Thursday January 30 2025.

2 minute read

Growth: the strategic state needs you.

Whether you think it’s a repackaging job for the Government, a personal bit of repositioning for the Chancellor or a strategy reset to wrest back the economic narrative, one thing is clear in the Chancellor’s growth plan: there is a political will from Number 11 Downing Street to support selected infrastructure and development projects.

Individual delivery challenges aside, this does feel like a significant break from what we have seen from successive governments who have viewed infrastructure projects in isolation, and as a technical, rather than political proposition. 

Infrastructure projects are always political. But the UK for many years has been very good at creating a commission or body to look for technical answers to ultimately very political questions.    

This is not to downplay the highly technical nature of infrastructure planning and delivery and the role of brilliant minds working on these projects across many disciplines. 

But a delayed decision or strategic pause to a proposed mega project has never really been caused by a technical detail not being available. Time will tell whether with the forthcoming Planning and Infrastructure Bill, the Chancellor and Prime Minister can succeed. 

The other significant obstacle in mega project delivery is the UK’s carbon budget, the legally binding five-year allowance. The challenge for the Government is how to create the carbon headroom in a new plan which will be available later this year.  

As well as talking about bats and newts, Rachel Reeves touched on the role of the strategic state in her speech yesterday. This encompasses everything from planning reform to AI and net zero – and in every case it is how far people are ready to yield for the greater national good. 

In lots of ways it is the very essence of the Chancellor’s push for growth and the trade-offs that in Labour’s view need to be balanced.

Jun 26, 2025

3 minute read

Industrial strategy: how to make the UK the best place to invest in the world

All good strategies have to make difficult choices. But they should have clear and simple goals too. The primary one for Government’s new Industrial Strategy is “to make the UK the best place to invest anywhere in the world.”

Jun 12, 2025

The biggest surprise of the Spending Review? The fact there were any

The significant trail of announcements over the last few weeks meant that most of today’s big ticket items were old news by the time we heard them from the Chancellor – but one thing that had been kept quiet was the outlook for day-to-day departmental spending.

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