© Alex Proimos

Business short-termism and the new inequality


The British disease of business short termism is entrenched and takes many forms: the UK suffers from low levels of investment in capital and R&D, with companies hoarding cash and buying back shares; there are too many value-destroying acquisitions and restructures, arising from optimism-bias and boardroom hyperactivity; and equities are held for shorter and shorter…


The case for the human rights act

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The Human Rights Act 1998 (HRA) is a very simple statute. It works like any bill of rights in allowing individuals in the UK to enforce their rights in their local courts. It also requires public authorities to respect the rights of those they serve. Part of Labour’s 1997 commitment to a new constitutional settlement,…


Citizen central: What Labour can learn from cooperative councils


February was the month when senior Labour figures began to set out a new vision for public services. Speeches by Ed Miliband and Jon Cruddas sketched their proposals for a radical redistribution of power from central government to individuals, communities and localities, putting ‘people power’ at the heart of ‘one nation’ politics. This represents a…