Economics is changing fast, with old models proving unable to deliver a sustainable future. Here we share ideas that could lead to positive change.
“Manchester is to get its own directly elected mayor with powers over transport, housing, planning and policing in a devolution deal worth more than £1bn.” Guardian, 3 Nov 2014 The trouble with economic recovery is that someone else always has to do it - the...
We don't live in a very literate age when it comes to economics. There are still people in Whitehall, even the Treasury, who believe that somehow – if cities decline or fall, if one place succumbs to grinding poverty – that is it the ‘market’ that did it. However...
What if Andrew Adonis and George Osborne are right? What if the key question for re-balancing the economy (not a phrase Adonis used) was to force through a major new devolution of economic power to the city regions? What if Michael Heseltine’s was right in his 2012...
We have been working with the New Banking group, and the Joseph Rowntree Reform Trust Ltd, to develop practical policy detail about how to develop a more effective banking system in the UK - one that works for SMEs and local economies. The present banking system is...
There is a political trend emerging, and it has been a long time coming. Ed Miliband is calling tomorrow for a more diverse banking system. We know his office has been considering an American-style Community Reinvestment Act, which forces the big banks to set up...
Our associate David Boyle has been working with Baroness Kramer in the House of Lords (before she went into government) to develop implementable approaches to creating a new local banking infrastructure in the UK. You can read the results here (Re-banking pdf), and...