For a nation of Nimbys, Britain – or at least London – is remarkably fond of its skyscrapers. We love them so much we give them cutesy diminutives like ‘The Gherkin’, ‘The Cheesegrater’ and the ‘Walkie Talkie’. We boast about vistas from which you can see them, marketing properties for their ‘stunning view of The […]
Barring some form of constitutional crisis, Andy Burnham will become Prime Minister. We do not even know who his new Chancellor will be, let alone what their policies and priorities are. However, whoever gets the top job at 1 Horse Guards Road, they should make tax reform their top priority if they want to bring […]
The Great Depression was bad, but how bad was it exactly? In its early days, people spent a lot of time arguing over specific metrics like steel output or share prices, but the US Congress wanted a way to quantify how bad things were for the economy as a whole. In 1932, Congress commissioned Simon […]
Schools do not exist in isolation from the economy. The number of young people who are not in employment, education or training (NEET) is, in large part, a function of the economic conditions in which they leave education. When growth is weak, entry-level opportunities are scarce, employers are cautious and the public finances that pay […]
Britain is in a growth emergency. But our political class refuses to act like it. Government after government, prime minister after prime minister, it has failed to take the radical action required. Economic growth has been on a downward trajectory for 70 years. We have gone from one of the richest countries in the world […]
Across the UK, millions of people rely on the railways to travel. From 2024 to 2025, there were 1.7 billion passenger rail journeys, of which 1.08 billion were completed within a single region. And yet all too often, local rail has been neglected, with funding prioritised for London and the South East. As a result […]
Nigel Farage, the Member of Parliament for Clacton and leader of Reform UK, has resigned, triggering a by-election in the constituency. This follows weeks of speculation regarding an undeclared £5 million gift Farage received before he became an MP, as well as other gifts he allegedly should have declared. Farage intends to stand in the […]
Most of those who, despite all discouragement, continue to invest in the UK have a sense of foreboding over an Andy Burnham premiership. We know that he will try to reconcile two irreconcilables. First, he will offer bold, exciting change from the uninspiring couple of years under Keir Starmer. Second, he will resist holding an […]
There was as much doubt about Labour’s leadership nominations as there was at the Accession Council in September 2022. Like the Privy Counsellors before them, Labour MPs have declared Andy Burnham leader with ‘one voice and consent of tongue and heart’. Although he won’t officially be declared Labour’s new leader until July 17, by securing […]
Andy Burnham is not a forward-looking man. His musical interests stop at around 1998, his approach to industry is straight out of the 1970s and his favourite football team hasn’t won a trophy for over thirty years. It’s little surprise then that he takes a dim view of the ongoing tech revolution. It was reported […]
Rachel Reeves has found another group of taxpayers to squeeze: graduates who still think they have a student loan rather than a second income tax. At the 2025 Budget, she froze the Plan 2 student loan repayment threshold at £29,385 for three years from April 2027, rather than uprating it with earnings. Freezing a threshold […]
Nigel Farage has just resigned his seat to force a by-election in Clacton. The establishment, his allies say, is trying to destroy him. Perhaps – but have they misjudged their target? Gawain Towler, Reform UK’s director of communications from 2019 to 2024 and now a member of the party’s governing board, joined CapX editor Marc […]
Britain is in trouble. Its economy is stagnant, and its politics are in turmoil, with Andy Burnham set to be our seventh prime minister in a decade. Yet former chancellor Jeremy Hunt has a surprisingly upbeat take on Britain’s potential – if its politicians can be bold enough. In this episode of The Capitalist, he […]
Aspiration was once the beating heart of British conservatism – so how did the party lose it, and can it win it back? Mario Creatura, a former special adviser to Theresa May in Downing Street, joins CapX editor Marc Sidwell to trace how the Brexit years and the paternalism of Covid pushed ambition and opportunity […]
Ten years ago, Matthew Elliott ran the campaign that changed Britain forever. As the architect of Vote Leave, he helped deliver a result that few – including many on his own side – genuinely expected to win. A decade on, with the political landscape transformed and some senior Labour figures openly discussing a return to […]
The UK government is giving tech companies three months to activate on-device content scanning and age verification across all smartphones and tablets sold in Britain – or face fines and potentially criminal liability. Framed as a child safety measure, the proposal has drawn fierce criticism from privacy advocates, civil liberties groups, and free speech lawyers […]
With Donald Trump back in the White House, tariffs have become front-page news, and advocates for free trade find themselves on the back foot. Is this a passing phase, or a permanent shift? Soumaya Keynes and Chad Bown argue that with great powers now using trade as a weapon, there can be no simple return […]
Watch or listen to CapX’s weekly podcast ‘The Capitalist’ wherever you get your podcasts.
