Posts tagged with: poverty

The Debate We Need to Have

Our social contract – the ‘deal’ that makes us a civilised country – is under grave threat both practically and philosophically. And we are not talking about it. Practically, the UK is in a grave situation. We are in the midst of a serious cost-of-living crisis which will plunge over half of the UK population […]

A Non-Solution to the Wrong Problems

Introduction Before looking in detail at this Budget, it is worth reminding ourselves that the economy is the system we as a country have chosen to put in place to optimise the production and distribution of valuable goods and services for the benefit of our population. There is a wide array of choices open to […]

The “Creative” Destruction of the UK

Last week, we wrote about Truss and Kwarteng’s Budget that “It is very clear that this Budget does not produce the change in direction the country needs; it is a dangerous doubling-down on the failed policies of the past, without even an attempt to safeguard most UK citizens.” Just one week later, that summary seems […]

A Budget that Says the Quiet Part Out Loud

  The Conservative Party have now been in power in the UK for 12 years. Over that time huge economic and social problems have emerged. It is clear that the UK needs a change in direction. And this is what Truss and Kwarteng promised. They have now shown very clearly how they intend to tackle […]

What Was the Alternative?

Since 2010, the UK economy has been shaped by three critical government decisions: Austerity, Brexit and COVID. We have previously argued that the government mishandled all three (see Austerity, Brexit, COVID – an ABC of Economic Mismanagement). Now even the former Chancellor and would-be Prime Minister, Rishi Sunak, has admitted that the UK faces a […]

They’re All the Same – Really!?

  There is great scope for improvement and, unfortunately, plenty of scope for being worse than Johnson. It has now become obvious even to his own ministers that Johnson is not fit to be Prime Minister. And of course, that raises the question of who will come after, both for the remainder of this term […]

What Does the Queen’s Speech Tell Us?

In the space of a few short years, the government will have turned the UK from a prosperous, democratic country with a functioning social safety net into a poor, isolated banana republic off the coast of northern Europe. In a nutshell, the Queen’s Speech is full of good things that won’t happen and bad things […]

Why Sunak Fails

Every spring, the Chancellor produces a mini-budget, the Spring Statement. This one faces a few challenges: for the last 12 years, most people in the UK have been getting poorer which is an unprecedented phenomenon in modern British history; we have a still unresolved pandemic which has both health and economic side-effects; oil and energy […]

The Reality of Health Insurance

    In the UK, our healthcare is (largely) funded through the tax system and provided by the NHS. But Sajid Javid does not like that. He thinks, “government shouldn’t own all risks and responsibilities in life. We, as citizens, have to take some responsibility for our health too. We shouldn’t always go first to […]

Time to Change Track

The UK is a rich country with a proud democratic tradition. We have produced some of the world’s greatest scientists and a number of world-leading companies. We are strong in the Arts and our sporting heroes are world-class. Many of us have been (generally) proud of our past and optimistic about our future. And yet […]

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