First Homes is a flawed solution to three very different problems March 2, 2020 What do you do when a government has all the right intentions for solving the country’s biggest challenges, but is going about it in entirely the wrong way? That’s a question we should all be asking, particularly when considering the recently announced housing plan. Optimistically entitled “First Homes”, the proposal is to offer a 30 [...]
Businesses must find their purpose, or risk becoming the next corporate scandal July 14, 2020 In the midst of a pandemic, the corporate scandals keep coming. The most recent is Boohoo, a previously admired brand in the fashion industry that has been accused of sourcing clothes from a Leicester factory where workers were paid as little as £3.50 an hour. For many in the fashion industry, the darker side of [...]
City of London Corporation criticised for awarding above-inflation pay rises during coronavirus crisis June 30, 2020 A London think tank has slammed the City of London Corporation for giving staff a pay rise above inflation levels during the coronavirus crisis. The Corporation recently confirmed that all its staff would receive a 2.25 per cent yearly pay rise from 2020 to 2023 as well as an additional 5 per cent annual increase [...]
Without reform, the government’s Ponzi Pension Scheme will bankrupt us all August 5, 2020 For the past decade, financial markets have been dominated by the ongoing distortions set in motion by the last financial crisis in 2008. Regulatory overkill of City dealing, quantitative easing (QE) and zero interest rate policies (ZIRP) have combined to drive financial assets — stocks and shares — to record prices. Now, the consequences are [...]
BoE governor Andrew Bailey: Some parts of economy no longer ‘viable’ August 6, 2020 Bank of England governor Andrew Bailey has warned that “some parts of the economy” will not be “viable” after the coronavirus pandemic. He also backed the government’s move to end the furlough scheme in October. He said “we have to look forwards”. Bailey was speaking to broadcasters after the Bank kept interest rates on hold [...]
Government mulls financial support for UK’s ailing theatres June 24, 2020 The UK government is in talks to support the performing arts industry, Downing Street confirmed today, amid growing concerns the sector is nearing collapse as a result of the coronavirus crisis. Number 10 today said it was working with senior figures from the theatre industry on a rescue package, as the Prime Minister’s announcement yesterday [...]
We need business to help us get girls learning — and change the world November 17, 2020 Coronavirus has changed the world. We are facing the biggest triple threat of our lifetimes, with unprecedented economic, health and education crises. While there has been much focus on the first two, the latter cannot be overlooked. At the height of school closures due to coronavirus, 1.6 billion children were out of school globally with [...]
Bother: The startup looking to disrupt the grocery market October 30, 2020 The days of empty shelves and loo roll shortages seem a distant lockdown memory, but one London-based startup thinks it speaks to a wider problem within the UK’s grocery market. Startup Bother is on a mission to disrupt the saturated grocery market by offering what it considers to be a convenient and cheaper online alternative. [...]
The national productivity recovery depends on getting people back to the office September 2, 2020 Office workers continue to display reluctance to return to their workplaces, despite encouragement from the government for them to head back. The immediate consequences for the service jobs in cities which depend on people commuting into the office are apparent, hence the government drive. But is office work a good thing for the workers themselves? [...]
Covid-19 does not prove the case for Scottish independence — if anything it does the opposite September 4, 2020 Scotland has had a “good” pandemic. Nicola Sturgeon has excelled. The incompetence of the government south of the border proves once and for all that an independent Scotland would flourish. Or so the Scottish Nationalists will tell you. And it seems to be working. While Boris Johnson was hospitalised and convalescing after his own brush [...]