A Political or Fiscal Coup? Political Management may be the first step for Structural Reform
Thursday 26th November: As the Chancellor is hailed for his largesse in the public spending review, Dr Gerard Lyons warns that the economy has some way to go:
Growth is the key. That remains the crux in the wake of this week's Autumn Statement and Comprehensive Spending Review.
Yet, for the moment, the growth projections for the economy have been largely overshadowed by the independent Office for Budget Responsibility's (OBR) upward revision to tax revenues and downward revision to debt interest rate payments, the net effect of which was to allow the Chancellor an extra £27 billion to play with over the next five years. This, along with increased taxes, for instance on firms through the apprenticeship levy and on second homes and through higher council tax, allowed the Chancellor to stick to his plans of a £10 billion budget surplus by the end of this Parliament. He was able to achieve this despite abandoning his cuts to tax credit, and easing the overall pace of the squeeze on public spending.
October: Sovereignty v Uncertainty? Dr Sheila Lawlor, 9th October on The UK and the EU
September: A Price worth Paying? The Cost of Nuclear. David Mowat MP, 25 September on the Hinckley Point announcement
The Corbyn Conundrum. Lord Mcfall, 18 September on the wake call to Westminster signalled by Jeremy Corbyn's election as Labour Leader
August: Paying our Way. Is Britain on the road to economic recovery? Dr Ruth Lea CBE and John Mills, 3rd August on the prospects for Britain's economy.
July: Look Before You Leap!, Prof David Abulafia, 24 July on English Votes for Enlish Laws
June: Mind over Muddle, Dr Sheila Lawlor, 26th June reflects on the life and work of Chris Woodhead
May: Opportunity Knocks: Scotland's Vote must be England's Opportunity, Professor Robert Tombs, 8 May