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Politics Home Article | Offshore wind auction sends a clear signal for supply chain

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Offshore wind auction sends a clear signal for supply chain
Offshore wind auction sends a clear signal for supply chain

Tim Harding, Head of Government Relations & Public Affairs

Announcement that an expanded budget has delivered 8.4GW of new offshore wind projects has been met with delight from industry; now the supply chain must respond to ensure they are able to be built.

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It’s always a challenge keeping good news a secret in Westminster and Whitehall. An underwhelmed air hung over the latest Allocation Round as the pot 3 budget for offshore wind, announced in October set at £900m, was forecast to deliver far fewer gigawatts than required to neither put a spring back in the step of industry nor make government deployment targets for 2030 a likely reality.

So with the announcement on 14th January 2026 that a staggering 8.44 GW of offshore wind projects were granted Contracts for Difference (CfDs), enabled by an enhanced budget of almost £1.8bn, the biggest surprise was that the government had actually managed to keep this a secret until the very last minute.

The success of the auction is not just in big numbers though. Crucial floating offshore wind projects in the Celtic Sea (Erebus) and North Sea (Pentland) were awarded CfDs, and at a strike price 10 per cent lower than the administrative strike price for AR7. This gives much needed answers to geographic questions about floating offshore wind deployment. This is combined with large procurement of fixed offshore wind capacity in key regions in Scotland, North East England and East Anglia.

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All in all, this bumper allocation round provides a strong signal to offshore wind developers, manufacturers and supply chain companies up and down the country that this government doesn’t just back offshore wind, but is committing it right to the heart of the future energy system. We’ve heard similar rhetoric from previous governments without such follow through, so this is a welcome message, strongly conveyed. Indeed, the decision to extend the budget would presumably have gone through both HM Treasury and No10 for sign off, indicating that this industry has support right from the top of the Labour Administration.

Now that colours are firmly nailed to the offshore wind mast (or should that be turbine), attention must turn to getting the supply chain match-fit to deliver on getting them built. With 8.4GW to deliver, the supply chain can comfortably invest; to quote a colleague, “There are many companies looking to establish themselves into offshore wind, and with this scale of opportunity on the horizon, it’s easier for investors to get on board”. With clearing prices around £90/MWh, UK companies should be able to compete with cheaper imports that have geopolitical risk attached. It should also provide a signal to foreign direct investment that while other markets might be increasingly unstable or too nascent to justify the risk, the UK is open for offshore wind business and a key location for manufacturing.

We must focus on the core technologies highlighted with the Industrial Growth Plan, ensuring that the UK plays to our strengths in turbine blades, cables, substructures and operations and maintenance. Attention must turn to efficiency and innovation; how can we get consents delivered faster, manufacturing times reduced and operational costs down in the long term. Use of drones, UAVs, continuous at sea sensors and predictive AI modelling have a role to play in this process. The UK has a wealth of expertise, academic throughput and innovation credentials; harnessing them can provide an economic boom that supercharges the industry and delivers on the job creation and regional economic growth that this government has deemed among its highest priorities.

The late 2020s now hold significant potential for growth of the offshore wind sector in the UK, which is complemented by the developing international market for these technologies. If the UK leverages this boom correctly, we can lead the way on technology, standardisation and regulation. If the government plays this right, we will have a multigenerational industry that rivals the domestic aerospace and automotive sectors in terms of regional, national and international significance.

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Israel rolls out “Green Mile” to fast-track execution of Palestinians

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Israel rolls out “Green Mile” to fast-track execution of Palestinians

In recent days, Israeli media outlets revealed plans by prison authorities to inaugurate an execution facility—nicknamed the “Israeli Green Mile.” These facilities will resemble death chambers, reserved for Palestinians accused of terrorism.

Their death sentences will reportedly be carried out within 90 days of the final judicial decision.

This step represents a new escalation of violence against Palestinian detainees. Israeli outlets are concerned—as they say—with the psychological burden on executioners, with no regard for the innocence of those wrongfully detained. Israeli agents of death, who participation will reportedly be ‘voluntary,’ will reportedly undergo psychological and operational training—murder dressed up as due process.

