Tag Archives for investment

Towards a coherent industrial strategy for the UK

Richard Jones

The new report by Industrial Strategy Commission sets out positive principles that can be the foundations for a new UK industrial strategy What should a modern industrial strategy for the UK look like? Last week the Industrial Strategy Commission, of which I’m a member, published its interim report – Laying the Foundations – which sets out some positive principles which we suggest … Continue reading

19 July 2017 by
Categories: SPERI Comment | Tags: , , , , , , , , , | Leave a comment

A time for governing in prose (and spreadsheets)

Andy Westwood

Philip Hammond is facing significant political and fiscal challenges which mean his first Autumn Statement is likely to be a sobering affair Winter is approaching, there’s snow upon the ground. The queue of bids for support is getting longer as we count down the days to this week’s Autumn Statement.  Everyone wants to be at the front of the queue … Continue reading

21 November 2016 by
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Third Workshop on the Political Economy of Brexit

The third instalment of the SPERI White Rose research project on the ‘Political Economy of Brexit’, led by Scott Lavery, took place on Wednesday 9th November at the University of Leeds. Organised by Charlie Dannreuther, the workshop examined the impact of Brexit on Britain’s infrastructure and investment and focused on how leaving the EU might affect a number of key … Continue reading

15 November 2016 by
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The Coming Crisis: systemic stabilization and the investment state

A new ‘investment state’ is needed to provide stability in the new uncertain political economy of shadow money, financial instability and demand deficiency We live in an era characterised by a confusing evolutionary dynamic relationship between financial innovation, the state and patterns of investment that we barely understand. At the core of this conundrum is the little understood issue of … Continue reading

18 May 2016 by
Categories: British growth crisis, Finance, Politics and policy, SPERI Comment, Sustainability, The coming crisis | Tags: , , , , , , , , , , | Leave a comment

Corbynomics: Part 1

Andrew Gamble

Although sharing many of the biases of the ‘alternative economic strategy’ developed on the left in Britain in the 1970s and 1980s, Corbyn’s economic programme is as yet no more than a pale reflection of the ideas of that era Corbynomics is high on aspiration, low on detail. The aspirations were set out in a short document produced by the … Continue reading

3 November 2015 by
Categories: Austerity, Debt, Economics, Employment, Politics and policy, SPERI Comment, Tax, Welfare | Tags: , , , , | Leave a comment

Great coverage of latest SPERI Brief on infrastructure investment

Our latest Brief on Public infrastructure investment & business activity in the English regions has been widely covered in the media yesterday including the front page of the Independent and the front page of the Yorkshire Post and today in the FT. – The Independent: Northern Powerhouse: Funding ‘heavily biased’ towards London despite Government promises – The Yorkshire Post: Tories’ committment to … Continue reading

2 September 2015 by
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New SPERI Brief: Public infrastructure investment & business activity in the English regions

SPERI’s latest brief examines public spending on infrastructure investment in England and assesses its relationship with private sector business activity on a regional basis. Infrastructure investment forms a key part of the Government’s ‘long term economic plan’ and the Treasury’s recent Productivity Plan identified it as a key component for raising productivity. The Brief analyses the Government’s National Infrastructure Pipeline … Continue reading

1 September 2015 by
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The Asian Infrastructure Investment Bank

Yong Wang and Gregory Chin

Prospects for a China-led Institution In October 2013 China’s new political leadership announced its proposal to create a new Asian Infrastructure Investment Bank (AIIB). While the international media have come to this story recently, authorities in Beijing have been mulling over China-led regional investment arrangements for Asia for at least five years.  They are aware of the global gap in … Continue reading

31 July 2014 by
Categories: China, Finance, SPERI Comment, USA | Tags: , , , , , | Leave a comment

Pensions, fairness and Lamborghinis

Craig Berry

Budget changes to the annuities market are a lesson in the fallacies of freedom   From April 2015, individuals in defined contribution pension schemes will no longer be required to ‘annuitise’ their pensions saving, that is, turn their pot of savings into a lifelong, regular income by purchasing an annuity product from an insurance company. Boris Johnson’s response typified the … Continue reading

26 March 2014 by
Categories: SPERI Comment | Tags: , , , , , , , , | 3 comments

Britain’s unreal recovery risks a very real economic crisis

Craig Berry

Investment and consumption performance demonstrates the frailty of the UK economy; the economic recovery is not yet secure The government has facilitated, at long last, a return to strong growth. But they have done so by ramping up the economic growth model that served Labour so well until 2008 – a model George Osborne had promised to dismantle. The pace … Continue reading

26 February 2014 by
Categories: British growth crisis, SPERI Comment | Tags: , , , , , , , | 5 comments

‘Civic Capitalism’: sustainable development through investment

Colin Hay and Tony Payne

We need to move from private debt to public investment as the means to stimulate demand and to link deficit reduction to the promotion of growth A most urgent task for any incoming British government is to fix what is typically called the growth model.  Since the early 1990s Britain experimented with a new kind of growth model – which … Continue reading

16 January 2014 by
Categories: British growth crisis, Civic Capitalism, SPERI Comment | Tags: , , , , , , , , , | Leave a comment

Welcome to the pseudo-recovery

Craig Berry

UK investment and consumption performance demonstrates the frailty of the economic recovery The second estimate of GDP for the third quarter of 2013, published by the ONS this week, appears to confirm that the UK economy has returned to consistent growth. Yet the detailed breakdown of investment results paints an alarming picture of an unbalanced economy. Growth remains far too … Continue reading

29 November 2013 by
Categories: British growth crisis, Craig Berry, Economics, Finance, SPERI Comment, Uncategorized | Tags: , , , , , , | 2 comments

Can pensions break the British investment strike?

Craig Berry

The government has a covert strategy to use pensions saving to improve Britain’s economic performance, but it may jeopardise the long-term interests of members Between 2012 and 2017 around 10 million employees will be automatically enrolled into a workplace pension scheme – most of them for the first time. We are frequently told that this is to address the UK’s … Continue reading

7 November 2013 by
Categories: British growth crisis, Economics, Finance, Politics and policy, SPERI Comment | Tags: , , , , , , , , , , | 1 comment