Conservative led governments since 2010 have faced a problem; they’ve been trying to reduce government spending against a backdrop of low private sector investment and aggregate demand. If they reduced spending they’d create unemployment, which they’d have to pay for through the social security system.
Before considering questions about the economy, I recommend viewing the Financial Times statistics page The UK economy at a glance (you’ll need to create an account but don’t need to pay a subscription fee to view them).
It should come as no surprise to readers that I’m a member of the UK Labour Party. Jeremy Corbyn’s administration are very consciously trying to democratise decision making within the party and to that end have recently launched the National Policy Forum Consultation 2018.
I went into town at the weekend to look for a new cycling jacket. Waiting for the bus home I was struck by something terrible in front of me – a backlit, high resolution display. It rotated through five advertisements:
This post is just a quick recommendation to listen to an audiobook currently available on the BBC Radio iPlayer. It’s called The Hungry Empire, by British food historian Lizzie Collingham, and in five 15-minute episodes charts the history of the British Empire, from the 1500s to the 1960s through the lens of food. It turns out that the history of food in the Empire has some really important things to tell us about how ordinary life was lived in that period and how it has shaped much of our modern world.
After opening the nation’s wallet to the tune of a billion pounds for the DUP, in their desperate attempt to cling to power, the Conservatives were feeling generous this week. It was reported on Tuesday that they’ve awarded the Queen a juicy 8% pay rise, increasing her taxpayers’ grant by a cool £6 million a year to £82.2 million.
It’s been a while since I felt this hopeful about British politics.
Yesterday’s result was excellent, and although re-delivering a Conservative government, has punched the wind right out of their sails and sets Labour up to truly contest for power whenever the next vote comes. This is Labour’s 1992 moment.