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FT: Criticism of energy groups overshadows good news in [wind] sector
The changing view of the “big six” energy companies is symbolized by a recent Mirror front page headline that showed Centrica CEO, Sam Laidlaw as the “blackout blackmailer”. Commons energy select committee chairman, Tim Yeo, cannot remember energy being such a high-profile issue in his 30 years as MP. The CMA referral and the Tories proposed block on onshore wind farms have exacerbated fear in the sector. But Siemens’ Yorkshire wind turbine factory and the investment push by Dong, Statoil, Statkraft and Vattenfall show that “the big six are not the only game in town.”
FT:Labour vows to spread wealth away from London
In a little-noticed speech Ed Miliband confirmed Labour’s move away from the old regional development agencies as a means of generating growth in the English regions. Instead, the new local enterprise partnerships (LEPs) would be retained and the focus would be on cities, city-regions and partnerships of councils.
The Guardian:Government contractors begin to realise public trust is an end in itself
Jim Bligh, head of public services at the CBI, writes that the private sector is starting to recognise that building public trust is a worthy end in itself. The risks of not being transparent – of hiding behind bureaucracy or commercial confidentiality – far outweigh the risks of the alternative. Transparency ultimately shines a light on good performance and bad performance alike, which means that it can greatly improve the competitive dynamic. The losers will be companies and public bodies which simply aren’t performing well enough.
The New Yorker: Heartbleed: an example of ungovernability
You may not yet have heard of Heartbleed, the latest cyber-threat, but you are probably already a victim of it. The New Yorker reports on why one respected cryptography expert describes the threat of Heartbleed as 11 on a scale of one to ten. Was it on the Government’s cyber-crime radar? And even if it was, what can one Government do to tackle what is a global threat?
The Independent: Over here for the beer
A bevy of brewers is increasingly flocking to London from overseas. Discover why the English beer regulations make the capital the place to be for German and US brewers thirsty for innovation
The Independent: Erdogan: from model strongman to tinpot dictator
The Turkish premier’s decline into authoritarianism has dangerous geopolitical consequences.
Posted in Alcohol, Energy, infrastructure, Policy, Renewables, Technology
Tagged Alcohol, beer, Cyprus, Energy, government contractors, heartbleed, infrastructure, Labour, LEPs, Policy, renewable energy, reputation, Turkey, wind farms
Recent opinion polls raise the prospect of a hung Parliament following the general election. This has put a spring in the step of Labour Party campaign managers who think they might still win and caused jitters in the Conservative Party high command, which suddenly fears election victory may slip away from them. It also caused mild panic among City currency traders, who sent the pound below $1.50.
No-one likes a hung Parliament, apart from the Liberal Democrats and the minor parties, who will try to exchange their support for the governing party for items on their policy wish-lists. Labour and the Conservatives will maintain the fiction that they are focused on winning an overall majority, but privately they will be working out what to do in the event that no-one wins outright.
But what would it mean for businesses if the electorate fails to make up its mind? Of course, there will be a new raft of Ministers and special advisers to get to grips with, but those Ministers only make decisions based on official advice. And, crucially, the officials tasked with shaping and implementing policy will still be at their desks, whatever the outcome. They will remain critical stakeholders for businesses wanting to engage on policy. And policy success, as now, comes from a well-prepared, well-articulated case that persuades officials, not from connections or favours.
Parliament would also become more important, as a minority Government would need every vote to get its legislation through. Minor parties could have undue influence as they threaten to withhold the handful of votes needed to secure a majority in the lobby, while individual MPs would be more able to amend legislation or pressure Ministers into policy concessions or spending commitments. And the in-built Government majority on Select Committees would disappear, increasing the scope for inquiries and reports to be more critical of Ministers – and businesses under scrutiny.
This would require businesses also to engage more widely and actively among MPs, since they would not be able to rely on Ministers riding roughshod over minority views, especially on controversial proposals such as new runways, power stations, wind farms and large-scale retail and office developments. And with enough MPs pressing, Ministers could also be expected to make uncomfortable concessions imposing tougher environmental restrictions or new issue-led taxes.
Businesses may be hoping as much as Labour and Conservative politicians that there is a decisive election outcome. But if there isn’t, good businesses would still be able to negotiate the policy labyrinth, though it may take a little more effort than today.
Posted in Government, Policy, Politics, public affairs, Select Committees, UK Parliament
Tagged businesses, Conservative, environmental restrictions, general election, Government, hung Parliament, Labour, legislation, Liberal Democrats, Ministers, minor parties, MPs, office developments, opinion polls, Policy, power stations, Retail, runways, scrutiny, special advisers, spending commitments, stakeholders, wind farms