The writer, an FT contributing editor, is chief executive of the Royal Society of Arts and former chief economist at the Bank of England
Exactly a century on from the party’s first term of office, a Labour government has swept to power with one of the largest ever parliamentary majorities. Labour ran on a campaign slogan of “change”. The first part of that sweeping change — in people — is complete. The second, harder and more important part now lies ahead: similarly sweeping…
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