therealpm

The coalition government's "enterprise zones" seem to be as nebulous and ineffective a concept as their "big society". It is disappointing that the Tories should run back to one of the great failures of the Thatcher years, but with an economic policy so lacking in strategy, it is possible that they see no option for the future but to repeat the mistakes of the past. Perhaps a "natural pause" to "reflect" and "reconsider" is in order?

A little bit of wishful thinking, perhaps, on the part of several journalists.

For those interested in international trade, I have written a small article in the FT.

Hydration update: in progress. John and Alastair have much to answer for.