In its last manifesto, the Labour Party pledged to bring the water, rail and energy sectors back into public ownership, while introducing a Fiscal Credibility Rule. But is it possible to do both and ensure the economic future of the UK?
I am delighted to being involved in a joint ICAEW and Fabian Society project to explore the tough spending choices that would face a Labour government.
Throughout June and July 2018, ICAEW and the Fabian Society will be assessing how Labour can realise aspirations of its 2017 manifesto, in the context of a sound financial stewardship of the UK's economy.
We are doing this as a series of discussions with supporting essays. The first Fabian Society essay by Andrew Harrop and my response to it are now on-line. Follow the link if you would like to know more.