Legalised killing grounds

The Palestinian Prisoners’ Club has warned of the danger of transforming prisons into “legalised killing grounds”. They contend that Israeli prisons are no longer detention sites, but have been transformed into spaces for torture, starvation and slow execution, as part of a retaliatory policy that legalises murder.

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Prisons as tools for systematic killing

Since October 7, 2023, Palestinian detainees have endured horrific abuse at the hands of Israeli guards. Their treatment has reached new depths of depravity. Detainees are routinely denied medical care, deprived of sleep, shackled by their limbs, and subjected to sexual violence and a litany of sadistic torture methods. Collective humiliation is also part of the Israeli play book — forcing Palestinians to chant Zionist slogans, or kiss the Israeli flag.

Israeli Channel 13 quoted Israeli sources saying that the law will initially be applied to prisoners from elite battalions of the Islamic Resistance Movement—Hamas in other words—accused by Israel of carrying out the 7 October attack. It will later be rolled out in the occupied West Bank.

Execution without due process

This escalation is based on a bill submitted by the Jewish Power party, led by the fascist national security minister Itamar Ben-Gvir. They proposed amending Article 301(a) of the Israeli Penal Code to allow the death penalty to be imposed on anyone accused of killing an Israeli for ‘hostile or nationalistic’ motives. This will be without the possibility of pardon.

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The bill also grants military courts in the West Bank the authority to issue death sentences without unanimity and oversight.

Following the bill’s approval in its first reading, Ben-Gvir said that:

the only sentence awaiting those who kill Israelis is execution.

His remarks lay bare the retributive nature of the bill.

International warnings and Israeli disregard

UN experts are calling on Israel to withdraw the bill, stressing that the application of the death penalty in the occupied territories violates international humanitarian law and that the Israeli military legal system lacks legitimacy under the rules of occupation.

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However, the right-wing Israeli government continues to push the bill as part of a broader package led by Ben-Gvir. Under the false banner of ‘strict deterrence’ they intend on reinforcing policies of repression and collective punishment.

Pundits also view the bill and state-backed push for execution wards as a response to Israel’s failure to achieve its military objectives in Gaza. As a direct consequence, Israel is desperately appealing to, and appeasing, the extreme right in Israel. Where will they draw the line?

Featured image via the Canary

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Farage is a snowflake crying about left-wing milk

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Farage is a snowflake crying about left-wing milk

If you’re old enough, you’ll remember the British press constantly moaned about the ‘nanny state’ in the New Labour years. This is the term for when the government interferes in people’s every day business to an unhealthy degree. And as we’ve seen this week, Nigel Farage is going to be the nanny state personified if he becomes PM.

First he was going after work-from-home; now he wants to tell you what you can and can’t call oat milk:

How about minding your business, feller?

We are laughing now, to be fair

Farage is referring to the Supreme Court ruling which decided you can’t call oat milk ‘milk’ anymore. We have two thoughts on this:

  • We’re really spending time and money on this?
  • We’ll continue to call it oat milk out of habit, but we don’t care either way – we have more important things to worry about.

In the video above, Farage says:

So I’m in a smart hotel in London; I’ve got a cup, I want some milk. Let’s have a look. We’ve got semi-skimmed, I don’t like that. Oat milk? What on Earth’s that when it’s at home. Almond milk. All I want’s proper bloody milk, not left-wing options – proper milk. What’s wrong with me asking for that?

You are an old man in a public breakfast room shouting at the coffee table; this isn’t normal.

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We’re going to print this in big, bold letters so that it gets through:

IF THE THOUGHT OF OAT MILK UPSETS YOU, YOU ARE TOO EASILY UPSET.

This is absolute snowflake behaviour.

It’s possibly the most snowflake anyone has ever been since Lee Anderson celebrated the conviction of his heckler.

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And going further, there is nothing ‘left-wing’ about oat milk. Almond milk did not feature in the Communist Manifesto. Organised labour have never gone on strike to secure the right to coconut milk. Cashew milk is not a key tenet of Xi Jinping Thought.

Farage is doing two things here:

  • Thinking that anything which wasn’t common in his childhood is wrong by default because his brain is decaying.
  • Thinking that anything he doesn’t personally enjoy is ‘left wing’ because he’s right wing.

