Summary This paper argues for an industrial strategy for the UK that aims to achieve prosperity, social justice and ecological sustainability. Government must get national policy right – delivering certainty for investors in sustainable industries and ensuring that the ‘rules of the game’ deliver decent, well-paid jobs across the UK. But it would be wrong to conceive, as is often the...
Read More »A Budget that “barely scratches the surface” of our deep economic malaise
In response to today’s Autumn Budget, Miatta Fahnbulleh, Chief Executive of the New Economics Foundation, said: “We are facing big economic problems as a country, and this Budget barely scratches the...
Read More »World Fisheries Day: the grim prognosis for fishing post-Brexit
It should not come as a particular surprise to learn that many of the promises made by the Leave campaign are turning out to bear little relationship to reality. As with £350 million a week for the...
Read More »A people’s budget for the 21st century
By Andrew Pendleton and Joe Beswick NEF’s pre-Budget briefing argues that the Chancellor should create a People’s Land Bank as the central plank of a People’s Budget for the 21st century. Britain is facing an “economic malaise” driven by falling living standards, growing indebtedness and increasing wealth inequality. With Brexit only set to make this crisis worse, this is the last...
Read More »Weekly Economics Podcast: Will Brexit boost Britain’s fishing industry?
Pro-Brexit campaigners have argued leaving the EU means Britain can “take control” of its fisheries. But what does Brexit really mean for fishing communities and for the future of our fish stocks? This...
Read More »Not in the same boat
Summary 1. Fishing is a totemic issue for brexit. Its politics matter Few issues better symbolise the politics of Britain’s exit from the EU (Brexit) than fisheries. Fishing, like the sea itself, is...
Read More »Brexit poses ‘severe threat to Britain’s fishing communities’
Brexit is almost certain to hit fishing communities hard, new research suggests Boats without quota, processors, retailers and wholesalers will be worse off under nearly all Brexit scenarios Brexit could lead to an increase in overfishing, with disastrous environmental and economic results New Economics Foundation urges the UK government to pursue co-operative approach to Brexit...
Read More »Not fade away
In The Rings of Saturn, W. G. Sebald’s account of a long walk he took in Suffolk, he writes: “It’s hard to imagine now… that the white flecks of the windmills lit up the landscape just as a tiny...
Read More »Weekly Economics Podcast: How will Brexit affect our lives?
The single market. The customs union. Making a deal with the EU or leaving on WTO terms. There’s a lot of jargon to contend with when we’re discussing the economics of Brexit. Sometimes it feels like...
Read More »New research: UK financial system is ‘least resilient in the G7’
Among G7 economies, Britain’s financial system is by far the least resilient to future shocks New Economics Foundation’s ‘Financial System Resilience Index’ measures stability across six factors...
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