Tag Archives for Osborne

Craig Berry on the tax credit U-turn, the OBR and Autumn Statement

Watch Craig Berry’s reaction to the Autumn Statement: Craig Berry has written the following blog for the PSA: Welfare strangeness and the 2015 Autumn Statement You can read more analysis on What the experts say. Craig Berry was also on BBC Radio Sheffield yesterday, 57 minutes into Toby Foster at breakfast programme.

26 November 2015 by
Categories: News | Tags: , , , | Leave a comment

Child poverty and the unravelling of New Labour’s ‘hybrid’ political economy

Scott Lavery

Cameron claims to lead a ‘One Nation’ government, but pursues a ‘two nations’ governing strategy One of the headline social policy goals of the Blair and Brown governments was to eradicate child poverty in Britain by 2020.  During New Labour’s thirteen years in power considerable progress was made in this regard: child poverty fell from 3.4 million in 1998 to … Continue reading

12 August 2015 by
Categories: British growth crisis, Debt, Politics and policy, SPERI Comment, Tax, Welfare | Tags: , , , , , , , , , | Leave a comment

Transport investment and the North’s development dilemmas

Tom Hunt and Craig Berry

The gap between rhetoric and reality with regard to transport investment in the North of England encapsulates all the problems of Northern economic development In June 2014 George Osborne laid out his ‘Northern Powerhouse’ concept in a speech in Manchester. He set out the four ‘ingredients’ of his vision: By joining our northern cities together – not physically, or into … Continue reading

28 July 2015 by
Categories: Development, Economics, Inequality, Politics and policy, Social science, SPERI Comment | Tags: , , , , , , , | Leave a comment

‘The Age of Irresponsibility’: Post-budget video and opinion piece by Craig Berry

Read Craig Berry’s reactions to the budget published in the Huffington post today: The Age of Irresponsibility. Watch our short post-budget video: For details on the failure of the Coalition government to rebalance the economy, see our latest brief: Has the UK economy been ‘rebalanced’? SPERI is hosting a workshop on the Political Economy of the Northern Powerhouse on the … Continue reading

9 July 2015 by
Categories: Video | Tags: , , , | Leave a comment

What six public opinion graphs tell us about austerity

Liam Stanley

A majority of the British population has consistently expressed the belief over a period of several years that spending cuts to cut the government’s deficit are ‘necessary’ Austerity was meant to be over by now in the UK.  The country living comfortably within its means.  The books balanced.  But, with the Coalition government consistently missing its deficit-reduction targets, this is … Continue reading

9 July 2015 by
Categories: Austerity, Social science, SPERI Comment, Welfare | Tags: , , , , , , | 1 comment

Rethinking Recovery V

Alex Nunn

Intergenerational and gender-based inequality: before and after the crisis The new Conservative government is persisting with billions of pounds of cuts despite rising evidence of poverty and inequality, particularly for young people, children and women. These cuts will only serve to reinforce generational and gender-based inequality. Just over a week ago on 20 June tens of thousands of people marched in … Continue reading

1 July 2015 by
Categories: Austerity, British growth crisis, Inequality, Rethinking Recovery, Social science, SPERI Comment, Welfare | Tags: , , , , | Leave a comment

SPERI’s Deputy Director criticises Chancellor’s ‘budget surplus’ plans

Dr Craig Berry, SPERI’s Deputy Director, was one of 77 of the country’s ‘best known academic economists’, to sign a letter published in The Guardian last Saturday attacking George Osborne’s plans, as announced in his Mansion House speech, to achieve ‘permanent budget surpluses’ in Britain.  The letter argues that these plans have ‘no basis in economics’, would unnecessarily tie the … Continue reading

15 June 2015 by
Categories: Craig Berry | Tags: , , , , , , | Leave a comment

Why the North, why now, and what’s new?: Part II

Craig Berry

Osborne’s plans spell ‘devo-danger’ for the left in Northern England Devo-Manc, and its equivalents in the other regions of Northern England that will surely follow, is being sold as a key element in the creation of George Osborne’s ‘Northern Powerhouse’.  In the first of these posts, I argued that Labour’s future might depend on rekindling Northern England’s ‘inner powerhouse’.  Here, … Continue reading

11 June 2015 by
Categories: British growth crisis, Craig Berry, Inequality, Politics and policy, SPERI Comment, Tax | Tags: , , , , , , , | Leave a comment

