George Osborne gave Philip Hammond what is known in sport as a hospital pass: an economic plan based on the UK returning to pre-2008 productivity growth of two per cent per annum without the investment or strategy to make it happen. The Office of Budget Responsibility’s figures show we actually got paltry productivity growth of 0.2 per cent growth in 2016 and the forecast for 2017 is 0.0 per cent. Read more
Tag Archives: Greg Clark
Industrial strategy is back. It featured in Theresa May’s Birmingham leadership speech as one of the economic reforms necessary “to get the whole economy firing”. As prime minister, May has followed through by elevating the former Department for Business Innovation and Skills’ competitiveness remit ‘to develop a long term industrial strategy’ to the title of the new Department of Business, Energy and Industrial Strategy (BEIS). Read more
This post is by Green Alliance associate Rebecca Willis. It was first posted on her blog.
Goodbye, DECC. I’ve known you for eight years. In that time, you created a world-leading system of national carbon budgeting, and oversaw an impressive growth of renewable energy. It wasn’t always easy – you were a minnow in the Whitehall ocean, and the site of many a pitched battle during the Coalition years. But you fought hard to demonstrate the benefits of a low carbon transition for the UK. Read more
Some Conservative commentators have argued that the vote blue/go green period of David Cameron’s leadership was unconsidered advertising, not built on any foundation of conservative philosophy. But a review of recent conservative writing on green issues suggests otherwise. The writers are building upon the ideals of Burke and the actions of Thatcher. After a period of relative quiet after the 2010 election, we are now seeing a new wave of green conservative thinking, which suggests the environment remains close to the heart of many conservatives. Here’s a roundup of ten the best from 2007 to now: Read more