The main news this morning is that the Lord Heseltine report into economic growth contains a handful of withering criticisms of the coalition (although to be fair he is trying to remain on-message during his many interviews):
* The former deputy prime minister says he frequently hears complaints the UK “does not have a strategy for growth” and business leaders had a “powerful appetite” for a stronger vision. While there have been Treasury growth plans, he writes, “put crudely who knows of them?”
* The veteran peer calls for “war psychology” to deal with the economic crisis. He demands an end to ministerial uncertainty on crucial issues such as energy and aviation.
* He said that current structures did not enable the government to “work together coherently” on economic strategy. The report adds that “it takes too long for decisions to be made” by the government with a tendency to “kick difficult questions into the long grass”. Read more



Jim Pickard
Kiran Stacey