Category Archives: Peak State

Future governments face tough choices – whatever their politics

The CBI and IPPR published a report on the future of public services last week. It warned: Britain faces a longer-term fiscal challenge. The Office for Budget Responsibility has estimated that by 2030 Britain will once again move into deficit … Continue reading

Posted in Peak State, Public Finances, Public Sector, Uncategorized | 9 Comments

710,000 jobs to go – Austerity will be the new normal

One person who won’t have been surprised by this week’s economic forecast is CIPD Chief Economist John Philpott. Last year, he predicted public sector job losses of 725,000 contradicting the Office for Budget Responsibility’s official forecast of 400,000. During a typical outbreak … Continue reading

Posted in Labour Market, Peak State, Public Sector | 1 Comment

Is Britain running out of oomph?

A remarkable piece over at A Fistful of Euros puts the Eurozone crisis and, by implication, our own economic woes, into the context of a generalised crisis facing all developed economies. Three things have caused this, says Edward Hugh, high levels … Continue reading

Posted in Peak State, Public Finances, UK Economy | 6 Comments

Should we really expect to retire at 65?

Public sector pensions are being cut and the state retirement age is slowly but surely being pushed towards seventy. Many people are outraged by all this but is it reasonable, now, to expect to retire at 65? Most of us have … Continue reading

Posted in Labour Market, Peak State | 8 Comments

The public debt – why it’s different this time

Peter Hoskin and Éoin Clarke were knocking lumps out of each other last week about whether debt and debt repayments were worse under John Major than they are now. At least they were knocking lumps out of each other with numbers and bar … Continue reading

Posted in Peak State, Public Finances | 17 Comments

The State – Old Fashioned Father or Modern Dad?

Anne McElvoy is annoyed with Islington council. It has told her she has to recycle her food waste to help the council save money and that, if she doesn’t, she will be fined. Her irritation seems to be not so much with … Continue reading

Posted in Peak State | 4 Comments

The public sector will not ‘get back to normal’

The Economist has a series of articles on the future of the state. The paper’s broad conclusion is that western welfare state can’t go on as it is. Its editorial describes the state spending of the 2000s as “one last splurge” … Continue reading

Posted in Peak State, Public Finances, Public Sector, Uncategorized | 3 Comments