Excellent morning with Jon Alexander and ⿻ Audrey Tang 唐鳳. Audrey explained how in 2014 trust in government in Taiwan was just *9%* before they began their experiments in digital democracy. Today, it's *more than 70%*

🌍Will the National Wealth Fund help us get closer to net zero, or just 'de-risk' private capital?💰 This week explore the work of Daniela Gabor and others, and summarise some things to look out for in the mandate and design of Labour’s flagship policy: neweconomybrief.net/the-digest

“If we really want to unlock more development, the solution is not less, but more democracy. We need to flip the question from ‘are you for or against development?’ to a more constructive one: ‘what would development have to look like for you to support it?’.” 👏🏼

Martin Wolf: Citizens should be asked to do more in UK politics on.ft.com/3xXiprt

How can the new government win back trust and see off populism? Today we Demos publish our Citizens’ White Paper, setting out how the government could embark on a new era of public participation in policy making to help achieve just that. Read it here: demos.co.uk/wp-content/upl…

Neglected fact: getting more housebuilding is about more than planning reform. Here’s an important graph for understanding that: Developers have consistently under-delivered on their planning permissions for years. 🧵 on why and why it matters

Two things to remember on tax: 1. The UK is still a low-tax country by European standards, far behind Germany, France and the Nordics. (Via Resolution Foundation.)

Derisking Public investment

Part of the job of a progressive government is to shift the public narrative towards the idea that the state can improve people's lives. Pretending the govt budget is like a households', as in this economically illiterate video, reinforces the idea that it can't.

🍃☀️This is the sort of potential stored up in the Local Power Plan element of GB Energy. We Power to Change have an exciting project in the works, with partners, exploring how we can make the most of this opportunity. More on this soon. 🍃☀️ theguardian.com/environment/ar…

Proud of our little team. 💛

Much needed nuance to the #HousingCrisis debate - supply-side policy / developer-led solutions won’t solve what is a fundamental, structural market failure.

The most powerful message to young men in the entire campaign

For goodness sake. Despite big tax rises overall chancellor has done it again. Fuel duty frozen and "temporary" 5p cut kept. This government is supposed to care about climate change. And I'm willing to bet fiscal numbers assume increases into the future. How much longer?

Fuel duty frozen; bus fares up 50%. All hail the green transition!

NEW microsimulation modelling from Joseph Rowntree Foundation. Following #Budget2024 and the latest OBR forecasts, we find average disposable incomes are now set to fall across the parliament. By October 2029, the average family is set to be £770/yr worse off in real terms compared with today. 1/

If there's a 'It's the economy stupid' side of the Trump victory, it's this one.

If you're even half interested in energy, I bet you've seen this chart. I call it The Most Hopeful Chart in the World. The point? We're embracing renewable power MUCH faster than expected. Hurrah! Only problem is, this chart has an evil twin. A chart we really need to discuss 🧵