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Uk Futures Opinion
Jeremy Hunt’s Autumn Statement will be judged in terms of its perceived ability to lift the UK economic growth rate. The signs are not propitious, most economic commentators, taking account of the lack of growth over the past two quarters, are expecting relatively limited growth during the 2024. It is as well to note that...
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In his party conference speech, Chancellor Jeremy Hunt painted a rosy picture of our future leadership in technology sectors. His words didn’t match the scale of the economic challenge. In the Labour conference, Shadow Chancellor Rachel Reeves avoided the trap of major economic policy commitments, and her vision may be too pedestrian. Rod Dowler writes...
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The recently published Bank of England (BoE) update on its secondary objectives: a secondary competition objective (SCO and a secondary competitiveness and growth objective (SCGO), both delivered via the Bank’s Prudential Regulatory Authority (PRA) role is a significant annual event (BoE 2023). This is also the week when the Bank has announced its decision on...
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I believe that the recent developments in artificial intelligence (AI) offer immense opportunities for the field of education. The recent developments in artificial intelligence have created a wave of fear-based responses in the education sector. Many schools and policymakers have reacted to the rise of AI by creating software that can detect AI-generated content and...
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Rationale for change and reform: Britain is one of the most centralized democracies in the OECD. Resource allocation decisions are centralized in London, and instructions are handed down ‘vertically’ to the devolved nations and English regions. For over five decades differences in income and wealth between London and the South East on the one hand,...
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The article (link) examines the rationale behind the exploration by the vast majority of the world’s central banks of introducing central bank digital currencies (CBDCs). The phenomenon is discussed in the context of a number of key issues: a) the main drivers of central bank interest, b) the crucial role of public money in supporting...
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In 1978, Vaclac Havel wrote an essay, “The Power of the Powerless”. It followed the publication of “Charter 77” in 1977. In the essay Havel attempted to explain his view of what it meant to be a dissident in Czechoslovakia at that time, but the essay also described the nature of the all-pervasive ideology prevalent...
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This New Year the UK is entering into an unfamiliar, post-Brexit, hopefully post-pandemic, world, and is facing many challenges. To succeed we need a flourishing economy, and a business sector working closely with the government to strengthen the domestic economy, and international trade. The current Conservative government, however, is disunited and unclear about its recovery...
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The unveiling of Japan’s US$490 billion fiscal stimulus package in November coincided with the announcement by the UK Department of International Trade of a new export strategy. This is committed to boosting exports to an annual £1 trillion ($1.35 trillion) by 2030, from the current yearly £600 billion. While the two policy measures were wholly separate events, their...
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According to the Economist, “English nationalism is the most disruptive force in British politics” (Bagehot 2021). While in a recent article in the Guardian, Peter Walker cites a report by the  Constitutional Society which concludes that  “an increased concentration of support for the two main parties into defined geographical areas means there was less and...
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