How do we mend the UK’s broken economy? Fixing UK PLC has outwitted our political leaders, but that’s not surprising. We love the status quo, have an ingrained risk aversion, and our politicians too quickly resort to pickpocketing the electorate with more taxes, and saddling us with debt. What we need are some KPIs, or key performance indicators, to get back on track.

KPIs are time-bound goals with clear numerical targets, and critically the person who is responsible for their delivery is identified and on the hook. To enhance transparency, our government’s KPIs should be overlaid with a traffic light system, to squeeze the managerial pips – green for success, amber for near miss, red for failure. Good performance against the KPIs........

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