Economy

Ending the sterile row over austerity
The differences between Labour and the SNP in their plans for UK government spending and borrowing are much closer to each other’s than they are to those bequeathed by George Osborne.

Europe as a debtor’s prison: an interview with Philippe Legrain
Philippe Legrain, Senior Visiting Fellow at the London School of Economic’s European Institute, discusses the ongoing turbulence in the Eurozone in an interview with the School’s European Politics and Policy editor Stuart Brown.

Inequality and the Left: Miliband, business leaders and tax
The Blair governments did a lot to fight poverty, but were famously relaxed about inequality, or more specifically the earnings of the 1%. For many in those governments this reflected their own views, but it…

Smith Commission welfare powers don’t imply more spending
Great play was made of the devolution of aspects of UK welfare provision to the Scottish Parliament as part of the Smith process. However this may not be as simple or as significant as its…

Restoring trust in bankers? Start by breaking up RBS
Shortly after my book on the collapse of HBOS came out I was speaking to a meeting of savings and post bank executives from Europe and further afield. These are institutions which have largely disappeared…

No fees? No pain?
For many people, it is obvious that Scotland must have a fair system for funding students. Since the abolition of the graduate endowment in 2007, the government has pressed home that we should be proud…

Does classic British social democracy have a future?
Back to The Future of Socialism, by the Labour MP and former Cabinet minister Peter Hain is a bold effort to reimagine for today the most influential text by a British social democrat of the…
