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Andrew Sissons

The policy agenda for data

Posted By Andrew Sissons

18 January 2013

His final blog in the series on data, Andrew takes a look at the concerns of policy makers regarding data and the recommendation he would give them.

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Andrew thinks of ways to create a exclusive market for data, and what would have to be in place for it to be successful.

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Andrew Sissons

How can data create economic growth?

Posted By Andrew Sissons

16 January 2013

In his third blog this week, Andrew looks at ways in which data could be used by businesses to deliver strong economic growth.

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Andrew Sissons

What is data and why is it useful?

Posted By Andrew Sissons

15 January 2013

In the second instalment of a blog series on data, Andrew explains what our current conception of data is and what it could achieve in years to come.

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The first in a series of 5 blogs, Andrew looks at how the effective use of data could transform our economy.

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There’s a debate swirling around in the blogosphere about robots, and whether they’re stealing our jobs

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At face value, the OBR forecast may not seem very interesting - but behind the scenes, debate is raging about what the future of the UK economy looks like.

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Andrew Sissons

Technology for tomorrow, action for today

Posted By Andrew Sissons

23 November 2012

David Willetts today (23 Nov) launched an update of the government’s “technology foresight” exercise, which aims to identify the key technologies that will drive economic growth in the 2020s. The paper makes exciting reading for futurologists, covering 53 technologies from tissue engineering to nuclear fusion, and it gives government something to think about. This type of exercise – one which looks ahead at future sources of economic growth – is welcome, and is something governments should take seriously.

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Andrew Sissons

We cannot rely on consumer spending to drive a strong recovery

Posted By Andrew Sissons

15 November 2012

Some of the UK’s economic commentators have become afflicted by a very strange idea recently: that consumer spending is going to rescue the UK economy.

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Allister Heath, editor of City AM, discussed our report on 3D printing in his letter this morning. He labels 3D printing – along with self-driving cars – as the “big ideas to watch over the next decade”. We’d probably argue there are other, equally important technologies with the potential to transform the economy (and probably others we haven’t heard of yet), but it is always encouraging when the media pays some attention to the things that will get our economy growing in the long-term.

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Andrew Sissons

Is it time to give up on growth?

Posted By Andrew Sissons

03 October 2012

In an era of seemingly un-ending economic crisis, it has become fashionable to suggest that the West’s stagnation is not just a blip but a permanent phenomenon. The idea, captured most prominently in Tyler Cowen’s “Great Stagnation”, is that we’ve run out of useful new ideas and technologies, and so have nothing left with which to make the economy grow.

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The headline from today’s GDP statistics – that the contraction in Q2 has been revised from 0.5% to 0.4% - is about the least interesting statistic in there. Today’s release, the Quarterly National Accounts, is packed full of numbers that give us a clue about how and why the UK economy is shrinking.

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Andrew SissonsSpencer Thompson

The lost art of making markets

Posted By Andrew Sissons and Spencer Thompson

03 July 2012

The UK economy is undergoing a profound and alarming downward shift in its productivity and competitiveness. The problem has deep roots; to put it simply, we must become better at creating new markets.

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Andrew Sissons

The danger of a low wage, low security job trap

Posted By Andrew Sissons

16 May 2012

Today’s job market figures contain plenty of good news. But for all these positive signs, there are a couple of doubts hanging over these numbers.

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Andrew Sissons

Working families need jobs and growth, not taxation tweaks

Posted By Andrew Sissons

21 March 2012

The Chancellor told us that today’s Budget was aimed at “working families”. His Budget speech focused on tax changes to help those on middle and lower incomes, but in doing so he paid less attention to the real issues: growth and jobs.

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