Over the last decade, central banks have gained huge influence over our lives November 4, 2019 Monetary policy, central bank independence, quantitative easing. These and many other subjects tend to make people’s eyes glaze over, and are best left to finance nerds to battle over in quiet corners. Yet central banks have, over the last decade, emerged from the shadows of arcane macroeconomic policy discussions to become fundamental to all our [...]
Syria is the climax in the long battle over the soul of American foreign policy October 28, 2019 In defying the American foreign policy establishment, I once wrote a book that cost me my job. In 2006, in response to the looming debacle in Iraq, the British thinker Anatol Lieven and I wrote Ethical Realism. It was a broadside castigating the brain-dead, pro-interventionist intellectual sameness of the US foreign policy establishment, and the [...]
Londoners need homes – and a full review of green belt land October 8, 2019 Building more homes is not just common sense, but good business sense too. London needs more homes to keep talent here and to maintain social cohesion and diverse communities. This is not a controversial view. Londoners know that we are in the grip of a housing crisis: a YouGov survey commissioned by London First and [...]
The modular model: Can factory-built homes solve the housing crisis? September 26, 2019 picture a vast warehouse somewhere in the north of England. Workers in hard hats are poring over intricate plans against a background of humming machinery. Robot arms slice through sheets of metal and wood as they pass by on a conveyor belt, precisely cutting out shapes that look like huge versions of Airfix models. Across [...]
Medical cannabis could nip Britain’s growing opioid crisis in the bud September 20, 2019 The United States is suffering from an epidemic that is estimated to have claimed 400,000 lives. In what is now known as the opioid crisis, drug manufacturers have been raking in huge profits over the past two decades by mass prescribing a diverse class of addictive painkillers known as opioids. Now, about 130 people in [...]
Fintech is all the rage, but is the bubble about to burst? September 5, 2019 Fintechs are all the rage. Scarcely a day goes by without a new challenger bank or money app making headlines about how it seeks to disrupt traditional banking and solve personal finance problems. As a result, capital is pouring into the sector – last year, global investment into financial technology ventures more than doubled to [...]
Hey Conservatives, stop attacking Greta Thunberg and come up with better market-led ideas September 5, 2019 Nobody likes being lectured at. Perhaps this aversion explains – although in no way excuses – the sustained attacks on the teenaged climate activist Greta Thunberg by many on the right. Whether it’s vile jokes about her dying at sea or the faux concern about her mental health, anyone who makes such comments should be [...]
HS2 faces the scrap as Boris Johnson kicks off review August 21, 2019 The controversial HS2 high speed rail line could be scrapped after the government launched a review into the scheme following mounting concerns over its cost and deliverability. Transport secretary Grant Shapps officially kicked off the review into the high speed line, which will connect London to Birmingham from December 2026, and Birmingham to Manchester and [...]
Government proposals to fix the NHS pension crisis still miss the mark August 14, 2019 It has been an unfortunate theme over recent years that public services have to reach crisis point before the government is stirred to take action. And here we have the mother of all crises (that is, the NHS crisis) made worse by a desperately confusing pensions system. When a tax rule is effectively stopping doctors [...]
Kier shares soar 40 per cent as it chips away at debt pile August 1, 2019 Kier Group investors rejoiced this morning as they were treated to a rare piece of good news: that the firm is regaining control of its debt. The firm also said it had attracted “significant interest” in its house building arm, which it is trying to sell to reduce its debt. Read more: Kier shares plunge [...]