Andrew Lilico and Helen Thomas

Rules versus discretion

Today’s White Paper on financial regulation avoids introducing some unnecessary regulatory changes at the expense of failing to introduce some necessary ones.  In particular, it fails to recognise the abject failure of Gordon Brown’s “tripartite” framework, in which prudential supervision of the banks was taken from the Bank of England and given to the FSA.

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Lucy Dunn

Wes Streeting’s ‘tough love’ approach to saving the NHS

The NHS faces an institutional and structural problem in the way it works, Wes Streeting believes. ‘Unless it changes, it’s not going to survive.’ The shadow health secretary’s ‘tough love’ philosophy suggests NHS bosses are very much mistaken if they expect much more generous health spending under a Labour government. Instead, Streeting has slammed the

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