In Defence of Capitalism: Why free markets can keep driving billions out of hunger and poverty March 1, 2023 In the first of an eight part series, the historian and sociologist Dr Rainer Zitelmann writes for City A.M. in defence of capitalism, arguing that freer markets are usually the answer to society’s problems, not the cause. Each week he will ‘myth-bust’ the common complaints about capitalism – and this week, it’s that capitalism is [...]
Pressure rises on government to ramp up insulation of UK homes amid fuel poverty worries March 1, 2023 It will take 300 years for the government to meet its end-of-decade energy efficiency targets for British homes, warned NEA.
Rishi Sunak and Jeremy Hunt must help families with soaring childcare bills to strengthen UK economy, CBI urges March 1, 2023 Rishi Sunak and Jeremy Hunt should help young families with the cost of childcare to tackle worker shortages that are holding back the UK economy, the country’s largest business lobby group has urged today. British households have been spiked by a 60 per cent cash terms rise in childcare bills over the last decade, far [...]
High fertiliser prices add £78m per month to farmers bills, says ECIU March 1, 2023 High fertiliser costs are adding £78m to farmers’ monthly bills amid fresh food shortages, according to the ECIU.
Shapps warns suppliers they must be ready to pass on cuts in wholesale prices to customers March 1, 2023 Suppliers must be ready to pass on cuts in wholesale prices to customers as quickly as possible, Grant Shapps will insist in a speech today.
Food inflation reaches 14.5 per cent and looks set to remain high, new data reveals March 1, 2023 Food inflation reached a staggering new high of 14.5 per cent in February, according to new data, with retail groups predicting that prices will continue to rise over the coming months. While inflation more broadly has started to come down, food inflation soared to 14.5 per cent in February, up from 13.8 per cent the [...]
More data points to UK economy avoiding recession but experts urge Hunt to prevent investment cliff edge at March budget March 1, 2023 The prospect of the UK avoiding a recession after a batch of better than expected recent data has propelled business confidence higher, a closely watched survey out today shows. Optimism among company leaders jumped 11 points to minus 17 this month, shifting it back to levels seen when the government launched Plan B measures to [...]
Lack of government strategy putting UK decarbonisation goals at risk, NAO warns March 1, 2023 The government lacks a plan for all electricity to be generated through clean energy sources by 2035, warned the National Audit Office.
The Notebook: Neil Bennett on the Bank’s lost credibility, corporation tax, and Scotland the timid March 1, 2023 The Notebook is a place where interesting people note interesting things. Today it’s our fortnightly columnist Neil Bennett, the global co-CEO of communications and strategic advisory group H/Advisors, on the Bank of England’s forecasting record, corporation tax plans, and a new must-see play Cast your mind back to last November, when Huw Pill, Chief Economist [...]
A lesson in patience: venture capital backing start-ups have much to learn March 1, 2023 Venture capital funds have been overly eager to invest in tech start-ups, and now they're facing the consequences. But market correction can only be a good thing, writes Mikael Johnsson
