When Dan Jarvis, the shadow culture minister, suggested the coalition might wind up a major Government department, those of us who follow the health of the UK’s creative industries were extremely concerned…
MPs are busy giving payday lenders a kicking for targeting vulnerable people with expensive loans. But these lenders represent just one small part of the consumer lending industry. We shouldn’t let this…
Walk down the high streets of Britain, through the shopping malls of the United States or around the retail complexes of East Asia, and you will inevitably be confronted with a McDonald’s food outlet…
Many critics of the coalition government’s “Plan A” argue that it should deviate from deficit reduction plans to instead stimulate growth via additional infrastructure spending. Recent advocates of this…
A report released yesterday by the Centre for Retail Research (CRR) outlines a very bleak future for the UK high street. A fifth of shops are expected to close in the next five years, with 316,000 job…
The tax arrangements of major brands such as Google, Apple and Amazon have prompted a fierce debate over questions of organisational ethics, social justice and international co-operation. But as a consumer…
We know that as we browse the internet, we leave behind a trail. Search results reflect our browsing history; usernames and passwords are remembered on long-forgotten websites; and personalised adverts…
The all-German Champions League final has predictably generated the usual discussions about the potential “dominance” of a particular nation’s league. But before non-German fans get into a panic, it’s…
Statistics released today by the Department for Education show that 15% of young people are not in education, employment or training (NEET). These figures have hardly altered in recent years, suggesting…
John Van Reenen, London School of Economics and Political Science
The International Monetary Fund’s annual investigation into the health of the UK economy makes ugly reading. The IMF points out that “per capita income remains 6% below its pre-crisis peak, making this…
The International Monetary Fund’s annual report on the UK economy calls for the Chancellor to boost economic growth through investing in infrastructure. While the IMF is right to make this point, we must…
Collapsing business deals, massive financial losses, and a “junk” rating have made recent months a nightmare for the Co-op Bank. In March it announced losses of £634m for the 2012 financial year, largely…
The UK could be about to make a multi-billion pound mistake. Plans to sell-off the 82% share of the Royal Bank of Scotland (RBS) and the 39% share of Lloyds owned by the taxpayer are gaining favour in…
Since Alex Ferguson resigned as Manchester United’s manager he has been credited with everything from reversing the recession to single-handedly putting Manchester itself on the global map. One person…
It is known as the Nudge unit; a government behavioural insights team, that draws on theories popularised in a bestselling book from Yale. Following much hype and publicity, the behavioural insights team…
A fifth of Britain’s young people are out of work; how long before they snap? The International Labour Organisation has recently issued warnings about possible youth unrest in the future, as young people…
The outgoing Bank of England governor Mervyn King has presided over a huge economic crisis. His parting gift is the claim “a recovery is in sight” that the UK might achieve economic growth of even 1% this…
Recent news that David Cameron has been placed on the naughty step by China after his meeting with the Dalai Lama caused much concern in UK business circles. Reports suggested the Chinese sovereign wealth…
A napster moment; the end of boring lectures; a tipping point. These are all common responses to the emergence of MOOCs – Massive Open Online Courses. Now, simply using a laptop or iPad, hundreds of thousands…
John Van Reenen, London School of Economics and Political Science
The UK labour market has done much better than expected since the start of the recession. Although we are suffering the worst recovery for over a century – national income has shrunk by almost 3% since…