QE, labour market restructuring and the ‘regressive recovery’

Jeremy Green and Scott Lavery

Cameron’s continuing ‘two nations’ governing strategy prepares the way for a further economic crisis When David Cameron emerged from 10 Downing Street on the morning of the 8 May, he proclaimed that he would lead a ‘one nation’ government – one whose guiding aim would be to ensure that ‘the recovery reaches all parts of our country’. There was nothing … Continue reading

9 June 2015 by
Categories: British growth crisis, Economics, Finance, Inequality, Politics and policy, SPERI Comment, Tax | Tags: , , , , , | Leave a comment

Job creation under the Coalition government

Jason Heyes

There is plenty of devil in the detail of its ‘1000 jobs a day’ claim Since George Osborne’s Autumn Statement in 2014, senior figures in the Coalition government (and particularly those from the Conservative Party) have repeatedly claimed that the government has created, on average, 1000 jobs for every day it has been in power. The statistic has been trotted … Continue reading

30 April 2015 by
Categories: Economics, Employment, Politics and policy, SPERI Comment | Tags: , | Leave a comment

‘Osbornomics’: forever blowing bubbles?

Matthew Bishop

How does the Chancellor succeed in telling such a positive story about his management of the British economy when it contradicts so much of the evidence? As the 2015 budget illustrated, George Osborne is undeniably one of the shrewdest politicians in Britain today.  He is not, in my view, a very good Chancellor, though, and overall his stewardship of the … Continue reading

31 March 2015 by
Categories: British growth crisis, Debt, Economics, Inequality, Politics and policy, SPERI Comment, Tax | Tags: , | Leave a comment

Craig Berry’s response to the budget 2015

Craig Berry, Deputy Director of SPERI responds to the budget in this short video. Download Craig Berry’s latest brief (pdf): The UK housing market and stamp duty.

19 March 2015 by
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Will the Budget reinforce Britain’s lopsided housing recovery?

Craig Berry

Regional housing inequalities continue to widen – because the game is rigged Boosting the housing market has been central to the coalition government’s efforts to stimulate economic recovery.  As such, the housing market now occupies a similar position in the post-crisis growth model that it occupied in the pre-crisis growth model.  Rising property values are compensating for stagnating earnings in … Continue reading

15 March 2015 by
Categories: Economics, Politics and policy, SPERI Comment, Tax | Tags: , , , , | Leave a comment

Competence or chaos?

Andrew Gamble

Cameron’s claim to be promoting sound finance is a pretence, a political game In a speech delivered at the end of last year David Cameron at last followed the advice which his election strategist Lynton Crosby has been urging and focused on the economy, seeking to build on the momentum of George Osborne’s Autumn Statement.  He carefully repeated the attack … Continue reading

13 January 2015 by
Categories: British growth crisis, Economics, Politics and policy, SPERI Comment, Tax | Tags: , , , | Leave a comment

The problem with Osborne’s new annual tax summaries

Liam Stanley

They foster an imagined community of ‘taxpayers’ and subvert the collective identity that should underpin tax From late November onwards, the British weekday breakfast ritual faces yet another distraction.  People up and down the country will get to enjoy their cornflakes alongside the arrival of a letter from Her Majesty’s Revenue and Customs.  Rather than demanding more money or offering … Continue reading

9 December 2014 by
Categories: British growth crisis, Economics, Finance, Inequality, Politics and policy, SPERI Comment, Tax | Tags: , , , , | Leave a comment

Defending the market?

Matthew Bishop

The free market is indeed under attack, but mostly from the self-serving ideology of the Right and its supporters in big business During the British Conservative Party conference, one pundit argued on BBC radio that the inheritance tax threshold should urgently be raised in order to stimulate ‘enterprise’, a long-held objective of the party.  This followed George Osborne’s exasperated conference … Continue reading

12 November 2014 by
Categories: Economics, Political theory, SPERI Comment, Tax | Tags: , , , , , , | Leave a comment

Response to the budget: podcast & policy brief

SPERI Research Fellow Craig Berry responds to Osborne’s budget announcement in both the latest Policy Brief series and in the video below, arguing that changes to tax allowances will not help the lowest paid in Northern regions. Berry argues that the lowest-paid workers do not benefit at all from the Budget measure to increase the income tax personal allowance and … Continue reading

21 March 2014 by
Categories: Craig Berry, Publications | Tags: , , , , , , , , , , | Leave a comment