Pranesh Narayanan
@praneshippr.bsky.social
Senior research Fellow at IPPR thinking about a fairer, sustainable and more productive economy
Reposted by Pranesh Narayanan
NEW: The high cost of living is on the forefront of the public's mind. The government should launch 'a war on bills' - a multi-year policy campaign to bring costs down. There are no silver bullets, but there are lots of small things that the government can do to show that it's on people side. (1/4)
November 12, 2025 at 1:11 PM
NEW: The high cost of living is on the forefront of the public's mind. The government should launch 'a war on bills' - a multi-year policy campaign to bring costs down. There are no silver bullets, but there are lots of small things that the government can do to show that it's on people side. (1/4)
Reposted by Pranesh Narayanan
This is an ace paper. We are far beyond "China dominates supply". Building domestic/regional supply chains are contingent on Chinese firms/expertise. The most interesting qus for govts now around tech transfer and leapfrogging rather than competition
www.netzeropolicylab.com/china-green-...
www.netzeropolicylab.com/china-green-...
September 18, 2025 at 10:00 AM
This is an ace paper. We are far beyond "China dominates supply". Building domestic/regional supply chains are contingent on Chinese firms/expertise. The most interesting qus for govts now around tech transfer and leapfrogging rather than competition
www.netzeropolicylab.com/china-green-...
www.netzeropolicylab.com/china-green-...
The UK isn't close to broke but it does have a problem with fiscal drama. Tax rises will help - higher revenues will mean that HMT is less under pressure from chaotic financial markets, and the UK economy is more stable.
Pleased to be quoted in
@politicshome.bsky.social by @nadinebh.bsky.social
Pleased to be quoted in
@politicshome.bsky.social by @nadinebh.bsky.social
September 17, 2025 at 11:42 AM
The UK isn't close to broke but it does have a problem with fiscal drama. Tax rises will help - higher revenues will mean that HMT is less under pressure from chaotic financial markets, and the UK economy is more stable.
Pleased to be quoted in
@politicshome.bsky.social by @nadinebh.bsky.social
Pleased to be quoted in
@politicshome.bsky.social by @nadinebh.bsky.social
@barclaysuk.bsky.social
says savers should shove cash savings into stocks for “higher returns” and to “help the economy.” What it really means is more risk for households, no guarantee of new UK investment, and one certainty—banks rake in more fees. Financial assets ≠ real investment.
says savers should shove cash savings into stocks for “higher returns” and to “help the economy.” What it really means is more risk for households, no guarantee of new UK investment, and one certainty—banks rake in more fees. Financial assets ≠ real investment.
September 12, 2025 at 11:00 AM
@barclaysuk.bsky.social
says savers should shove cash savings into stocks for “higher returns” and to “help the economy.” What it really means is more risk for households, no guarantee of new UK investment, and one certainty—banks rake in more fees. Financial assets ≠ real investment.
says savers should shove cash savings into stocks for “higher returns” and to “help the economy.” What it really means is more risk for households, no guarantee of new UK investment, and one certainty—banks rake in more fees. Financial assets ≠ real investment.
Reposted by Pranesh Narayanan
We are just the only country stupid enough to discuss "black holes" every time yields rise 10bps
September 5, 2025 at 4:10 PM
We are just the only country stupid enough to discuss "black holes" every time yields rise 10bps
This isn't really true though. Borrowing over the quarter is completely in line with OBR's expectations. Borrowing was higher than expected in June, lower than expected in May, overall no deviation to the OBR's forecast. Economists in the city just got it wrong...
July 22, 2025 at 9:30 AM
This isn't really true though. Borrowing over the quarter is completely in line with OBR's expectations. Borrowing was higher than expected in June, lower than expected in May, overall no deviation to the OBR's forecast. Economists in the city just got it wrong...
Today’s industrial strategy made some clear strategic choices for the future direction of the UK economy. @ippr.org found that there are opportunities for the UK in three key clean technology industries, all of which are featured in the strategy 1/8
June 23, 2025 at 3:27 PM
Today’s industrial strategy made some clear strategic choices for the future direction of the UK economy. @ippr.org found that there are opportunities for the UK in three key clean technology industries, all of which are featured in the strategy 1/8
GDP stats today were a pleasant surprise for the Chancellor.
