Author: Michael Kane

Blog: Skilling up the regions: Unlocking the UK’s productivity potential

by Michael Kane

The current skills system is not delivering the skills that UK businesses or the economy needs. Skills shortages consistently top the list of concerns of business leaders in our annual Global CEO survey, while the lack of powers over skills is a concern for local leaders. This means a new model [...]

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Blog: UK recovery now worse than after Great Depression

The research confirmed that the path of the recession in 1929-31 followed a similar path to the crisis of 2008-09 but the recovery over the last ten years has been much slower. Ten years after the Wall Street financial crash, Britain had left the Gold Standard and, like today, pursued a policy [...]

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Blog: The UK economy needs fundamental reform

Last week’s announcement by the Bank comes at a time when the UK’s growth forecasts are being downgraded and average real wages are falling. The MPC’s warning is solely a reflection of its mandate to control inflation: since the EU referendum vote, the depreciation of the pound has been pushing [...]

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Blog: Building a more resilient and inclusive global economy

Thank you, Jean-Claude Trichet and Guntram Wolff, for your kind introductions. And thank you to Bruegel for hosting this event here at the wonderful Bibliothèque Solvay. As I experience this beautiful building, it reminds me that good architecture is not about geometry or design in the first [...]

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Blog: Why don’t we just… make sure economic growth benefits ev

In the recent Budget, the Chancellor acknowledged that too many families are still feeling the squeeze, almost a decade on from the financial crash. Theresa May and Philip Hammond have both promoted the goal of inclusive economic growth or an “economy that delivers for everyone” yet there is no [...]

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