Theresa May has launched her 10-pillar industrial strategy green paper today. This is the third industrial strategy the country will have seen in the last decade. Emma Norris says it must address seven issues if it is going to succeed this time.
An event with Treasury Minister Jane Ellison, to launch our joint report with the CIOT and IFS on tax policy making, emphasised the role of those across the tax system in improving tax policy. Alice Lilly highlights the key points.
Yesterday Philp Hammond appeared to threaten that the UK could become the 'Singapore of Europe' – competing on the basis of low tax and deregulation. But before he goes there, Jill Rutter argues, he could make the UK a better place to do business just by making tax policy better.
The delayed government review into tidal lagoons was published by former Coalition Energy Minister Charles Hendry yesterday. Graham Atkins says it hasn’t presented a convincing case for investment yet.
Bank of England Chief Economist Andy Haldane spoke to IfG Director Bronwen Maddox about the state of the British economy – and the state of the economics profession. Most of the press comment has focused on Haldane’s discussion of forecasting errors, but Jill Rutter reports he had some interesting insights into how economics might contribute to tackling the UK’s more deeply entrenched economic and social problems.
It’s often difficult to work out the evidence behind government announcements – whether we’re talking about reforming schools or changing the tax system. Jen Gold says this matters more than ever, given mistrust underlined by Brexit and Trump victories.