For a nation of Nimbys, Britain – or at least London – is remarkably fond of its skyscrapers. We love them so much we give them cutesy diminutives like ‘The Gherkin’, ‘The Cheesegrater’ and the ‘Walkie Talkie’. We boast about vistas from which you can see them, marketing properties for their ‘stunning view of The […]
Barring some form of constitutional crisis, Andy Burnham will become Prime Minister. We do not even know who his new Chancellor will be, let alone what their policies and priorities are. However, whoever gets the top job at 1 Horse Guards Road, they should make tax reform their top priority if they want to bring […]
Schools do not exist in isolation from the economy. The number of young people who are not in employment, education or training (NEET) is, in large part, a function of the economic conditions in which they leave education. When growth is weak, entry-level opportunities are scarce, employers are cautious and the public finances that pay […]
The Great Depression was bad, but how bad was it exactly? In its early days, people spent a lot of time arguing over specific metrics like steel output or share prices, but the US Congress wanted a way to quantify how bad things were for the economy as a whole. In 1932, Congress commissioned Simon […]
Britain is in a growth emergency. But our political class refuses to act like it. Government after government, prime minister after prime minister, it has failed to take the radical action required. Economic growth has been on a downward trajectory for 70 years. We have gone from one of the richest countries in the world […]
Nigel Farage, the Member of Parliament for Clacton and leader of Reform UK, has resigned, triggering a by-election in the constituency. This follows weeks of speculation regarding an undeclared £5 million gift Farage received before he became an MP, as well as other gifts he allegedly should have declared. Farage intends to stand in the […]
Josiah Quincy Jr., who was the mayor of Boston in the middle of the nineteenth century, wrote in his Last Will and Testament that his son should read ‘John Locke’s works, – Lord Bacon’s works, – Gordon’s Tacitus, – and Cato’s Letters. May the spirit of liberty rest upon him!’ Indeed, there is nothing closer […]
Should Sadiq Khan decline to run for a fourth term as London mayor, his contribution to public life will largely have been stoking the culture war. From spaffing European symbols over the New Year’s fireworks to funding bemusing anti-misogyny campaigns, the public messaging has been relentless, if little else has. And yet there’s another cultural […]
Since Andy Burnham became the Mayor of Manchester in 2017, the term Manchesterism has taken on a new meaning. To him, it stands for the expansion of the public sector and a managerial state. Now, with Keir Starmer on the brink of resignation and Burnham’s Makerfield by-election win clearing his path to Westminster, Britain may […]
Andy Burnham is not a forward-looking man. His musical interests stop at around 1998, his approach to industry is straight out of the 1970s and his favourite football team hasn’t won a trophy for over thirty years. It’s little surprise then that he takes a dim view of the ongoing tech revolution. It was reported […]
Last Friday, the most capable AI model in the world went dark. Anthropic had released Fable 5 three days earlier; on June 12, a U.S. executive order cut off access for foreign nationals. With no clean way to wall Americans off from the rest of us inside a global system used by hundreds of millions […]
Artificial intelligence is already reshaping policing, and the recent row over the Metropolitan Police’s blocked deal with Palantir shows how far politics is lagging behind operational reality. If we are serious about protecting frontline officers and visible neighbourhood policing, we should embrace carefully regulated AI as a force multiplier that releases cops from analogue bureaucracy […]
In the year we celebrate the 250th anniversary of Adam Smith, we must also celebrate the idea that the wealth of nations and the free, fair exchange of goods and services are intricately connected. This idea is what made Britain one of the wealthiest countries in the world and – with one in three pounds […]
It’s only on the basis of truth that power should be won – or indeed can be worth winning. Margaret Thatcher, 1996 It is a hundred years since Margaret Thatcher was born in Grantham. Fifty years since she took over the Conservative Party. Almost 35 years since she was forced from office. Today’s voters are […]
If you’re under the age of 53, no human being has ever left low Earth orbit in your lifetime. Just nine spaceflights, all under the Apollo Program, took human beings beyond Earth orbit at all. And they all took place in a four-year burst between December 1968 and December 1972. Tonight, NASA attempts to change […]
There is much discussion right now about the dysfunctionality of UK politics. This goes beyond complaints about the policy incoherence or ineffectuality of any particular government, whether that be the current one or its Tory and Coalition predecessors. Rather, there is a growing feeling that the political system itself, the whole process of politics, no […]
Ten years ago, the EU referendum created two new political tribes: Leavers and Remainers. As Sara Hobolt and I show in our new book ‘Tribal Politics: How Brexit divided Britain’, both tribes are very much still with us. Even today, about 60% of people in Britain identify as a Remainer or a Leaver, and people’s […]
‘Isn’t it time we stopped talking about her?’ Fifty years since Margaret Thatcher became leader of the Conservative Party, her face, and even some of her iconic outfits, were all over this year’s party conference. Not everyone was happy about that. Hot takes and tweets grumbled about it being time to move on, to pack […]
