Economist Mariana Mazzucato advocates for a 'Common Good Economy,' urging governments to reclaim their role as market shapers and prioritize collective well-being over rigid fiscal rules. Her new book proposes a radical shift in economic theory to tackle inequality and climate change, emphasizing purpose-driven governance and community involvement.
Andy Burnham's campaign is reportedly trying to prevent ministers from resigning to avoid destabilizing Keir Starmer's government amid fallout from the Makerfield byelection. Burnham's team seeks a managed transition, not immediate chaos, should he win the election. Starmer's allies are discussing strategies to counter a potential challenge.
TUC leader Paul Nowak voiced anger over Labour's perceived lack of change and Keir Starmer's leadership, warning of Reform UK's rise. He urged focus on working-class issues and suggested Andy Burnham could be a strong contender.
UK net migration dropped by nearly 50% to 171,000 last year, the lowest since 2021, according to ONS figures. This decline is attributed to fewer non-EU nationals arriving for work. Asylum seeker numbers also fell, though refugee charities express concern over reduced safe routes.
UK government increases funding for grooming gang investigations by nearly tenfold to £38m, but police warn it may be insufficient. A separate inquiry into exploitation will examine ethnicity and culture of perpetrators.
The UK government, led by Keir Starmer, faces criticism for attempting to dilute protections against torture in the European Convention on Human Rights (ECHR) to facilitate deportations of refused asylum seekers and foreign criminals.
Communities minister Miatta Fahnbulleh is first minister to leave government after heavy election lossesUK politics live – latest updatesMiatta Fahnbulleh has become the first minister to resign from Keir Starmer’s government, calling on the prime minister to quit.The communities minister’s resignation came as one of Starmer’s closest aides declined to say whether he would lead Labour into the next election amid mounting calls for him to resign. Continue reading...
Keir Starmer’s local election losses are the result of deeply unpopular policies and failed promises to the Labour Party’s left-wing base Read Full Article at RT.com
Inflation fears fuelled by Iran war and renewd uncertaintly over Stamer;s leadership prompts bonds selloffThe risk to Labour’s tax and spending plans from the war in Iran was underscored on Tuesday, as long-term government borrowing costs hit their highest level since 1998.Fears of higher inflation as a result of the conflict have fuelled a selloff across government bond markets, which City analysts say has been exacerbated in the UK by uncertainty about the future of Keir Starmer’s government. Continue reading...
The National Institute of Economic and Social Research (Niesr) has warned Britain faces a £35bn economic hit and risk of recession this year due to the Middle East conflict. The thinktank downgraded its 2026 growth forecast by 0.5 percentage points to 0.9%, and 2027 by 0.3 points to 1%. Under an adverse scenario with oil at $140/barrel, UK inflation could exceed 5%, forcing the Bank of England to raise rates by 1.5% — the biggest single rise since 1992. Government borrowing could increase by almost £24bn by decade's end, nearly erasing Rachel Reeves's fiscal headroom.
Voters in Barnsley, Sunderland and Wakefield express frustration with party amid strong Reform UK challengeWhen millions of voters across Great Britain go to the polls on 7 May, the result will have a profound impact on the future of Keir Starmer’s government.In Wales and Scotland, nationalist parties are expected to be in charge for the first time simultaneously, joining Sinn Féin in Northern Ireland. In London and the cities, the Greens are on the charge. Continue reading...
