Skip to content

Way back in 1959, the then Tory prime minister, Harold Macmillan, went into an election with the slogan that Britain has “never had it so good.” Now, according to Gordon Brown, the UK has enjoyed, under his stewardship, the longest period of sustained economic growth since 1701! However, it does not say much for capitalism and the British variety of it that the longest period of economic growth in its history is just seven years.