Afresh examination of the economic case for a third, north west runway at London’s Heathrow airport finds it eroded to the point where it is no longer viable. Now, using the Government’s own formula for assessing the value for money of transport schemes, Heathrow expansion along proposed lines would be rated as either ‘poor’ or ‘low’ value. MPs, who will debate the building of a third...
Read More »The everyday economy
When politicians talk about economic strategy, they tend to focus on the shiny and high-tech. But there is a whole aspect of the economy which provides the basic goods and services needed for everyday...
Read More »Russian gas is the least of our energy problems
There are a lot of reasons to worry about the UK and Russia getting increasingly stroppy with each other, but our lights and radiators going off isn’t one of them. In the grand scheme of things, we...
Read More »Weekly Economics Podcast: Can we bring down house prices without crashing the economy?
It’s one of the biggest contradictions in British politics. Across the country, baby boomers who own a house cheer as the value of their property rises. Meanwhile their millennial children watch on in...
Read More »Forget Hard vs Soft Brexit, the new division in government is between trade liberalists and protectionists
After a full twenty months of tired heaving, it remains unclear whether the tug of war within government is being won by the Hard Brexit or Soft Brexit supporters. But that isn’t the only divide we’re...
Read More »Forget Hard vs Soft Brexit, the new division in government is between trade liberals and protectionists
After a full twenty months of tired heaving, it remains unclear whether the tug of war within government is being won by the Hard Brexit or Soft Brexit supporters. But that isn’t the only divide we’re...
Read More »London workspace doesn’t need to be unaffordable
Try to imagine a London without the small businesses of Portobello Road, Brick Lane, Columbia Road and China Town. Impossible right? Well actually, wrong… For the last six months the New Economics...
Read More »3 challenges the Spring Statement should address
Tomorrow the Chancellor will deliver the newly downplayed Spring Statement, where he will outline the state of the nation’s financial health. It used to be a major fiscal event but this year Philip Hammond has made it clear he doesn’t want anyone getting too excited. There’ll be no red box, and he won’t speak for very long. Most of the time will likely be spent reacting to the latest...
Read More »Weekly Economics Podcast: Why are university lecturers on strike?
Universities up and down the country have been shutting down as lecturers have walked out, arguing that the changes to their pension schemes could leave them thousands of pounds a year worse off in...
Read More »London’s small businesses come together to demand affordable rents
230 small businesses call on London politicians to join them in confronting the capital’s affordable workspace crisis Members of the East End Trades Guild will meet the Hackney and Tower Hamlets mayors on Tuesday and ask them to commit to their agenda More than 200 small business owners are coming together to demand that local politicians recognise London’s workspace crisis and commit...
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