IN EXCELLENT news for anyone concerned about London’s housing crisis, local government secretary Eric Pickles has announced that he is looking at how post-war estates can be more comprehensively redeveloped into “traditional streetscapes.” He got
WITH the Ukraine crisis intensifying and concerns growing over its impact on energy security, the government has responded this week with rather inconsistent messages: it announced more multi-billion subsidies for unreliable renewable energy proje
IN AN era of squeezed budgets and public services under pressure, the police service continues to defy expectations. Yesterday had more good news, with data from A&E departments indicating a dramatic reduction in violent crime.
EUROPEAN leaders were quick to say Russia’s annexation of Crimea was “unacceptable”, but mostly accepted it. Others say they know Russia is behind the violence in eastern Ukraine, but still do nothing. Talk is cheap.
WHISPER it, but things finally seem to be looking up. Investment is rising, unemployment is falling, and the deficit seems to be coming under control. But it could be a lot better. Real wages will not recover to their pre-crisis peak until 2020.
CONSUMER prices in Sweden fell by 0.4 per cent in the year to March 2014, according to Eurostat figures. Over the same period, inflation was negative in a further seven European countries, including Greece, Portugal and Spain.
THE COALITION is considering plans to loosen the rules governing the development of new infrastructure, fracking sites, and potentially housing, to facilitate investment. The specifics are not yet clear, but they seem to be on the right track.
WHATEVER the final outcome of the violently simmering crisis in Ukraine, and however likely it is that that embattled state will remain caught in Russia’s crushing embrace, the greatest global political risk can’t be found in Kiev, eastern Ukraine
WHEN energy consumers open the next bill, letter or email from their supplier, they should notice some major changes. On every energy bill, they will now receive personalised information about the cheapest tariff their supplier can offer.
ECONOMICS provides us with a really big insight into how the world works: people respond to changes in incentives. A great deal of public policy is based on this principle. Want fewer people to drive into Central London?
THERE is little doubt that Ukraine stands perilously on the edge of disaster, if not full invasion, as Russian troops assemble on its borders and pro-Russian activists violently demonstrate in key eastern cities.
WITH the “stimulus” versus “austerity” debate having receded, George Osborne likes to talk instead about his “long-term economic plan”. This has been dominated by a commitment to deficit reduction and a strong jobs market.
THE TURNOVER of Italian governments has been a regular feature of the European political structure for many years. Matteo Renzi’s recent elevation into the Prime Minister’s position has therefore been regarded in some quarters with ennui.
OVER four days, 300 people queued in a field by Heathrow to buy a home. It was 1964, and for £50 people could fulfil their homeowning dream in the soon-to-be-built suburb of Sunbury-on-Thames. The first 187 people did.