BUT there are real headwinds coming up. There needs to be a real commitment to long-term investment.
It was great to talk about this on the BBC (with a brief intrusion from Trump...)
youtu.be/l5r5ib4Jb24
BUT there are real headwinds coming up. There needs to be a real commitment to long-term investment.
It was great to talk about this on the BBC (with a brief intrusion from Trump...)
youtu.be/l5r5ib4Jb24
Pranesh Narayanan on BBC News discussing GDP
YouTube video by Institute for Public Policy Research
youtu.be
May 15, 2025 at 2:06 PM
GDP stats today were a pleasant surprise for the Chancellor.
BUT there are real headwinds coming up. There needs to be a real commitment to long-term investment.
It was great to talk about this on the BBC (with a brief intrusion from Trump...)
youtu.be/l5r5ib4Jb24
BUT there are real headwinds coming up. There needs to be a real commitment to long-term investment.
It was great to talk about this on the BBC (with a brief intrusion from Trump...)
youtu.be/l5r5ib4Jb24
Reposted by Pranesh Narayanan
Thanks @prospectmagazine.co.uk @aloner.bsky.social who let me write about Tony Blair's recent tribute act to the TB-GBs of New Labour, with some more serious consideration of where his NZ antipathy comes and the new politics if climate
mini 🧵
www.prospectmagazine.co.uk/politics/698...
mini 🧵
www.prospectmagazine.co.uk/politics/698...
Tony Blair’s ideas for net zero are expensive and unpopular
The former PM’s clumsy climate intervention exposes the new political contest over the environment
www.prospectmagazine.co.uk
May 1, 2025 at 5:21 PM
Thanks @prospectmagazine.co.uk @aloner.bsky.social who let me write about Tony Blair's recent tribute act to the TB-GBs of New Labour, with some more serious consideration of where his NZ antipathy comes and the new politics if climate
mini 🧵
www.prospectmagazine.co.uk/politics/698...
mini 🧵
www.prospectmagazine.co.uk/politics/698...
This is what growth looks like - innovation leading to successful export opportunities in things that the world needs.
UK rail manufacturing is small right now but it has potential - the new government's Industrial Strategy has to support it
www.telegraph.co.uk/business/202...
UK rail manufacturing is small right now but it has potential - the new government's Industrial Strategy has to support it
www.telegraph.co.uk/business/202...
Battery breakthrough to help UK train factory ‘leapfrog overseas rivals’
County Durham plant to help Hitachi Rail take on intercity giants Siemens and Alstom
www.telegraph.co.uk
April 15, 2025 at 8:37 AM
This is what growth looks like - innovation leading to successful export opportunities in things that the world needs.
UK rail manufacturing is small right now but it has potential - the new government's Industrial Strategy has to support it
www.telegraph.co.uk/business/202...
UK rail manufacturing is small right now but it has potential - the new government's Industrial Strategy has to support it
www.telegraph.co.uk/business/202...
Reposted by Pranesh Narayanan
Green transport manufacturing, including e-bikes, buses and EVs, can play a key role in the UK's industrial strategy
Governance matters: this strategy must fit with creating a better transport system - one that embraces 'multimodal mobility' and reduces car dependency
New @ippr.bsky.social report👇
Governance matters: this strategy must fit with creating a better transport system - one that embraces 'multimodal mobility' and reduces car dependency
New @ippr.bsky.social report👇
Planes, trains and automobiles: How green transport can drive manufacturing growth in the UK | IPPR
Along with investment in infrastructure, the production of green transport equipment – electric trains and cars, for example – here in the UK, is the solut
www.ippr.org
April 2, 2025 at 8:32 AM
Green transport manufacturing, including e-bikes, buses and EVs, can play a key role in the UK's industrial strategy
Governance matters: this strategy must fit with creating a better transport system - one that embraces 'multimodal mobility' and reduces car dependency
New @ippr.bsky.social report👇
Governance matters: this strategy must fit with creating a better transport system - one that embraces 'multimodal mobility' and reduces car dependency
New @ippr.bsky.social report👇
Trump's tariffs are destabilising the global economy, and will impact UK manufacturers, particularly the car industry. A trade deal to avoid tariffs will be helpful, but the government can go further by supporting these industries to build the tech of the future
April 2, 2025 at 9:16 AM
Trump's tariffs are destabilising the global economy, and will impact UK manufacturers, particularly the car industry. A trade deal to avoid tariffs will be helpful, but the government can go further by supporting these industries to build the tech of the future
Reposted by Pranesh Narayanan
Slowly but surely, the economy is growing.
