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institutional-decline

51 articles

Pharmaceutical Industry

Britain's Pharmaceutical Exodus: When Even Big Pharma Won't Take Your Money

When the CEO of a $700 billion pharmaceutical giant publicly declares that the UK is "probably the worst country in Europe" for drug prices, it's a stark warning sign. Eli Lilly's Dave Ricks isn't just lamenting high taxes; he's signaling a broader institutional failure that's driving investment and innovation out of Britain. This analysis explores how bureaucratic short-termism and irrational pricing schemes are dismantling what was once a global leader in life sciences.

· via The Independent

Politics

The VAT Raid's Real Casualties: How Labour's Education Tax Destroyed Working Class Aspiration While Handing Millions to Eton

Six months after Labour introduced VAT on private school fees, the evidence reveals a policy that has achieved the exact opposite of its stated aims. While politicians promised to fund 6,500 new state teachers by taxing elite institutions, the reality shows working class families priced out of education, state schools overwhelmed by displaced pupils, and Britain's most expensive schools claiming millions in VAT rebates.

· via The Telegraph