nuts
The Green Party has unveiled another set of policy proposals designed to “end the affordability crisis”, including universal support with energy bills this winter, free school meals for all, the introduction of rent controls, and joining a customs union with the EU. I would happily challenge any of these proposals. But the one that caught my … Continue reading The Green Party’s pay cap policy is nuts
It’s time to call out “Tesco derangement syndrome”!
One surefire way to harvest ‘likes’ on social media is to blame higher food prices on “greedy companies”. It is best to ignore the tediously repetitive posts from attention-seeking ‘engagement farmers’. But many people who might have some real influence are now pushing the ‘greedflation’ line too. Most strikingly, Sharon Graham, head of the Unite … Continue reading It’s time to call out “Tesco derangement syndrome”!
Plain-speaking Economics 