Economy and Society

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    Will Richard Leonard’s election mark a definitive turning point for Scottish Labour?

Will Richard Leonard’s election mark a definitive turning point for Scottish Labour?

Following the election of a new Scottish Labour leader, Sean Swan explains why the position was created in the first place in 2011, its course so far, and what the party may aspire to achieve under Richard Leonard.

An unedifying contest for the leadership of Scottish Labour concluded on Saturday 18 November. The contest was between Richard Leonard, who only […]

Why is running the North so complicated?

Devolution has evolved into an uneven process, with much greater progress achieved in some parts of the country compared to others. But why is the North so difficult to govern? John Fenwick offers some key explanations.

English devolution continues to be an uncertain process, with very different degrees of progress in different areas. Running the North presents an especially complicated […]

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    Time to reconsider the Budget rules and avoid “fiscal illusions”

Time to reconsider the Budget rules and avoid “fiscal illusions”

Following the latest Budget, it has become evident that the government’s fiscal rules are not as reassuring as intended, writes Linda Yueh. Here she analyses the announcements and forecasts, and offers a more straightforward approach to the rules that would allow for greater investment and improved productivity.

The most startling part of the 2017 Budget and the economic forecasts it […]

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    Local democracy with attitude: the Preston model and how it can reduce inequality

Local democracy with attitude: the Preston model and how it can reduce inequality

Could a grassroots development approach help address inequality? Julian Manley explains the concept behind the Preston model, and how worker-owned co-operatives supported by major local players could help empower communities.

The Preston Model has attracted the interest of Labour Party policy developers as a potential model for a future society. Both the Shadow Chancellor, John McDonnell, and Ed Miliband have […]

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    Budget 2017: the flawed math behind corporation tax (and the Government’s messed up priorities)

Budget 2017: the flawed math behind corporation tax (and the Government’s messed up priorities)

The Chancellor reiterated a commitment to keep UK corporation tax at low levels in this year’s Budget. Grace Blakeley explains why Hammond’s figures are flawed, and writes that, as public sector workers, public services, and universal credit recipients all face hardship, people have every right to question the Government’s priorities. 

In his 2017 Budget, the Chancellor reiterated the Government’s commitment […]

Budget 2017 and the economy: bad news all round

Following the 2017 Budget, Michael Ellington and Costas Milas offer some first comments on why, regardless of whether one supports Britain’s exit from the EU or not, the current situation is not good news.

To keep Brexiteers off his back, Chancellor Hammond did not spell it out, but Brexit-related uncertainty is taking its toll on the economy: anaemic GDP growth […]

The UK’s problem with long-term care: short-term thinking

Long-term care regularly resurfaces as unfinished business, and with the announcement of another Green Paper by summer 2018, familiar arguments are once again being aired. Melanie Henwood examines the latest development and considers why this policy challenge remains so apparently intractable.

Long-term care is a policy chestnut which seems to resurface every couple of years, under UK governments of all […]

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    What might we expect for business taxes in the Autumn Budget?

What might we expect for business taxes in the Autumn Budget?

As Philip Hammond finalises his Autumn Budget, Judith Knott outlines his constraints and looks at what we might expect to hear from the Chancellor on the corporation tax, anti-avoidance measures, business rates, and industrial strategy.

As Philip Hammond prepares for his Budget on Wednesday, he faces a daunting set of constraints, both economic and political.

The economic side

On the economic side, […]