Corbyn is completely out of touch with the real debate about UK austerity
Following the Brexit vote, normal service seems to have resumed. A key question in economic policy since the General Election of 2010 has moved centre stage once again: should the government abandon austerity? At one level, the question has an easy answer. Interest rates are now so low that the UK government can borrow for 30 […]
What England’s greatest ever batsman tells us about how to use statistics
Cricket fans will be delighted that Joe Root is establishing himself this summer as a truly great batsman. His Test match batting average of 55.49 is bettered by only 16 players from across the world since Test cricket began in 1877. Root currently sits seventh in the England career batting averages, and he clearly has […]
Sorry, Prime Minister: Legislation won’t end excess in the boardroom
A key platform of our new Prime Minister is to curb what she perceives to be boardroom excesses. “It is not anti-business to suggest that big business needs to change”, she said. One of her proposals is to allow employee and worker representatives to sit on company boards, a suggestion which has not gone down […]
Is Britain on the edge of recession? History is an unreliable guide
Concerns are growing about a marked slowdown in the UK economy. The Lloyds Bank purchasing managers’ index, for example, fell to 52.1 in April, its lowest point since 2013. The initial estimate for GDP, total output, in the first quarter of this year shows an increase of just 0.4 per cent on the final quarter of 2015. […]
