As the Smith Institute’s latest booklet ‘Britain for sale? Perspectives on the costs and benefits of foreign investment’ argues, the UK’s growing reliance on overseas investment is far from risk free.
Paul Hackett, Author at NewStart
The Smith Institute’s report on the future of community-led housing argues that the sector has huge potential and is trailblazing in terms of sustainability and place-making, but that growth will be evolutionary rather than revolutionary.
The Smith Institute’s report on the Great House Price Divide, which we published today, shows how house prices in England and Wales have changed in 179 areas over the past six years. While in inner London prices have risen by more than 30%, in most other parts of the country prices have fallen sharply – by 15% in the Midlands and by over 20% in the North. In Hartlepool prices are 48% below what they were in 2007; in Liverpool 33% down; in Lancashire 25% down; in Sheffield 18% down; in Birmingham 14% down; in Derby 18% down; and in Greater Manchester 17% down.
Council pension funds have huge potential to generate local investment. But proactive government support is required to fulfil that promise, argues Paul Hackett
New Labour’s strategy to eradicate poverty was undoubtedly flawed. But the coalition government’s belief that state intervention was the problem could be catastrophic, warns Paul Hackett