George Bridges was chairman of the House of Lords Economic Affairs Committee from January 2022 to January 2025
‘I told you so’ – the most irritating four words in the English language, dripping with self-satisfaction and schadenfreude. So, forgive me. A year ago I – or rather, ‘we’, the House of Lords Economic Affairs Committee of which I was chair – told you, the great British public, that the UK risked economic catastrophe. A
Donald Trump’s political and legal assault on the Federal Reserve has provoked concern and indignation from the defenders of central banks’ operational independence. Amid the sound and fury, some simple points are being forgotten. Whether or not this distracts central bankers from their main goal of controlling inflation is a matter of debate First, public
What’s the point of Brexit? We are told it is to take back control, but that is a means to an end: what is the end? The current answer is another slogan, ‘unleashing Britain’s potential’, which strings together a collection of policies: trade deals with non-EU countries that, to date, largely replicate existing deals; tougher
Wars reshape states. The powers and size of governments grow. Economic activity is controlled or subsidised. Liberties are curtailed. Identity cards, rationing, censorship: the rights of the individual and freedom of speech are subjugated to a national effort to win the war. Lifestyles change, and so do societies. The struggle against Covid, if not exactly
Management books often repeat the dictum: ‘If there’s one thing worse than making mistakes, it’s not learning from them.’ So let’s apply that smug little idea to Brexit. Before I start, a couple of housekeeping points. I voted Remain, but believe we must leave the EU and honour the referendum result. Second, as a former
A new baby boom is reaching school age, and we’re not prepared Some time in the next week or so, all being well, my wife will have baby number three. That means more hours spent in Battersea Park’s playground, a flocking place for parents who inhabit that sliver of south-west London known as Nappy Valley.
There may be a lot of debate about what the “big society” means, but there’s one thing we should all be able to agree on: we live in a big society – and it’s getting bigger. 62 million today. 64 million in five year’s time. And then on up to 70 million by 2028, according
The Conservatives have proved unafraid of making enemies with their cuts. It’s less clear that they know who their friends are With all the spending review figures published, one question still hangs in the air: whose side is the coalition on? Families with teenagers? No, they’ll be hit by higher university fees. Families where the
George Bridges on the part played by his great-grandfather, Robert Bridges, in the composition of Parry’s music to Blake’s lyric: too precious, he says, to be hijacked by separatists I suspect you had better things to do last Friday evening than stay in to watch the English Democrats’ party political broadcast. I missed it. In
When London radio news is being sponsored by a firm of bailiffs, you know something bad is happening. ‘Helping landlords get what they’re owed’ runs the cheery slogan at the end of the bulletins. As bad as the financial headlines are, this tells a bigger story than anything captured in the headlines — proof that