The Windrush scandal carries lessons that are all too familiar in today’s Britain June 22, 2023 Seventy-five years today 802 people arrived in London from the Caribbean and began Britain’s journey towards becoming a multi-racial society. On Windrush Day, Will Cooling explains what we still have to learn from what happened afterwards
PMQs sketch: Nothing’s funny about the economy, stupid June 21, 2023 Of course Rishi Sunak can’t bail out mortgage holders, but he doesn’t want to hear about it.
Forget Marvel: Meet the Barbie Universe, says Mattel boss Ynon Kreiz June 21, 2023 Ynon Kreiz is the CEO of a $6bn company, responsible for some of the world’s most recognisable brands, and I’m pressing him on whether or not he has a favourite Barbie. “I wish I had one so I can give you a straight answer,” he says after the third time I ask him. “But I [...]
We’ve overegged the power of interest rates and now we’re paying the price June 21, 2023 Interest rates aren't a policy tool for central banks, but rather an important pricing mechanism. Yet since the 1080s central bankers have been doing it all wrong, creating crisis after crisis, writes Max Rangeley
We can’t base artificial intelligence laws off of the risks we only imagine to be real June 21, 2023 We’ve heard endless calls to ‘do something’ on artificial intelligence, but politicians are still basing their thinking on the risks they assume to be real, not the ones we know about, writes James Boyd-Wallis. Last week, Rishi Sunak said he wants to balance safety and innovation to realise the potential of artificial intelligence. But to [...]
The Bank of England risked our economy by believing a Peter Pan myth on inflation June 21, 2023 The Bank of England is failing to predict or control the high rate of inflation because ultimately, no one believes in its ability to correctly predict the course of the economy, writes Paul Ormerod
The NHS has lost its edge for clinical trials, but private firms can pull it back June 20, 2023 An NHS choked by bureaucracy is losing ground-breaking clinical trials, and it needs to the private sector to help save its reputation, writes Elena Siniscalco
I’d love to be an MP, but Britain is still too ashamed of open political ambition June 20, 2023 When I was asked if I wanted to be an MP, I fudged an answer because I knew it would be met with scepticism . But our stifled laughs mean we're stuck in a doom loop of bad politicians, writes Adam Hawksbee
Bank of England risks steering UK into needless recession with more interest rate hikes June 20, 2023 Back in November, the Bank of England took the highly unusual step of explicitly telling financial markets to calm their sky high bets on where interest rates might end up. “Should the economy evolve broadly in line with the latest monetary policy report projections, further increases in bank rate may be required for a sustainable [...]
Fighting for low tax rates is so 2010, now the game is in offering the best incentives June 20, 2023 Gone are the days when countries jostled for the lowest tax rate to attract investment, now companies are looking for the best packages of incentives, and governments are delivering, writes Tim Sarson