

American political strategist James Carville wryly observed that, rather than being reincarnated as US President or the Pope, he wanted to come back as the bond market because it can intimidate anybody. The hard truth behind his quip is the…
Sewage in rivers, hosepipe bans, spiralling bills, fat cat bonuses for water company bosses and floods. The water industry’s list of problems is as toxic as it gets and so, for a Government that says it wants to be judged…
The Government’s screeching u-turn on reforming Personal Independence Payments has distracted attention from a more fundamental problem with Britain’s broken benefits system. Regardless of whether the right people are getting the right kinds of benefits or not, too few of…
This article is the first in a fortnightly series of policy proposals from John Penrose and the Centre for Small State Conservatives. Nobel-Prize-Winning economist Paul Krugman famously said “productivity isn’t everything, but in the long run, it’s almost everything.” His words should send…