The pessimism post-budget seems to have been overplayed as firms prepared for the pain of higher taxes but couldn’t yet see the benefits of increased spending. The government needs stick to its guns says @praneshippr.bsky.social.
The pessimism post-budget seems to have been overplayed as firms prepared for the pain of higher taxes but couldn’t yet see the benefits of increased spending. The government needs stick to its guns says @praneshippr.bsky.social.
February 13, 2025 at 7:35 AM
Slowly but surely, the economy is growing.
The pessimism post-budget seems to have been overplayed as firms prepared for the pain of higher taxes but couldn’t yet see the benefits of increased spending. The government needs stick to its guns says @praneshippr.bsky.social.
The pessimism post-budget seems to have been overplayed as firms prepared for the pain of higher taxes but couldn’t yet see the benefits of increased spending. The government needs stick to its guns says @praneshippr.bsky.social.
You can grow the economy and hit climate goals at the same time - the story below highlights some of the opportunities. The government could quite easily (and quite cheaply!!) provide the certainty and support manufacturers need through the Industrial Strategy www.ft.com/content/397c...
How years of waiting for parts is holding up the UK’s energy transition
Companies are facing long lead times to secure essential items such as transformers
www.ft.com
February 4, 2025 at 9:39 AM
You can grow the economy and hit climate goals at the same time - the story below highlights some of the opportunities. The government could quite easily (and quite cheaply!!) provide the certainty and support manufacturers need through the Industrial Strategy www.ft.com/content/397c...
Reposted by Pranesh Narayanan
Thrilling, baffling yet energising - What fresh economic opportunities might Genghis Khan's monumental million-skull structure portend for Merv?
February 3, 2025 at 10:50 AM
Thrilling, baffling yet energising - What fresh economic opportunities might Genghis Khan's monumental million-skull structure portend for Merv?
Scotland’s investment in subsea cable manufacturing is a clear example of green, growth-enhancing industrial policy in action. This is the route to a competitive, sustainable and prosperous economy built for the future www.ft.com/content/8ce0...
Scotland bets on supply chain growth with subsea cable investment
Port project promises to deliver jobs and green growth but developers raise concerns over nascent technology
www.ft.com
January 30, 2025 at 10:35 AM
Scotland’s investment in subsea cable manufacturing is a clear example of green, growth-enhancing industrial policy in action. This is the route to a competitive, sustainable and prosperous economy built for the future www.ft.com/content/8ce0...
Reposted by Pranesh Narayanan
I agree with this: planning reform is good, but the constraint on mass housebuilding now is a lack of real resources: www.instituteforgovernment.org.uk/comment/gove...
The government’s welcome planning reforms alone won’t deliver Starmer’s ‘building boom’ | Institute for Government
The government's planning reforms are bold and ambitious.
www.instituteforgovernment.org.uk
January 28, 2025 at 1:07 PM
I agree with this: planning reform is good, but the constraint on mass housebuilding now is a lack of real resources: www.instituteforgovernment.org.uk/comment/gove...
UK needs houses, gigafactories, data centres, labs, railways and new grid. This needs construction workers/materials, which are in short supply. Are benefits of airport expansion worth the opportunity cost of sucking resources from these other growth-boosting projects right now?
January 28, 2025 at 10:34 AM
UK needs houses, gigafactories, data centres, labs, railways and new grid. This needs construction workers/materials, which are in short supply. Are benefits of airport expansion worth the opportunity cost of sucking resources from these other growth-boosting projects right now?
A company that spent tens of billions of £ on share buybacks over the past 3 years is now making job cuts to recover its share price...
It's almost like prioritising short-term financial results is actually a bad business model...
www.ft.com/content/2245...
It's almost like prioritising short-term financial results is actually a bad business model...
www.ft.com/content/2245...
