Corporate Governance Reform

The Green Paper serves a useful purpose. It shows that the Government is aware of the dramatic change that has taken place in the amount and way that senior management are paid with the arrival of the bonus culture. It also shows that the Government is unaware how...

US Economic Policy

Following the US election we are likely to see a large fiscal stimulus. This has support from many Republicans and many Democrats, but in each case it is based on a different set of expectations. Both groups hope that fiscal stimulus will pay for itself through...

Demand solution won’t suit a supply problem

Financial Times [In Letters], 15th August 2016 Sir, In his article “The progressive case for championing pro-growth policies” (August 8), Lawrence Summers correctly implies that depressed investment is at the root of our poor productivity and weak growth. But his...