Halfway through Sadiq Khan’s mayoral marathon, the capital is in desperate need of a leader May 21, 2018 Ifo you listen carefully in the direction of City Hall, you can hear Sadiq Khan gasping for breath as he reaches the halfway point of his mayoralty marathon. It’s been a struggle for the past two years since his election, during which living in London has become increasingly difficult. The cost of living is going [...]
DEBATE: Would a ‘citizen’s inheritance’ of £10,000 to 25 year olds help tackle intergenerational inequality? May 9, 2018 Would a ‘citizen’s inheritance’ of £10,000 to 25 year olds help tackle intergenerational inequality? Olivia Utley, news and features editor at Reaction, says YES. In Britain, there has always been a tacit deal between the old and young. The young will look after the old, and in exchange, the old will help the young have [...]
Local elections 2018: It was meant to bruise Theresa May, but Jeremy Corbyn’s the one with the bloody nose May 4, 2018 As the dust settles on yesterday’s local elections, the picture that is emerging is one of status quo. Incremental gains have been made by the two main parties – but mostly at the expense of Ukip. None of the councils targeted by Labour in its much-hyped Unseat campaign have turned red. Instead the Tories have [...]
Seize the chance for radical housing reform May 3, 2018 Britain – and London in particular – needs a sweeping overhaul of the planning system. We are building a fraction of the homes we need to keep up with rising demand, and with a third of young people now faced with spending their entire lives renting, the crisis cannot afford to be brushed under the [...]
James Brokenshire has no time to waste in fixing the capital’s housing crisis May 2, 2018 As James Brokenshire takes up his new role as housing secretary, his top priority must be to fix the capital’s broken housing market. It is no exaggeration to say that London is in the midst of a housing crisis. Demand far outstrips supply; while we have built 200,000 new homes over the last decade, London’s [...]
Listen up! The City’s campaign for mental health is coming to a workplace near you April 9, 2018 Listening is an underrated skill. We think that we do it all the time, but there’s a difference between hearing and actively listening. Listening can be incredibly powerful. It can provide a lifeline for someone who is struggling, prevent someone hitting crisis point, and can turn a life around. Today, the Lord Mayor’s Appeal, working [...]
The missing link: Four ways blockchain will change the face of retail banking March 22, 2018 It's no secret that the retail banking system is in dire need of an upgrade. There is a strong case to be made for a decentralised banking system based on blockchain. With high barriers to entry (particularly in the financially vulnerable and unbanked section of the market), and the security concerns around centralised stores of [...]
Mayor of London Sadiq Khan warns of London brain drain caused by steep house prices in capital March 12, 2018 Sadiq Khan fears London businesses could be hit with a “brain drain” if staff are unable to achieve their ambition of owning a home. The London mayor has warned that top bosses see the housing crisis as the primary barrier to doing business in London. In an exclusive interview with City A.M., Khan said: “The [...]
Pious attacks on the finance sector are socially destructive February 28, 2018 Attacks on the financial sector are commonplace. The Pope, the Archbishop of Canterbury, and Jeremy Corbyn have all been critical of modern finance while demanding a financial sector that serves the “real economy”. Of course, religion and finance have always been uncomfortable bedfellows, and the extreme left now has a clear preference for a centrally [...]
Retail sales figures reveal the depth of Britain’s economic uncertainty February 19, 2018 A debate which appeared all but settled at the tail end of 2017 is steadily reopening. The question of whether Britain’s economy will expand more this year than it did last year is looking increasingly finely balanced. Just a few months ago, the Office for Budget Responsibility (OBR) cut its annual economic growth forecasts for [...]