Britain’s market watchdogs must be given new tools’ to prevent Google and other internet giants doing more harm to the economy and ripping off consumers, a key Government adviser has said. John Penrose, who is leading a Treasury review of competition laws, said that new rules are needed to prevent…
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Working from home could see rates of intercity and commuter travel permanently affected. Conservative members have urged Boris Johnson to scrap HS2 and spend more on ending broadband and mobile blackspots. A report by the party’s official grassroots think tank highlights demands for the £100 billion scheme to be cancelled,…
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While the talk in the EU is turning to heavyweight corporate champions that can tackle the U.S. and China, the man tasked with making Britain more competitive is not fully convinced that big is beautiful. For John Penrose, a Conservative parliamentarian who has to write a review on how to turbocharge competition…
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John wrote this article for The Times newspaper. Adam Smith never bought car insurance. Or used an internet search engine. Or took out a triple-play broadband-TV-phone contract. If he had, the father of modern economics might have been less confident that free competition between suppliers ensures all customers get a…
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