Despite what we wish, there are no miracle economics Rishi can pull out of his hat

The economic pressures now known as “the cost of living crisis” were at the core of the criticism of the spring statement last week. Those who once eulogised the Chancellor have now been selling their stocks of Sunak. While much of the commentary is unfair, politics is a trade in which the concept of fairness […]
Carillion shouldn’t be brought under state control, but maybe central banks should be

A strong thread in the acres of print about the Carillion debacle is that the private sector should not really be involved in infrastructure projects. The public sector would, apparently, do it better. Readers who experienced life under the nationalised rail and telephone systems might be forgiven their scepticism. One idea which is taking hold […]