Tag: NHS

Lies, damn lies, and Spending Review soundbites

On Wednesday, Chancellor Rachel Reeves will present her ‘Spending Review 2025’. This will set day-to-day budgets for all government departments for the three years from 2026-27 to 2028-29, and investment spending plans for a further year, to 2029-30. As usual, many of the details have already been revealed. In particular, ministers have trumpeted a ‘transformative … Continue reading Lies, damn lies, and Spending Review soundbites

The Government should hold the line on public sector pay

The independent pay review bodies are reportedly set to recommend pay increases of around 3pc for NHS staff and 4pc for teachers. However, the Government has only budgeted for a 2.8pc increase for public sector workers. This is broadly in line with expected price rises over the coming year, but still higher than the Bank … Continue reading The Government should hold the line on public sector pay

Classical Liberal solutions to the productivity puzzle

Here are the slides from a presentation I gave at the IEA today on the slowdown in productivity growth in the UK and other major economies since the Global Financial Crisis of 2008 - aka the 'productivity puzzle'. It concludes with some proposed solutions in the Classical Liberal tradition... Classical Liberal solutions to the productivity … Continue reading Classical Liberal solutions to the productivity puzzle