Anna Pick retweeted
Thank you @PositiveMoneyUK, and to @dhnnjyn of @NEF, Kate Bell of @The_TUC and @labourlewis for the discussion.
Read the report, co-authored with @annapick_ and @AnnaHopeEmerson ➡️ ucl.ac.uk/bartlett/publicati…
Late to re-share but good to see expanded firepower of NWF & BBB in the budget last month.
Our September report (with @MazzucatoM & @AnnaHopeEmerson) has ideas about how the UK's public finance ecosystem can be strengthened to support industrial strategy:
ucl.ac.uk/bartlett/publicati…
£20.4bn of new capital for the National Wealth Fund and British Business Bank is a welcome step. Public finance can drive good growth in every postcode, if it shapes deals around clear missions rather than just de-risking the private sector, and the public shares in the returns.
Read our report on UK's Public Finance ecosystem ➡️ ucl.ac.uk/bartlett/publicati…
Tonight I'll be on @BBCNewsnight discussing #UKBudget2026 and the need to widen the definition fiscal responsibility. Watch live at 22:00 on BBC Two or on @BBCiPlayer ➡️ bbc.co.uk/iplayer/episodes/b…
Anna Pick retweeted
Our new @IIPP_UCL report (co-authored with @annapick_ and @AnnaHopeEmerson ) does two things: assesses each new body against the key design criteria of mission-oriented institutions, and asks whether the wider ecosystem, fiscal rules included, is fit for purpose.
Anna Pick retweeted
Investing in essentials like education, health, energy and housing should be a top priority, according to our new Investability Index.
We assessed 11 sectors of the UK economy to identify where more public investment would have the biggest impact: investinbritain.org.uk/inves…
Anna Pick retweeted
For London Climate Action Week, @IPPR and @FlintGlobal launched a report on how international partnerships can scale clean industrial technologies.
An honour to work alongside global climate experts and leaders like Peter Hill.
My analysis focuses on green steel (see below).
Anna Pick retweeted
Europe’s largest companies are seeing record profits but low investment.
What do they do with the profits instead? Distribute them to shareholders, borrow to fund more payouts, and hoard earnings to maintain buffers for future distributions.
New policy brief, co-authored with @SamuelFleischm2, @AnnaHopeEmerson, and @LaraMerling, where we look at the social costs of misdirected capital and what to do about it. Link in replies.
Anna Pick retweeted
With the news of Keir Starmer's resignation, the discussion will turn to who replaces him. But this needs to be about more than personalities. The mission-oriented framework was the right answer to a real question: what is the economy for? What was missing was a strategy for how government itself needed to change to deliver on that vision. Missions became a slogan rather than a governing architecture.
I lay out a set of 12 recommendations for the next Prime Minister. Link in replies.
Anna Pick retweeted
School meals shouldn't be just a narrow social policy or cost-minimisation exercise, but can be a strategic instrument for industrial strategy, public health, climate action, and innovation.
On 24 June, join us at @UCL IIPP for an event on "Feeding the Future: School Meals as a Lever for Food Systems Transformation", in collaboration with @jatai_org
I will give a keynote, followed by reflections from our newly published case studies from Brazil (@EduardoSpano), Scotland (@L__Macfarlane), Sweden (@cityofsound), as well as international practices (Donald Bundy).
24 June | 14:00–15:30 BST | In-person at UCL or online via Zoom | Register here: eventbrite.co.uk/e/feeding-t…
Today! Hear from @MazzucatoM, Dr Annalisa Primi (@OECD), Mark Leigh (@energygovuk), @opamakhan (local gov't) and @annahopeemerson (@UCL_IIPP) about using public budgets strategically to drive the green transition.
We will also hear virtually from Brazil Minister @edweck_rj.
Public sector procurement of goods and services from private firms is a colossal global market - $13 trillion a year.
This afternoon at 14.30 BST, I'll be speaking with Dr Annalisa Primi (@OECD), Mark Leigh (@energygovuk), @opamakhan (local gov't) and @annahopeemerson (@UCL_IIPP) about 'Harnessing Public Budgets for Green Industrial Strategy'; the topic of our recent paper, linked below.
