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- RT @joncoopertweets: 👀 The front page of today’s @nypost. It looks like Rupert Murdoch is finally ready to ditch Trump. https://t.co/UXMCnC… 12 hours ago
- RT @Bob__Hudson: We *can’t* continue with this joke of a system! What other developed country has an appointed second chamber where disgrac… 16 hours ago
- RT @FinancialTimes: The most impactful charts are often the ones where we can see ourselves in the data. For this week's Climate Graphic: E… 1 day ago
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- @girasole_l @MrsCarlieLee @ellielockx @theowlwhistler @WarrenFarmNR It’s the grumpy expressions that make me laugh. 1 day ago
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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
Peak State revisited
Last week, risk management analysts Maplecroft rated the UK and a number of other European countries as extreme fiscal risks. All but one of the countries at the top of the company’s Fiscal Risk Index are in Europe. Maplecroft reported: Europe is … Continue reading
Posted in Peak State, Uncategorized
17 Comments