Billingham, South Bank and Anthony Barber: Business rates and Britain’s Most Chaotic Chancellor

In 1970, Ted Heath unexpectedly became Prime Minister, replacing Harold Wilson for what turned out to be a turbulent four years. His Chancellor, Anthony Barber, embarked on one of the most ambitious — and disastrous — economic experiments in modern British history. The resulting “Barber Boom” was a huge dash for growth: tax cuts, relaxed … Read more

Britain Has Nationalised Steel Again — Why Did Nobody Notice?

I used to work in Redcar. Every morning I would drive past the steelworks. It dominated the landscape, physically and psychologically. You could see it from miles away: towers, chimneys, flames, steam, conveyors, endless geometry in rust red and grey. Whatever else Teesside was, it was a place that made things. Even if you never … Read more