Martin Wolf (FT) offers four key reasons for the UK's current (ongoing) economic malaise:
1. UK's savings rate is too low; which lowers potential investment(s);
2. competition is stifled; too many sectors are effective oligopolies;
3. ineffective or obstructive regulation (from planning to market regulation) needs reform/rethinking;
4. a political class without long-term strategic vision or any real clue as to how to address the problems.
Simple to say, difficulty to change!
#politics
Emeritus Prof Christopher May /
npub1hr…f2ktj
2024-03-18 06:39:18
Author Public Key
npub1hr0x0gm9ksmvuvqwkyzfjuczv9pln83axuftxfhnq2maday69ypqtf2ktjPublished at
2024-03-18 06:39:18Event JSON
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