As we mentioned, Mr Nanny is also telling people where they can and can’t work. HG reported for the Canary:

Nigel Farage is going after work-from-home, in a hypocritical attempt to make it look like he’s ever worked a day in his life.

Of course, Nigey isn’t telling us that he previously employed his wife to work from home.

To make matters more infuriating, Reform UK also happens to employ people who work from home.

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These people are going to be all up in your business while telling you to mind yours.

This your guy?

As is obvious from Farage’s tweet, he’s spent the past two years stewing on this. Do we really want this petty, small-minded dweeb in charge of the country?

Because let’s be real – at this point, he’s gonna want revenge for a lot more than just his opinions about milk.

Featured image via Trademark Room

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Another peer, another paedophile | Conservative Home

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However bad this government is, its post-Starmer iteration will be worse

‘Nandy criticises Starmer’s appointment of peer linked to paedophile’ is not, at first glance, a surprising headline in this morning’s Daily Telegraph. The Mandelson story isn’t going to go away anytime soon, after all.

And then you realise Mandie has nothing to do with it. There is another peer, and another paedophile.

I don’t know if British politics has ever had reason to exhibit this particular rule before, so maybe I’m wrong, but I posit that the number of second-degree political connexions to different paedophiles a prime minister can survive is fewer than two. It was almost certainly fewer than one, but definitely fewer than two.

Sir Keir Starmer is, politically speaking, a dead man. He may perhaps keep twitching long enough to fulfill his highest ambitions for office and give away the Chagos Islands, but that’s about it. And notwithstanding my warning from Monday, it is hard to see his downfall as unjust.

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This government’s back was long broken; having stated that its top priority is ‘growth’, it has once again underperformed the OBR’s underwhelming forecasts; the best Rachel Reeves’ can manage, instead of scrapping the Employment Rights Bill or the Renters’ Rights Act or any other economically self-harming bit of her own agenda, is to bleat about closer relations with Europe. Naturally, she has taken this as an excuse to limit her ‘deregulatory drive’, whatever that was supposed to have been, even as Germany’s Olaf Scholz calls for a “regulatory clean slate”.

Again, it’s not necessarily that today’s politicians are an order of magnitude worse than their predecessors. It is simply that the forward momentum imparted to the British economy in earlier, better days, and which allowed several cohorts of the inadequate generation to convince themselves they had done a passable job of running it, has run out. When Starmer complains about pulling the levers and nothing happening, the lever in question are “taking the path of least resistance”, and the promised result “everything working out for now”.

If anything, the problem with the whole ‘Two Degrees of Humbert Humbert’ situation the Government now finds itself in is that it is so compelling an explanation for the downfall of a prime minister that Labour will convince itself that the rest of it didn’t matter. It wasn’t the anaemic growth, the soaring taxes, the many and manifest failures in office. It was Mandelson, and Doyle, and the unfortunate decision of a man with apparently no political instincts at all to elevate them to high office.

That comforting fairy story is not true, however weird it is to have to use the phrase “It wasn’t just the paedophiles” to put anyone’s problems in context. A new Labour leader would find that out soon enough, when the gulf between public expectations, the revenue expenditure accounts, and the tax base swallowed them hole. The best they could hope for is that Labour MPs decided to stick with them this time; even then, left-wing voters looking for someone to tell them what they want to hear will have the Greens.

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The rest of us, meanwhile, will still have to live in the country they have proven utterly incapable of running. Do you think it haunts any of them, privately? How totally unfit they have proven for the burden of office? I don’t suppose it does – certainly, relatively few Conservatives (relative, that is, to the number who ought to) seem to harbour such doubts. The politics of “Play that same song!” remains popular on our side to have made Prosper UK happen, to whatever extent it is happening. And if the same narrow range of old ideas doesn’t deliver the goods anymore, well, you can always conclude that democracy is impossible.

Perhaps Labour will reach the same conclusion, once they try exactly the same thing without the nonces and find themselves losing anyway.

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The House Opinion Article | The Professor Will See You Now: dunno

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The Professor Will See You Now: dunno
The Professor Will See You Now: dunno


4 min read

There are two cartoons, seen when much younger, which I think of often.

