If there is one thing that all businesses crave it is certainty. Yet, Brexit unavoidably generates uncertainty. And whilst Theresa May rightly says it's our job to make a success of leaving the EU, this will be far easier to achieve and much more prosperous to experience, if we send an unequivocal message that Britain remains fully open for business.
After the shock of the break-up, the reasons we took the decision will sink in and that is what will remain. A Texan I work with greeted me Monday morning with 'You guys are free!', not as a celebration but a knowing statement of fact that was true last week as much as this. We are free, and that is the ultimate guarantee of peace and growth. Now, can the pound go up please?
The recent budget again shone the spotlight on the UK's precarious economic position. Despite years of austerity, public spending cuts, Quantitative Easing and some limited stimulating activity such as taking the lowest paid out of tax, the country is still in grave danger of falling back into recession. But we're not alone. The global economic outlook is poor. And western countries have hardly recovered from the last great recession.
An industrial strategy that focuses on clusters would be a strategic departure from the approach of much of the last three decades, when growth has been promoted through mainly sector-neutral horizontal policies. But without a shift of this nature, there is little prospect of the export revival that the Chancellor was hoping for when he set his target, and little hope of a rebalancing of the economy.
Delivering stronger economic growth and sustained rises in living standards for all working people is the economic policy challenge for our generation. A new progressive policy agenda is needed to achieve this. And it won't come by either turning our backs on the world economy, or hoping that traditional right-of-centre economics - laissez-faire, trickle-down, deregulation - is going to turn the tide of stagnating wages and rising inequality. That's the conclusion of the Commission on Inclusive Prosperity, which I have co-chaired with former US Treasury Secretary Larry Summers and reports today.
If we are then what are the benefits for us as a people of this Superpower? We are told that we benefit from trade deals here and there. But what is the reality? Are we as a population kidding ourselves that we are still a world power? Or is it more of an egotistical and superior belief that we are better than others who are not 'world powers'?
When the recession hit, it wiped out livelihoods and decimated entire markets. In the face of a global slump, Britain's housing sector was no exception; buyers couldn't afford to buy and builders couldn't afford to build. Over the course of several years, the pace of the property market dropped from jet stream to tumbleweed and the UK was left with an increasingly problematic housing deficit.
Myself and my regional team are joining thousands of people across the world by taking part in the Live Below the Line Challenge. For 5 days, we will be living on £1 a day for food and drink, with the aim of raising funds for Oxfam, to help improve the lives of the world's poorest, at home and abroad...
Voters from the 28 member nations of the European Union delivered an election earthquake on May 25. Results show major gains in the European Parliament for anti-integration, Euroskeptic parties which span the ideological spectrum from the extreme-right National Front which won the ballot in France, to the far-left Syriza Party which came first in Greece.