Warwick Lightfoot's Substack

Warwick Lightfoot's Substack

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Warwick Lightfoot's Substack
Warwick Lightfoot's Substack
UK’s Spring Economic Statement focuses on Redundant Fiscal Rules, Neglecting falling Productivity, Profits, the falling Rate of Return on Capital and Structural Problems from higher Public Spending
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UK’s Spring Economic Statement focuses on…

Warwick Lightfoot
Mar 31

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Warwick Lightfoot's Substack
Warwick Lightfoot's Substack
UK’s Spring Economic Statement focuses on Redundant Fiscal Rules, Neglecting falling Productivity, Profits, the falling Rate of Return on Capital and Structural Problems from higher Public Spending
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UK has supply-side problems arising from high public spending, taxation and labour market regulation that deliver weak productivity and falling profits

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