Dr Gerard Lyons is a Senior Fellow at Policy Exchange
35 min listen
In this week’s episode: As the Liz Truss era begins, we assess the bumpy road that lies ahead of her. James Forsyth and Rachel Wolf, co-author of the 2019 conservative manifesto, join the Edition podcast (01:04). Also this week: From generation rent to generation buy: has Help to Buy been a success or a failure?
Levelling up is central to the Government’s policy agenda. But it has become an umbrella term for everything and anything – which while part of its success electorally, raises challenges in terms of tangible policy. To address this, last week the Government announced that Michael Gove is to be appointed as Secretary of State for
The Chancellor’s crisis management has been excellent. The Budget was another reflection of that, as Rishi Sunak unveiled further significant, targeted support to the areas of the economy that needed it most. Over the last year, fiscal policy has acted as the main shock absorber for the economy. Including measures announced today, a massive £352
London is Europe’s major financial centre and one of the world’s two leading financial hubs. This is unlikely to change following Brexit. Its main competition is with New York, Singapore, Hong Kong and other centres like Shanghai that will emerge in the coming years. However, the headline of today’s main story in the Financial Times proclaimed, ‘Amsterdam
Yesterday’s measures from the Chancellor were necessary. His timely assistance focused on a new targeted and temporary job support scheme to replace the expiring furlough, easing loan repayment terms for firms and a wider, more flexible VAT regime. One needs to examine the details of these to ensure that they are as comprehensive as they
44 min listen
London is the motor to Britain’s economy, so how can it rebuild after the pandemic? (00:55) How can the new Tory leader in Scotland, Douglas Ross, keep the United Kingdom together? (17:50) And why the looming conflict between India and China isn’t in Kashmir, but rather in the Bay of Bengal. (29:33) With economist Gerard
We should worry about what is happening to London. Our capital is, after all, the country’s economic powerhouse. It accounts for just under a quarter of Britain’s GDP. In fact, three of its now most deserted locations — the City, the West End and Canary Wharf — account collectively for an eighth of the nation’s
Last week the Prime Minister focused on ‘build, build, build’. For the Chancellor, it was ‘jobs, jobs, jobs’ on Wednesday as he outlined an ambitious and interventionist suite of measures to prevent a rise in unemployment. These measures are estimated by the Treasury to be worth up to £30 billion. The last time the UK
The UK economy suffers from low productivity. Productivity measures output per person, or per time worked. If productivity was higher across the economy then people could work less, or be paid more, or both. Productivity drives an economy’s output and thus its potential growth rate and, in turn, living standards. So low productivity economies find to
