The Chancellor/Treasury used the same tricks (delaying tax rises/spending cuts) to game the fiscal rules as we we saw under the Tories, but come the next Spending Review - in 2027 - that road will run out.
The Chancellor/Treasury used the same tricks (delaying tax rises/spending cuts) to game the fiscal rules as we we saw under the Tories, but come the next Spending Review - in 2027 - that road will run out.
Difficult to see how any future global market downturn wouldn't trigger, via Trump, a big economic populist reaction here.
Difficult to see how any future global market downturn wouldn't trigger, via Trump, a big economic populist reaction here.
It’s already hard enough to understand what’s happening across the country as it is, and to design the right policies in response.
Any further reduction would be a disaster.
It’s already hard enough to understand what’s happening across the country as it is, and to design the right policies in response.
Any further reduction would be a disaster.
If you want public services to be preventative that requires some actual action, not just words and unfunded duties (which the Homelessness Reduction Act is)
If you want public services to be preventative that requires some actual action, not just words and unfunded duties (which the Homelessness Reduction Act is)
I would add as well that the general lack of interest in ideas that many centre-ground governments (including ours) have, has enabled ineffective, risk-averse managerialism to become the default position for most of our grand policy challenges.
Sleepwalking into decline.
I would add as well that the general lack of interest in ideas that many centre-ground governments (including ours) have, has enabled ineffective, risk-averse managerialism to become the default position for most of our grand policy challenges.
Sleepwalking into decline.
But few things have done more to make matters worse than completely obliterating council funding in the most deprived places, as we did in the 2010s
But few things have done more to make matters worse than completely obliterating council funding in the most deprived places, as we did in the 2010s
Building social infrastructrure in these neighbourhoods is the crucial step one towards long-term renewal. Our analysis of Big Local proved it - quick, genuine progress that saves £!
Building social infrastructrure in these neighbourhoods is the crucial step one towards long-term renewal. Our analysis of Big Local proved it - quick, genuine progress that saves £!
The story of our recent history - since the 2000s many coastal areas in the South East struggled to make progress, while real steps forward were taken across the wider region
The story of our recent history - since the 2000s many coastal areas in the South East struggled to make progress, while real steps forward were taken across the wider region
But this isn't new news
As we showed earlier this year, on health and the economy the most deprived today were the most deprived at the turn of the millenium
But this isn't new news
As we showed earlier this year, on health and the economy the most deprived today were the most deprived at the turn of the millenium
£5bn of investment into the hands of the most disadvantaged neighbourhoods, that communities will have agency over to deliver change for themselves.
Huge for @iconeighbours.bsky.social who have been invaluable in delivering this.
£5bn of investment into the hands of the most disadvantaged neighbourhoods, that communities will have agency over to deliver change for themselves.
Huge for @iconeighbours.bsky.social who have been invaluable in delivering this.
Very positive results for something that is more or less free
Very positive results for something that is more or less free
Things that are *really* key to social mobility and growth!
Things that are *really* key to social mobility and growth!
Suggests 5% more supply in the South East = 10% lower costs, productivity up 3.5%
Other evidence is mixed - though suggests expansion of industrial clusters without more supply may limit growth + increase inequality
Suggests 5% more supply in the South East = 10% lower costs, productivity up 3.5%
Other evidence is mixed - though suggests expansion of industrial clusters without more supply may limit growth + increase inequality
Tomorrow! Excited
Tomorrow! Excited
The Green Book review seems set to allow, I think for the first time(?), the potential impacts of an investment on social capital to form part of a business case
I would expect this to enable to *very* different investments. Huge, huge win.
The Green Book review seems set to allow, I think for the first time(?), the potential impacts of an investment on social capital to form part of a business case
I would expect this to enable to *very* different investments. Huge, huge win.
Nearly 3.5x as many people (!) in Mission critical neighbourhoods report living in bad/very bad health than average
Over 1 in 6 people.
Nearly 3.5x as many people (!) in Mission critical neighbourhoods report living in bad/very bad health than average
Over 1 in 6 people.
We estimate productivity levels to be around 40%(!) lower than average, costing £4bn a year
A whole third of adults have no qualifications, around double the national average...
We estimate productivity levels to be around 40%(!) lower than average, costing £4bn a year
A whole third of adults have no qualifications, around double the national average...
*yes, that means cuts will likely hit these places harder..
*yes, that means cuts will likely hit these places harder..
A symptom of many things - unacceptably high levels of poverty, economic isolation, and sorting of high-need people into these places
A symptom of many things - unacceptably high levels of poverty, economic isolation, and sorting of high-need people into these places