“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 →