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The first (from Punch) showed a schoolteacher addressing his pupils: “Some of you students have urged me to teach that bourgeois society is corrupt, so here goes. Bourgeois society is corrupt. Returning now to the question of congruent triangles…” That one comes back to me occasionally in seminars: “Anyway, let’s get back to the subject of Early Day Motions…”

The second (by the great Tony Husband, maybe?) featured a man being questioned by a clipboard-armed pollster. “I am,” says the man, “less a don’t know, and more a couldn’t give a toss.”

That one came back to me recently while reading a fascinating new project examining the ‘Don’t Knows’. The chaff of opinion poll responses, most public polls simply discard them – along with the ‘Won’t Says’ and the ‘Couldn’t Give A Monkey’s’ – and report findings based on those who cough up a response. Yet those who don’t answer can often be considerable in number and they are not random.

It has, for example, long been known that the Don’t Knows are much more likely to be female. This new research shows just how much. In an impressive piece of work (which joins the growing list of projects I have often thought of doing, never got around to, and which are now, thankfully, being done by people much more able), researchers analysed every single question asked by the British Election Study (BES) over the last 10 years. That’s more than 2,000 questions, asked of almost 120,000 unique respondents.

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In all 29 waves of the BES, women were more likely to say dunno, at roughly twice the rate of men, and around three quarters of those with a high proportion of don’t know responses were female. There were other differences too – education increases the likelihood of offering an opinion, for example – but sex appears to be the most significant factor.

Preliminary results appear to show this effect varied by both focus and format of questions. It was most pronounced when asking about people’s knowledge and/or about European politics. But although its scale varied, the effect remained, regardless of the topic, type or format being examined.

As so often with these sorts of findings, it’s important to remember the differences are probabilistic and at the margins. Women answer plenty of questions in surveys; plenty of men frequently say they don’t know. But one group is clearly more likely to do it than the other.

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So, when we casually drop the Don’t Knows from a survey result, we are disproportionately dropping women. That might matter less if they genuinely don’t know – but, given that the project also found significant differences based on question formatting and wording, some of these differences aren’t genuine. Plus, there is almost no gender gap in eventual electoral turnout, so we are almost certainly dropping people who are still participating. 

Some of these gaps are already known to be caused by men’s tendency to give answers based on less certainty – and sometimes just to guess. Several years ago, there was an experiment in which respondents were set a series of unanswerable political knowledge questions – in that every one of the proffered responses was false.

Who said: “We shall fight them on the beaches?” A) John Lennon B) Boudica C) Rastamouse D) Don’t Know. (The real ones were more subtle than that, but you get the idea). The good news is that most people responded by picking option D. The less good news is that men were much more likely to give an answer regardless. Men were basically more likely to think they were right, even when they had to be wrong. Women never seem to be surprised by this finding.

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Andy Burnham Slams Jim Ratcliffe Over ‘Insulting’ Migrant Claim

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Andy Burnham Slams Jim Ratcliffe Over 'Insulting' Migrant Claim

Andy Burnham has joined the growing condemnation Manchester United co-owner Jim Ratcliffe’s shocking claim that the UK is “being colonised” by immigrants.

The mayor of Greater Manchester said the billionaire’s “inaccurate, insulting, inflammatory” remarks should be withdrawn.

It comes after prime minister Keir Starmer also criticised Ratcliffe for his “offensive and wrong” comments, and urged him to apologise.

The row began after Ratcliffe, the founder and chairman of petrochemical giant Ineos, told Sky News on Wednesday that Britain’s population had increased by 12 million since 2020. The real figure is closer to three million.

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He said: “You can’t have an economy with nine million people on benefits and huge levels of immigrants coming in.

“I mean, the UK is being colonised. It’s costing too much money. The UK has been colonised by immigrants.”

Burnham slammed the remarks in a social media statement, saying the comments “go against everything for which Manchester has traditionally stood: a place where people of all races, faiths and none have pulled together over centuries to build our city and our institutions, including Manchester United FC”.

He added: “Calling for curbs on levels of immigration is one thing; portraying those who come here as a hostile invading force is quite another.”

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Burnham pointed out that footballers have arrived from around the world to play in the Greater Manchester, enhancing the region.

“We appreciate their contribution as a city-region famous for the warmth of our welcome,” he said. “If any criticism is needed, it should be directed towards those who have offered little contribution to our life here and have instead spent years siphoning wealth out of one of our proudest institutions.”

Labour minister Jake Richards also pointed out this morning that the billionaire “has moved to Monaco to save £4-billion worth of tax”, suggesting he should therefore he ignored.

A Downing Street spokesperson also said last night that Ratcliffe’s words “play into the hands of those who want to divide our country”.

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The Green Party candidate for the Gorton and Denton by-election in Manchester, Hannah Spencer, said: “I challenge Jim Ratcliffe to join me on Stockport Road, meet the hard-working business people, struggling residents, and look them in the eye and listen to them.

“I have and I know that they are sickened by his views and demand his apology.

“This is Britain’s seventh-richest man, who moved to tax-free Monaco in 2020 and owns Manchester United punching down on the people in this constituency. What disgusting and racist comments. ”

Reform leader Nigel Farage, however, appeared to back Ratcliffe.

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He wrote on X: “Britain has undergone unprecedented mass immigration that has changed the character of many areas in our country. Labour may try to ignore that but Reform won’t.”

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Cold Weather Warning Issued For Parts Of England

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Cold Weather Warning Issued For Parts Of England

If you were hoping the worst of the winter was over, I’m sorry to be the bearer of such bad news but actually, a cold snap is just around the corner for us. Sorry, sorry.

The UK Health Security Agency (UKHSA) has issued a yellow cold health alert for parts of England ahead of this Valentine’s weekend. The alert is in place from 6am on Friday the 13th February until 8am on Monday the 16th.

This weather warning is in place not only to alert about seriously cold temperatures but also when adverse temperatures are likely to impact on the health and wellbeing of the population.

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Yellow weather warning issued for England

While the entirety of the UK is expected to experience this cold snap, with snow and ice predicted for Scotland and Northern England, the health warning has been issued for the following areas:

  • East Midlands
  • North East England
  • North West England
  • West Midlands
  • Yorkshire
  • The Humber

How to prepare for cold snaps

The British Red Cross recommends taking the following steps in the event of a yellow cold weather warning:

  • Do your shopping early and stock up. Make sure you have food and other essentials like a first aid kit, batteries, and a torch.
  • Check on vulnerable people. Neighbours, family, and friends may need extra support.
  • Invest in a snow shovel or a supply of gritting salt. If heavy snow is forecast, you can use them to make paths and driveways safe. Sand or cat litter can be used instead of gritting salt.
  • Draft-proof your home. Use draft excluders on doorways and check for gaps around your windows to stop heat escaping. If they’re small, you can seal up gaps yourself using caulking, or if you are unsure contact a professional.
  • Regularly check your boiler pressure. On most boilers your pressure gauge should be between one and two bars.
  • Make sure radiators are on to prevent pipes freezing. Frozen pipes can leave your home without water and cause flooding and damage. Every room should be at least 7 degrees with the ones you’re using 18 degrees or over.
  • Clear your gutters of debris. Wind and rain can cause leaves and sticks to pile up in your gutters, potentially causing problems.
  • Plan. Snow and ice can make travelling dangerous or stop you from leaving the house, so be prepared to stay put for a few days.
  • Don’t take risks in treacherous weather. Carefully consider the journeys you plan to take and keep basic supplies in your car in case bad weather arrives early.
  • Stay informed, especially if travelling.

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Fundraiser For James Van Der Beek’s Family Surpasses $1 Million

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Fundraiser For James Van Der Beek's Family Surpasses $1 Million

A fundraiser set up to raise money for James Van Der Beek’s widow and six children has already surpassed one million dollars.

On Wednesday evening, it was announced that the Dawson’s Creek actor had died at the age of 48, around 18 months after he was diagnosed with stage-three colorectal cancer.

Shortly after the news broke, James’ wife Kimberly posted a link to a GoFundMe page set up by friends of the familyto support me and our children during this time”.

Kimberly signed off the message “with gratitude and a broken heart”, with more than 90% of the $1.3 million (around £950,000) target having been reached at the time of writing.

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A description on the GoFundMe page explains: “Throughout [James’] illness, the family faced not only emotional challenges but also significant financial strain as they did everything possible to support James and provide for his care.

“In the wake of this loss, Kimberly and the children are facing an uncertain future. The costs of James’ medical care and the extended fight against cancer have left the family out of funds. They are working hard to stay in their home and to ensure the children can continue their education and maintain some stability during this incredibly difficult time.

“The support of friends, family, and the wider community will make a world of difference as they navigate the road ahead. Your generosity will help cover essential living expenses, pay bills and support the children’s education.

“Every donation, no matter the size, will help Kimberly and her family find hope and security as they rebuild their lives.”

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While best known for his performance as Dawson Leery in the popular 90s teen drama, James’ other work included the films Varsity Blues and The Rules Of Attraction, and the TV series One Tree Hill, Pose and Don’t Trust The B– In Apartment 23, in which he played a fictionalised version of himself.

Prior to his death, he had completed work as a recurring character on the Legally Blonde TV prequel Elle, which will mark his final on-screen role.

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Illegal immigration is costing councils dearly

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Illegal immigration is costing councils dearly

The post Illegal immigration is costing councils dearly appeared first on spiked.

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Gaza’s dead disappear without a trace

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Gaza's dead disappear without a trace

In war, death is usually a number. Not every casualty in Gaza has been identified however. The graves of women, children, and men lay empty and the burning question is not how they died but where they are? Where are their remains?

A documentary by Al Jazeera Arabic — The Rest of the Story — names the phenomenon ‘evaporation.’ They document 2,842 cases of Palestinians who have disappeared since October 2023. The victims have received no burials. With no bodies found, there have been no funerals either. Members of the Gaza Civil Defence who feature in the documentary underline Israel’s use of lethal thermal and thermo-pressurised munitions. This is used to account for the missing.

Counting the missing in Gaza

According to Mahmoud Basal, spokesperson for the Gaza Civil Defence, these latest figures are the result of intricate fieldwork.

Recovery specialists have been matching the number of people inside the building that were targeted with the number of bodies recovered.

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For example, when a family reports that five people were in the house, but only three bodies are found after extensive searches, the remaining two cases are recorded as missing persons.

Thermobaric weapons

Military experts have highlighted differences between thermo-pressurised weapons from conventional explosives. They reportedly scatter a cloud of fuel that ignites. This creates a fireball and a powerful shock wave within enclosed spaces. The result is multiplying the effects of heat, suffocation, and detonation compounded into a single moment.

It also refers to the use of explosive materials containing a mixture of TNT and aluminium powder, which raises the temperature of the explosion to very high levels within seconds. According to health officials in Gaza, featured in the documentary, exposure to extreme heat and pressure can lead to rapid tissue decomposition. This happens especially in enclosed spaces, where the effect of the heat wave is magnified.

Munitions galore

The report named specific types of bombs, including MK-84, BLU-109 and GBU-39, noting their technical characteristics. This applies both in terms of their ability to penetrate buildings before detonation and to generate intense internal shockwaves. It also reported finding metal remnants at some sites attributed to these munitions.

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Legal experts who spoke to Al Jazeera Arabic condemned the use of weapons that do not distinguish between combatants and civilians. This, if proven, would constitute grave violations of international humanitarian law.

The issue of the responsibility of arms-exporting countries was also raised, given the continued flow of ammunition during the war. This comes in parallel with provisional measures issued by the International Court of Justice. It opens up the issue of accountability beyond the battlefield.

The search continues

But behind the numbers, the story is one of despair and indignity, as families continue to search for their loves ones — or least what remains of them.

A mother waiting for her son’s body to bury him. A father carrying a small bag of remains said to belong to his children. And hundreds of homes that have found nothing to say goodbye to.

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In Gaza, loss is no longer a scene of mourning. Sometimes loss is a complete void, a heavy silence, a question hanging in the air — how can a person disappear without a trace?

Featured image via the Canary

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Callum Price: Why, when it comes to markets, does Andy want to ‘burn’em’ to the ground?

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Callum Price: Why, when it comes to markets, does Andy want to 'burn'em' to the ground?

Callum Price is Director of Communications at the Institute of Economic Affairs, and a former Government special adviser. 

For someone who talks so much about how much he hates Westminster, Andy Burnham really enjoys popping down to SW1 to give a speech to an establishment think tank – particularly if there are live questions about the Labour leadership swirling around.

Last month, it was the IFS to talk about his brand of ‘Manchesterism’. This week it was the Resolution Foundation to discuss re-focusing politics on ‘un-sung Britain’. Among the usual huff and puff about the evils of unregulated markets (are these unregulated markets in the room with us now, Andy?) and how good the buses in Manchester are, he sought to address his previous comments about being ‘in hock to the bond markets’.

He never meant that we should ignore the bond markets, or even blame them, his clarification goes. It is the decisions of politicians that have led us to being in hock to those markets, and it is only the decisions of politicians that can get us out of this situation.

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So far, so good. Next time the Labour Party is in crisis, he is welcome to come and speak to the IEA about how politicians need to get serious about our debt and spending problems.

But then it reverts.

The decisions that he wants politicians to take are not, in fact, to reduce spending; but to spend more. He argues that if we give away control of the essentials, we give away control of their costs. The key to getting costs down then, is to take control back through compulsory purchases and nationalisation. The markets, I’m sure, will be delighted.

The example he gives is housing: it is hard to control public spending when you need to chase private rented sector rents through the benefits system. He quotes research by the National Housing Federation that suggests building 90,000 social homes could save the Exchequer £3.3 billion in reduced Universal Credit claims over the next thirty years. Burnham extrapolates that to pay for a new target he sets, of building 500,000 new social homes by 2030, which he says will save £18 billion in the long run.

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The same NHF report puts the cost of building those 90,000 social homes to the government at £12 billion, so following Burnham’s logic his target would require an outlay of £66 billion now, to save £18 billion over the next thirty years.

These numbers won’t exactly fill our creditors with confidence, but Andy has a plan to make us think more long-term and in a more market-friendly way.

In his mind, the broken Westminster political system has led to short-termism and instability, prevented politicians taking sensible long-term decisions and thus made the markets view us with distrust.

His diagnosis may not be entirely wrong – politics incentivises short termism. Westminster works to five-year windows (like his own 2030 hosing target), and governments will prioritise reforms that bear fruit sooner rather than later.

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So, should we therefore make politics less important, take power out of the hands of a dysfunctional system and instead into one, the market, that empowers individuals, reduces prices, and drives living standards? Unfortunately, not for Burnham.

His prescription would only make the problem significantly worse. Firstly, he wants to renationalise swathes of the economy. He spoke about how bitter he was at having to pay millions for taking bus-depots back into public ownership after a fight in the courts, and wants to give councils the powers to compulsorily buy rented properties that aren’t up to standard.

If businesses care about one thing above all else when investing in a country, it is whether their assets are likely to be stripped from them by the state on arbitrary grounds. While the unique ability of a government to raise money through taxation is one of the things that enables it to borrow money at vast scales, a programme of appropriation is not the sort of things markets look for to secure a return on their government bonds. It will lead to a collapse in private investment and with it, tax receipts.

Secondly, Burnham wants ‘root and branch reform’ of Westminster and a new political culture. In practice, this means electoral reform, reform of the ‘whips’ system to empower individual MPs over the government, and Lords reform. This, he argues, would make a more stable and collaborative system in which the markets would have greater confidence and certainty.

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I’m not sure what sort of stability Burnham has in mind here, but for anyone who has ever paid attention to Westminster politics, empowering MPs to vote and behave as individual actors over members of a governing party does not exactly scream consensus and unity. Maybe I am just a product of the failed Westminster consensus, but the ability of a government to whip its MPs in order to pass vital legislation like finance bills seems like a pretty important pre-requisite for stability.

Further to this, while British party politics is not exactly a bastion of majoritarian stability at the moment, it would be fair to assume that under a PR system the Greens and Reform would have had a larger seat at the table much sooner. One may argue that this is only fair given their vote shares, but to hold that this is the path to consensus and stability is a more questionable assertion.

Burnham’s diagnosis of the relationship between the British state and the bond markets is closer to the mark than often suggested. But given the solutions he proposes, it is no wonder those markets have a wobble every time he gets close to Westminster.

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