Skip to content
Saturday 5 September 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,831.09
0.00%
DAX
26,046.40
+0.17%
CAC 40
8,278.77
-0.09%
STOXX 50
6,392.93
+0.16%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Tuesday 04 October 2016 7:00 pm

Our infantile political class is failing to appreciate the scale of Britain’s challenges

By: Adam Marshall

Add as a preferred source on Google

A country on the brink of a historic transition. An economy in need of serious, long-term thinking. A wider world that, as ever, remains a work in progress. A swathe of our own population here at home that remains on the margin.

These are serious, generation-spanning challenges that require all of us – whether in business, government or civil society – to be at our very best.

The flippancy with which they are so often treated, and the gimmickry that has for so long sat at the heart of our national political life, is therefore all the more astonishing.

Westminster and the 24-hour news cycle that gives it oxygen have together created a culture of gesture politics, lurching from “scandal” to “crisis” for the titillation of readers and spectators. It’s a combination of the melodrama of a soap opera and the cheap gags of late-night amateur hour at a provincial comedy club. Even for seasoned observers, it never fails to surprise.

The incredulity of the businesses I speak with, when faced with the more farcical aspects of our political system, is palpable. While there is respect for the Prime Minister’s initial approach, and the seriousness and dialogue with which she has so far tackled her role, there is disbelief over so much else.

Senior ministers embarked on turf wars and whispering campaigns. The “yah-boo” atmosphere of the Commons, which to many in business resembles a boarding school rather than a serious legislature. Opposition politicians becoming embroiled in pointless rows, while their party turns inward on itself. A civil service that, depending on who you ask, is either trying to steer the ship of state through choppy waters – or taking big decisions themselves. And all of it fed by a media culture that has allowed symbolism and rhetoric to trump facts, logic and reasoned argument.

Read more: Hammond is wrong to assume an infrastructure splurge will boost growth

The very short-termism that politicians love to decry when it pops up in a few well-known businesses is endemic in a Westminster that has lost the knack of thinking about the long term.

It’s time for a more serious, more cerebral and more focused politics – for the good of business, the economy, and the well-being of people all across the UK.

It’s time to organise around the three or four big generational challenges we face as a nation, and ensure resources are matched to tackling them.

And it’s also time to move decisions away from the centre, towards the people and businesses that have a direct stake in their success. Changing our politics means diluting the toxic over-centralisation of power and money at Westminster, and involving committed local businesspeople and residents in the choices that affect their prospects.

Serious thinking, focused strategy, greater autonomy – all of these things come from the playbook of successful businesses across the UK and around the world.

These are the ingredients that, properly mixed, generate the magic elixir of business and consumer confidence – the intangible but crucial factor that sits at the heart of all prospects for the future.

Theresa May understands this. Her task now, as her brief honeymoon ends and the serious decisions begin to come thick and fast, is to impose a new rigour and a new seriousness in our political culture. Businesses across Britain will wish her well in that gargantuan, but critical, task.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News
  • Opinion

Categories

  • Business
  • Opinion
  • Politics

Trending Articles

  • Victoria Beckham owed £350,000 by Harvey Nichols

  • M&G: FTSE 100 giant hits out at Rayner’s ground rent cap as it suffers loss

  • Fulham owner Khan sees his £1bn stadium construction project take next steps

  • John Lewis boss: UK economy facing a ‘permacrisis’ 

  • Don’t underestimate the free trade agreement Britain just joined

More from Morning Wire

  • David Brent was supposed to be a satire, now he looks like a model for political leaders

    Opinion
    Ricky Gervais as David Brent performing on stage, wearing sunglasses and a patterned vest.
  • Burnham is ‘not behind’ business confidence bounce

    Economics
    Andy Burnham, Mayor of Greater Manchester, in a suit and glasses, looking serious against a bright sky.
  • Trump suspends strikes amid new peace hopes

    Politics
    Donald Trump speaking at press conference podium, addressing media with serious expression, American flags in background
  • Hammersmith Bridge is a test for Burnham’s place-based growth

    Opinion
    Hammersmith Bridge closed in 2021 with fencing, banners, and traffic cones blocking access to the walkway.
  • Keir today, gone tomorrow: A London by-election may spell danger for Labour

    Opinion
    Keir Starmer shaking hands with a man in a tall hat and red furry costume at a Holborn and St Pancras election event.
  • Uefa boss Ceferin rules out running against ‘naive’ Fifa president Infantino

    Sport Business
    Aleksander Čeferin, UEFA President, and Gianni Infantino, FIFA President, observing from a stadium box.
  • On This Day : Reagan declares: “We begin bombing in five minutes”

    Opinion
    Ronald Reagan speaking at a podium with microphones, holding a paper, family photos visible in the background
  • Farage vows to call ‘national emergency’ on day one

    Politics
    Nigel Farage in Parliament, addressing a female clerk holding a document, with other parliamentarians in the background.
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook