In July 2017, four joint ventures were awarded HS2 civil contracts worth a combined £6.6 billion. The original structure was a target-cost contract with a pain/gain share, meaning that if costs overran, the contractor would [more…]
The sequence began in 2017, when Kushner was appointed as Trump’s special adviser for the Middle East. His method was geo-economics: financial incentives and commercial integration as a substitute for political solutions. He called forty [more…]
The revolving door describes one route through the system. There is another. Between 2013 and 2023, 68 of the 284 peers nominated by party leaders were political donors, giving a combined £58 million. Fifteen of sixteen [more…]
It is being called one of the largest and most ambitious infrastructure projects in modern history. The Donald called it ‘one of the greatest trade routes in all of history.’ But IMEC is not just [more…]
In each of the 438 quangos described in Part 2, someone decides who sits on the boards, who chairs the committees, and who approves the contracts. Look closely at who those people are and a [more…]
Part 1 can be read here:- The upcoming exam question for Reform (and anyone else who wants to solve the UK’s problems rather than merely secure power for its own sake) is how do you [more…]
Almost a third of all government spending, £391 billion a year, is not spent by government departments. It is spent by 438 separate publicly funded bodies that ministers cannot direct, Parliament cannot easily scrutinise, and voters [more…]
This chap, who I fear would not get a respectful audience on GP, did however manage to snag a gig last Christmas, delivering the Reith lectures on the BBC. In a series of four lectures, [more…]
Britain has had a hundred years to perfect its own decline. The pound, which once measured a quarter of the world’s trade, now buys less than it did in 1900 even before the inflation adjustment. [more…]
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