The Case Against
What the book argues
Andy Burnham's record is a warning, not a model
A forensic look at the gap between the rhetoric and the reality of Greater Manchester's governance under Andy Burnham — and why devolution without accountability is just centralisation with a regional accent.
The hidden costs behind today's political promises
Net zero mandates, housing reform failures, and unchecked spending commitments — the bill that UK voters haven't yet been shown, and what capital markets will eventually force politicians to confront.
Why UK devolution alone cannot create prosperity
Redistributing power without reforming incentives simply moves the same dysfunction to a different postcode. Greater Manchester's economic policy is a case study in what a UK growth blueprint must avoid.
A practical UK growth blueprint for higher living standards
Ravenomics: tax reform, housing liberalisation, direct citizen income, and a smaller but more effective state — political commentary grounded in 25 years of capital markets experience.
The Author
Jonathan Raven
Director, Old Hall Advisers
Jonathan Raven has spent 25 years in capital markets — spanning institutional fundraising, equity research, and portfolio management across Phoenix Insurance, Ion Asset Management, Deutsche Bank, and Barclays. His political commentary on UK economic policy, devolution, housing reform, and net zero costs draws on direct experience of how financial markets judge government promises. Ravenomics is his framework for the growth-first, smaller-state Britain that mainstream politics refuses to build.
jonathan@ravenomics.co.ukGet Involved
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The debate Britain's politicians don't want you to have.