BP axes 4,700 jobs in cost-cutting drive
UK energy major under pressure from shareholders to turn around its performance
www.ft.com
January 16, 2025 at 11:56 AM
A company that spent tens of billions of £ on share buybacks over the past 3 years is now making job cuts to recover its share price...
It's almost like prioritising short-term financial results is actually a bad business model...
www.ft.com/content/2245...
It's almost like prioritising short-term financial results is actually a bad business model...
www.ft.com/content/2245...
Today's monthly GDP figures show a 0.1% increase in real GDP in November - the first positive reading in 3 months. It's encouraging but far from outstanding, and very clear that interest rates have become a drag on growth. The Bank of England must cut rates ASAP
January 16, 2025 at 7:28 AM
Today's monthly GDP figures show a 0.1% increase in real GDP in November - the first positive reading in 3 months. It's encouraging but far from outstanding, and very clear that interest rates have become a drag on growth. The Bank of England must cut rates ASAP
Reposted by Pranesh Narayanan
🚙 How can we make sense of the Vauxhall/Stellantis factory closure?
First must avoid mixing up cause and effect, just because this is happening at the same time as the ZEV mandate doesn't mean it's the cause
It's clear IMO that this has nothing to do with net zero regulations
First must avoid mixing up cause and effect, just because this is happening at the same time as the ZEV mandate doesn't mean it's the cause
It's clear IMO that this has nothing to do with net zero regulations
November 28, 2024 at 8:10 AM
🚙 How can we make sense of the Vauxhall/Stellantis factory closure?
First must avoid mixing up cause and effect, just because this is happening at the same time as the ZEV mandate doesn't mean it's the cause
It's clear IMO that this has nothing to do with net zero regulations
First must avoid mixing up cause and effect, just because this is happening at the same time as the ZEV mandate doesn't mean it's the cause
It's clear IMO that this has nothing to do with net zero regulations
Reposted by Pranesh Narayanan
- on.ft.com/4hZVGNj The world desperately needs a slump of Japanese length, to wring out this speculative excess
Crypto chief buys a banana for $6mn at contemporary art auction
Justin Sun, founder of blockchain network Tron, outbids six others for Maurizio Cattelan’s ‘Comedian’
on.ft.com
November 21, 2024 at 10:06 AM
- on.ft.com/4hZVGNj The world desperately needs a slump of Japanese length, to wring out this speculative excess
Reposted by Pranesh Narayanan
1/5
This WSJ article makes an important point: tax cuts promote growth mainly to the extent that they promote domestic business investment. This means that whether or not tax cuts are good for growth depends on underlying conditions.
www.wsj.com/economy/why-...
This WSJ article makes an important point: tax cuts promote growth mainly to the extent that they promote domestic business investment. This means that whether or not tax cuts are good for growth depends on underlying conditions.
www.wsj.com/economy/why-...
Why Some Tax Cuts Can Be Better Than Others
The biggest potential payoffs for economic growth come from creating incentives for businesses to make new investments.
www.wsj.com
November 21, 2024 at 8:44 AM
1/5
This WSJ article makes an important point: tax cuts promote growth mainly to the extent that they promote domestic business investment. This means that whether or not tax cuts are good for growth depends on underlying conditions.
www.wsj.com/economy/why-...
This WSJ article makes an important point: tax cuts promote growth mainly to the extent that they promote domestic business investment. This means that whether or not tax cuts are good for growth depends on underlying conditions.
www.wsj.com/economy/why-...
After seeing @isabellamweber.bsky.social's work on sellers' inflation, headlines like this make me think similar dynamics are at work when it comes to tax rises as well.
Could firms be building their margins by coordinating actions around a tax hike?
feeds.bbci.co.uk/news/article...
Could firms be building their margins by coordinating actions around a tax hike?
feeds.bbci.co.uk/news/article...
Hospitality workers' jobs threatened by Budget, bosses warn
Hospitality bosses are calling for changes to what they describe as
feeds.bbci.co.uk
November 18, 2024 at 6:08 PM
After seeing @isabellamweber.bsky.social's work on sellers' inflation, headlines like this make me think similar dynamics are at work when it comes to tax rises as well.
Could firms be building their margins by coordinating actions around a tax hike?
feeds.bbci.co.uk/news/article...
Could firms be building their margins by coordinating actions around a tax hike?
feeds.bbci.co.uk/news/article...