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Funding the Future: Richard Murphy on developing a fairer and sustainable economy

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I keep hearing people say things like this right now:

I hate Labour, but I’d vote Burnham to keep Reform out.

I admit that if I were voting in the by-election in a fortnight's time, I might think that, and in the current UK political environment, I think this sentiment captures something important about the state of our politics.

We know that many people ...


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I keep warning of a crisis. But the question to ask is whether there is evidence of it happening.

There is. Take this chart from the FT on US oil reserves, which are falling rapidly:

So far in this Crisis, releases of oil from strategic reserves have kept prices under relative control. The US has done this, Japan has done this, and so have other countrie...


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THE RICHARD J MURPHY YOUTUBE CHANNEL

DEBATE AMMUNITION

LABOUR, PFI AND FINANCIAL ILLITERACY

Funding the Future | June 2026

TODAY’S TOPIC...


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Labour says it wants to build new towns. But if Rachel Reeves funds them through PFI-style private finance, those towns could be financially crippled from the start.

PFI was sold as a clever way to build public infrastructure without increasing government borrowing. In reality, it was a fiscal illusion. The state still paid, but paid far more than it needed to. Schools...


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