Re-building the economy in the wake of the credit crisis and recession is not going to be easy. But, if we want to build the jobs for the future, the Government have an important role to play in supporting investment and skills. In this paper, I set out how that could be achieved. more »

Strategic government support for industry is needed to build a more sustainable employment base and ensure a speedy recovery to full employment Yesterday’s unemployment figures show that 2.4 million people are now unemployed. So, although bank profits… more »

It was August 2007 when the edifice of the financial services model began to crumble. The term sub-prime loans entered the lexicon, swiftly followed by special purpose vehicles, collateralised debt obligations and the Libor rate. Today’s white paper, unveiled by Alistair Darling ensures we will not go back to the days of light-touch regulation, however much the bankers might like to return to business as usual. more »