Sir Keir Starmer says that without new policies, living standards will fall below those in eastern Europe.
Graham Watson's insight:
It's slightly gimmicking but the notion that the UK's average income could be below that of Poland by 2030 is certainly eye-catching, and might prompt wider thought about the things holding Britain back.
Many of them are long-standing, and it's interesting to see that there are so many leading business figures due to attend the round table event in the City today.
Andy Haldane says starting mortgage rate rises sooner would have nipped inflation in the bud
Graham Watson's insight:
I always like it when prominent commentators look to burnish their reputation after the event; if Andy Haldane was so keen to see the Bank of England raise interest rates earlier to tackle inflation, then where are the articles/interviews that he gave calling for this at the time?
Another example of hindsight being a wonderful thing - not that I disagree with his hypothesis. However, I'm modest enough to suggest that it wasn't something that I'd spotted at the time.
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It's slightly gimmicking but the notion that the UK's average income could be below that of Poland by 2030 is certainly eye-catching, and might prompt wider thought about the things holding Britain back.
Many of them are long-standing, and it's interesting to see that there are so many leading business figures due to attend the round table event in the City today.