The Capitalist Podcast: Britain's lost ambition
from The Capitalist Hosted by CapX and Marc Sidwell
From Disraeli's One Nation vision to Thatcher's Right to Buy, aspiration was once the animating principle of British conservatism. Yet after 14 years of Conservative government, the housing crisis has torn up the old promises of reward for hard work. In the 1990s, a first-time buyer couple saving 5% of their wages could afford a deposit in three years. Today it would take 24. How did the Conservative commitment to encouraging aspiration slip away – and what would it take to restore it? Mario Creatura, a former special adviser to Theresa May in Downing Street, joins CapX editor Marc Sidwell to discuss 'A Blue Hope', Mario's new report for the Centre for Policy Studies. He explains what pushed ambition and opportunity off the Conservative agenda – and how to bring them back. Get full access to The CapX Briefing at briefing.capx.co/subscribe
Embed this episode
No transcript yet.