Economic policy

Delivering a future of work

There is no doubt there will be jobs in the future. But they will be different from our jobs today. Someone still needs to design, service and repair those robots and drones that bring our pizzas. [...]

A plea to the next Chancellor

We, therefore, believe that any future Chancellor should learn from Mr Brown’s experience and begin his stewardship of the economy with a step that matches Gordon Brown’s courage in giving independence to the Bank of England. This is why we suggest sourcing out both the stewardship of the fiscal rules and the Treasury’s economic forecasting activities to an independent Fiscal Policy Committee (FPC), to be modelled on the MPC. In fact, we think that this is the first policy decision that Gordon Brown’s successor should make. [...]