UK

Introduction The new UK government elected in July 2024 has promised a ‘decade of national renewal’, realised through its Industrial Strategy, its Infrastructure Strategy, and the transition to Clean Power.…

We are delighted to publish this new report by our regular contributor, Bob Lyddon. It is about the plans of the UK government to launch a decade-long programme of ‘investment’…

WP 2025-10. Executive Summary Many countries’ Founding Fathers and large portions of academia believed that constitutions, common-sense economics, and people’s vigilance would be enough to restrain taxation and public debt.…

For centuries, Britain stood as a magnet for global wealth. London’s financial markets, trusted legal system, and cosmopolitan culture attracted the world’s wealthy, fueling investment, innovation, and growth. But that…

Introduction On 15th July, the UK Chancellor of the Exchequer, Rachel Reeves, delivered a keynote annual address to the City of London (known as the Mansion House speech) in which…

Introduction Keir Starmer’s desire for a re-set of the UK’s relationship with the EU has ceased to be a two-dimensional, bilateral discussion with EU negotiators. It has become a four-dimensional…

Introduction Keir Starmer, the UK’s Prime Minister, wants a ‘re-set’ in the UK’s relations with the EU. About what? Starmer has said that he cannot envisage the UK rejoining either…

Introduction The measures taken by the UK’s Labour Party since taking office in July 2024 will appear bizarre to most economists. They are based on a cluster of theories that…

Introduction Governments and central banks have pinned a lot of their credibility on returning the world economy, after the Pandemic and the inflation shock, to an orderly picture of inflation…

The recent elections in the EU, the UK, and France; what impact are the results likely to have on financial and monetary policy? Before these elections, mainstream commentators worried that…