2024-07-17 23:55:09
Economy
Politics
Business

To Revitalize Britain’s Economy, a Plan for a Stronger Government Role

Keir Starmer's Labour government is embracing a stronger role for the government in Britain's economy, departing from the Conservative approach. This trend is seen globally, challenging China's economic dominance and addressing climate change.

The government's ambitious economic agenda includes nationalising industries, investing in infrastructure, increasing housing targets, and protecting workers' rights. Keir Starmer aims to accelerate climate action to stimulate the economy, with the approval of solar and wind farms.

The government also seeks to rekindle trade and investment ties with Europe, undoing the effects of a harder Brexit. Despite the significant impact of Britain's economic agenda, the success of the reforms remains uncertain and may only have a marginal effect on long-term growth.

Keir Starmer's government is focused on taking the brakes off Britain, promoting growth through relaxing planning rules and addressing the housing shortage. Overall, the government faces challenges in achieving its goals and staying connected with the public amid political events and scandals.

New York Times - Business
17. Juli 2024 um 20:05

To Revitalize Britain’s Economy, a Plan for a Stronger Government Role

Politics
Economy
Labour's new government under Keir Starmer is shifting away from the disastrous 1974 industrial policy, embracing a stronger government role in Britain's economy. The trend of political leaders taking charge of economies is spreading globally, challenging China's economic dominance and addressing climate change. Britain's ambitious economic agenda is closely monitored due to its significant impact as one of the largest advanced economies.
The Guardian
17. Juli 2024 um 18:11

Keir Starmer promises to ‘take the brakes off Britain’ in first king’s speech – UK politics live

Politics
Economy
Good morning. The last time we had a king’s/ queen’s speech after an election which saw one party voted out of office, and another take over, it was in 2010, when David Cameron was PM. You can read our liveblog of how it went here. The last time we had one under a Labour government was in 2009, when Gordon Brown was PM, and you can read about it here. The last time it was a Labour government presenting one for the first time was in 1997, which was so long ago that no one even knew what a liveb..
EURACTIV.com
17. Juli 2024 um 13:44

King’s Speech: UK vows to rekindle trade and investment ties with Europe

Politics
Economy
Keir Starmer's Labour government seeks to reset UK-EU ties, improve trade by undoing Boris Johnson's harder Brexit, including the Irish protocol. King Charles outlined economic reforms with independent oversight. Starmer pledged in his party manifesto to tear down unnecessary trade barriers, and reiterated this in Scotland, saying he can secure a better deal than Johnson's 'botched' one.
The Guardian
17. Juli 2024 um 15:21

The king’s speech sounded a bit like Labour governments of old. But only a bit

Politics
Economy
Labour's economic plan under Keir Starmer features more state intervention, including nationalisation, worker empowerment, and a national wealth fund, constrained by the OBR and Bank of England. Key reforms target the supply-side, like national housebuilding and infrastructure targets, streamlined planning, and new employment rights, which Labour believes could be transformative despite concerns from business about a less flexible labor market. However, estimates suggest even successful reforms..
CW

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