The Vulcan is Back, but is the rest of the crew with him?

John Redwood, the unreconstructed Thatcherite and leading Conservative, thinks we should be cutting about 20% off total public spending. Redwood is not in the current Shadow Cabinet, but is Chairman of their Economic Competitiveness Policy Group, and clearly still influential.

And his logic is impeccable – not surprising for someone often mockingly described as a Vulcan. Continue reading

The Death of Strategy in British Government

A flagship policy of the New Labour government was that it would introduce greater stability – no more ‘boom and bust’ as Gordon Brown loudly and frequently boasted.

A key component of this approach was more a ‘strategic’ approach to public spending – embedded in the new 3-year ‘Comprehensive Spending Review’ (CSR) process first announced in 1998. Continue reading