Macroeconomics: UK economy, IB Economics

Larry Elliott outlines three things that he thinks should be essential elements of any Labour Party manifesto this year. Unsurprisingly, they focus on ongoing supply-side problems: a UK development bank, commitment to infrastructure investment, reform of planning regulations. 

All of the above would be welcome. However, as Larry Elliott knows full well, the latter two have been advocated for the best part of 40 years, which might suggest that it's the political system that's to blame for the fact they've not been tackled almost as much as the politicians themselves.