Labour’s first job is not to spend, but to fix the UK’s financial plumbing | Phillip Inman

The UK urgently needs investment. But no one seems to know whether the institutions that deliver it are working as they should

Every time an upmarket home is bought in the UK, the new residents seem obliged to rip out the kitchen and install two bathrooms where there was only one.

It is almost a cast-iron rule that walking across the threshold means paying builders to rearrange what was there before, almost for the sake of it.