I've been puzzled by this but recently got insights from Nick Vaughan, fellow associate of Independent Economics . Turns out removal of Covid financial support did create a fall in *post-tax* median incomes in 2021-22, despite GDP growth. More recent numbers are much more positive.
With so many other pressing demands, can a stretched public sector really afford a clean transition? See my article in the latest edition of Public Sector Focus flickread.com/edition/html/i… Bennett Institute for Public Policy Grantham LSE Independent Economics Capital Generation Partners Cambridge Institute for Sustainability Leadership
I interviewed leading climate change economist Dimitri Zenghelis (Dimitri Zenghelis) of Bennett Institute for Public Policy, Independent Economics and Grantham LSE about an open letter from 100 economists lamenting UK Prime Minister Rishi Sunak’s recent net-zero U-turns.✍️ Energy Monitor
energymonitor.ai/policy/net-zer…
You can't fudge it by fuelling more consumption and blaming 'fiscal headroom', you have to build the future. Independent Economics Bennett Institute for Public Policy Capital Generation Partners Cambridge Institute for Sustainability Leadership Cambridge Zero
Sober coverage of Budget issues in today's Observer, focussing on fiscal rules and investing in a resilient productive economy with Anna Valero. Independent Economics Bennett Institute for Public Policy Grantham LSE Cambridge Econometrics Cambridge Institute for Sustainability Leadership Cambridge Zero
Keeping global temperature rise to <2°C means global GHGs not only falling immediately but going negative by 2050.
Investment in Direct Air Capture tech will be an essential part of the process.
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UK public sector investment has lagged our competitors for more than 15 years. Poorly applied 'fiscal rules' are partly to blame.
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