Take it back now: How Labour would nationalise energy

Recent years have provided respite for those who thought Down’s median voter theory – that democratically elected parties converge towards the centre – was fine and good but basically quite boring. On the left, the Labour Party has shifted its position on fundamental issues like the role of the state in the economy. As weRead more

Considering a Corbyn Government

A WA series on the Labour Party, and what a Labour government could mean for UK investment activity. With aggressive signals that a Labour government would “intervene to prevent hostile takeovers” through a broadened public interest test, scrap PFI and nationalise existing contracts, and reform taxation to treat carried interest as income rather than capitalRead more

Dial 114 for funds, the cracks in local authority finance

Conservative run Northamptonshire Council has become the first local authority in two decades to signal it is close to bankruptcy. The council issued a section 114 notice this month banning expenditure on all services except those it has a statutory obligation to provide to safeguard vulnerable people. The Council Leader cited “severe financial challenges” sayingRead more

The rural economy: beyond farms and cattle?

While many of us wish we could trade our grey metropolis office for a stunning countryside view, the practicalities of doing so have always seemed out of reach. The traditional perception of the rural economy is one dominated by farming and forestry; an avenue for higher productivity, innovation and investment into a diverse range ofRead more

In-out source it all about

It’s now a little over a week since the collapse of Carillion and the implications of the construction firm’s collapse continues to dominate political discourse across Westminster (Brexit notwithstanding). The government is faced with the immediate question over what role they’ll play in helping resolve the crisis, while also being forced to think about introducingRead more

The nightmare after Christmas

The festive period feels like a long time ago for many of us, but the financial wreckage of Christmas sales still feels fresh on the high street. Concerns over the precarious state of Britain’s languishing consumer economy have intensified this week as several big retailers shocked investors with reports of weak Christmas sales. Marks andRead more

Forever in your debt

The bitter Phil 1.4 per cent in 2018, 1.3 in 2019, and 1.3 again for 2020. The uninspiring growth forecasts announced by the Chancellor at the Autumn Budget have left many pessimistic about the outlook for the economy, and the search for any markets showing signs of growth within the gloom even more acute. AndRead more

Bricks and mortar

From Lloyd George’s ‘Homes Fit for Heroes’ campaign after WWI to Margaret Thatcher’s ‘right-to-buy’ revolution in the 1980s, repeated UK governments have attempted to transform the UK housing market through ambitious policy proposals. Theresa May’s government now looks to have followed in their footsteps if last week’s ambitious Budget announcement outlining plans to build 300,000Read more