We will also be hearing a virtual address from Minister @edweck_rj on the tools Brazil is mobilising for green economic transformation.
Join us in person or online; link in replies.
Anna Pick retweeted
Growth is not a mission – it is an outcome of missions done well. To deliver a fair, green transition, the UK government must get this logic right. Read our new policy report with @annahopeemerson and @annapick_ at the link in replies.
Anna Pick retweeted
The UK’s current government came to power on the promise of five ‘missions’, but has yet to fully deliver. In our new report, we walk through the key changes that need to be made for the government to truly deliver on its vision for transformation @MazzucatoM @annapick_ @IIPP_UCL
Anna Pick retweeted
The @IIPP_UCL Forum 2026: Rethinking the State. Two days at University of London's Senate House, as part of @UCL's bicentenary year. exploring how governments build the capabilities to tackle the grand challenges of our time.
I'll be participating in multiple sessions, including a book talk for my new book, The Common Good Economy, and panels on green budgets, how we evaluate mission-led policies, and reclaiming finance for public purpose.
16–17 June | Senate House, London | Find details of all our fantastic sessions at the link in replies.
What next for the "missions" agenda that brought Labour to power in 2024 - including Clean Power 2030 and Net Zero 2050?
This new @IIPP_UCL report with @MazzucatoM & @AnnaHopeEmerson sets out the case for (strengthened) (green) mission-oriented industrial strategy in the UK.
Join us in person or online next week to hear from a stellar lineup:
- Prof @MazzucatoM (UCL IIPP)
- Dr Annalisa Primi (OECD)
- Mark Leigh (DESNZ)
- Prof @CharlesEdquist (Lund University)
- @OpamaKhan (Hackney Council)
- @AnnaHopeEmerson (UCL IIPP)
The UK government spent over £300 million last year procuring goods and services from the private sector. How can this buying power help drive the green transition?
As part of IIPP's flagship "Rethinking the State Forum" next week, join me, Annalisa Primi, Mark Leigh, @OpamaKhan and @AnnaHopeEmerson for a lively discussion on 'Harnessing Public Budgets for Green Industrial Strategy'.
17 March | 14.30-16:00 BST | In person at UCL's Senate House and online | Sign up link in reply
Anna Pick retweeted
If you want to understand the troubles of British Steel and the solutions to them, read this article by @mazzucatoM @annapick_ and @AnnaHopeEmerson in Substack. It makes clear both the proper role of the State and the harm done by some financialised actors
The discussion on British Steel is missing the point. It is not about nationalisation versus privatisation. It is about whether the state can govern in the public interest–– with direction, conditionalities, and the institutional capacity to transform a sector rather than simply keep it alive. New piece on today's announcement in the King's Speech. Link in replies.
Anna Pick retweeted
🇬🇧 Saving British Steel: Another Bailout or a New Beginning?
The new Substack by @IIPP_UCL Prof. @MazzucatoM, @annapick_, & @AnnaHopeEmerson questions whether the state has the capabilities to govern the steel sector toward transformation.
🔗 Read more: buff.ly/hTKu9X6
New piece with @MazzucatoM and
@AnnaHopeEmerson on the history of failed privatisation of British Steel + challenges of 'greening' steel
The discussion on British Steel is missing the point. It is not about nationalisation versus privatisation. It is about whether the state can govern in the public interest–– with direction, conditionalities, and the institutional capacity to transform a sector rather than simply keep it alive. New piece on today's announcement in the King's Speech. Link in replies.
Anna Pick retweeted
Really enjoyed writing about this week’s headlines on the nationalisation of British Steel with @MazzucatoM and @annapick_ 🏭. Link below.
Anna Pick retweeted
In Barcelona for the @GPMobilisation this weekend, where we'll be launching a global council for new economic thinking - more details to follow. Our new @IIPP_UCL working paper with @LaraMerling assesses what a mission-aligned @WorldBankGroup would require — but the lessons apply across the multilateral architecture. In @ForeignPolicy I set out four principles for a global economy grounded in a progressive multilateralism. Links below.
