“Treasury Orthodoxy” gets a bad rap. Shuffling responsibilities is pointless unless the policy choices improve. And the fiscal rules, OBR, and bond market vigilantes will all still be big constraints. Andy Burnham has announced that responsibility for national economic growth policy will move from HM Treasury to No.10 North. I am surprised that this announcement … Continue reading A sceptical first take on moving growth policy from HMT to No.10 North
Tag: economy
Weekly wrap – Has Andy Burnham already run out of ideas?
Including thoughts on the PM's “everyday fixes”, why we shouldn’t pick on mandarins, the downsides of emergency alerts, seasonality in the GDP data, and who is really “queuing up” to join the EU… Theme of the week Andy Burnham’s latest big idea is a series of “everyday fixes” to help with the cost of living. … Continue reading Weekly wrap – Has Andy Burnham already run out of ideas?
Weekly wrap – The heroes, villains, and victims of the Arday scandal
Like many others, I spent much of the week both amused and angered by the Jason Arday scandal (mostly angered). But there's also still plenty to write on the latest UK economic data and policy news. Theme of the week If you missed it (well done!), Jason Arday is a plagiarist, a serial liar and … Continue reading Weekly wrap – The heroes, villains, and victims of the Arday scandal
Weekly wrap – Is the NHS really a good model for social care?
A review of news over the past seven days, including thoughts on Burnham’s ambitions for a National Care Service and the case for a small increase in interest rates (“a stitch in time...?). Theme of the week Some first thoughts on Andy Burnham’s ambitions for a National Care Service (NCS)... There are four key questions. … Continue reading Weekly wrap – Is the NHS really a good model for social care?
