Britain Calls for a Homegrown Elon Musk Amid Economic Freefall as Even the Crown Stands Helpless

   

What to read to understand Elon Musk

In an era marked by unprecedented fiscal pressure and deepening economic uncertainty, the United Kingdom finds itself on the brink of a financial reckoning. Amid this storm, a provocative call is gaining traction within British political and financial circles: Britain needs its own Elon Musk.

Not merely a technological visionary, but a disruptive force capable of bulldozing through bureaucratic inertia and reviving the nation’s flailing economic engine. As public spending balloons, national debt soars, and productivity crumbles, the longing for a British equivalent of Musk—a figure bold enough to shake the foundations of the state—has grown into a desperate cry.

This radical idea is not emerging from internet forums or idle pub chatter but from respected quarters of political and economic influence. Inspired by America’s recent deployment of DOGE—the Department of Government Efficiency, spearheaded by none other than Elon Musk himself—the UK now finds itself looking across the Atlantic with equal parts admiration and envy.

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Since its launch in January, days after Donald Trump reclaimed the presidency, DOGE has claimed credit for cutting a staggering $160 billion from America’s federal budget. That figure, which translates to over £120 billion, represents approximately 2 percent of the United States’ 2024–2025 fiscal spending. More importantly, it sends a loud and clear message: public sector inefficiency is not a sacred cow. It can, and must, be challenged.

DOGE's methods are controversial, to say the least. With 15 percent of the American workforce employed by the state, the backlash from unions, civil servants, and entrenched interests has been fierce. Yet the public sentiment remains largely in DOGE’s favor, fueled by a collective exhaustion over bureaucratic waste, fraud, and the creeping suffocation of regulatory overreach.

It is this populist momentum, skillfully harnessed by Trump and channeled through Musk, that has turned DOGE from a fringe idea into a pillar of governance. Now, Britain’s own leaders are beginning to wonder: could such an aggressive, outsider-led initiative work here too?

Shadow Business Secretary Andrew Griffith seems to think so. In a recent appearance on The Telegraph’s Planet Normal podcast, he made it clear that a Musk-style shake-up of government operations is not only desirable but necessary. “It’s the job of every minister in their department to spend public money as if it’s their own,” Griffith said, echoing a sentiment that resonates with millions of taxpayers.

Griffith is not your average Member of Parliament. Before entering politics, he ran publicly traded companies and served on the boards of several major firms. He knows the value of cost control and demographic accountability—and more importantly, he knows how rare those qualities are within the bloated machinery of Whitehall.

Calls for a British DOGE—a crack unit, independent of the traditional civil service, led by a cost-slashing business figure—are becoming harder to dismiss. And not without reason. The UK’s economic trajectory is alarming. Government spending has consistently outpaced revenue generation for decades, a fiscal imbalance that has grown ever more dangerous.

The country hasn’t run a budget surplus since 2000–2001, and since then, it has accumulated a deficit every single year. As a result, Britain’s national debt has surged from 35 percent of GDP in the late 1990s to nearly 100 percent today, despite repeated promises of austerity and fiscal restraint.

Under the Conservative government before the pandemic, annual deficits were slowly declining, with borrowing falling to 1.8 percent of GDP by 2019–2020. But then came Covid-19—and with it, a tsunami of emergency spending. The resulting deficit in 2020–2021 exploded to 14.7 percent of GDP, the largest in modern history.

Even as the pandemic faded, the country never returned to pre-crisis fiscal discipline. In 2023–2024, the deficit still hovered at 4.4 percent of GDP. And under Labour, who took power in the summer of 2024, spending has only accelerated. Lavish net-zero programs and union-pleasing pay hikes have pushed the projected 2024–2025 deficit up to 5.3 percent of GDP.

Behind these statistics lies a civil service that has grown ever larger and less productive. The UK state now employs over 6 million people—nearly 20 percent of the workforce. Since 2019, the number of civil servants has risen from 446,000 to 514,000 full-time equivalents, a shocking 15 percent increase.

And this expansion has occurred despite massive investments in public sector technology, which were supposed to reduce the need for manual labour. The result is a system that is more expensive yet less efficient, weighed down by legacy bureaucracy and an entrenched entitlement culture.

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The impact on the public psyche has been corrosive. Nurses, teachers, and administrators—often speaking off the record—express growing frustration at the endemic waste and managerial indifference they witness daily.

These are not anti-government radicals, but rather public servants with genuine commitment to their roles. Yet even they acknowledge that the status quo is unsustainable. If it takes a British DOGE to impose discipline, many say, so be it.

The fiscal consequences of the UK’s mismanagement are staggering. Last year, the government paid £105 billion in interest on national debt—almost double the defence budget and equivalent to what is spent on schools and transportation combined. The opportunity cost is catastrophic. Every pound spent servicing debt is a pound not spent on nurses, classrooms, or infrastructure.

Worse still, nearly a third of government debt is index-linked, meaning interest payments rise with inflation. Just a 1 percentage point increase in gilt yields adds £12 billion to the annual debt burden—roughly the equivalent of a 2p rise in the basic income tax rate.

And that scenario is no longer hypothetical. Since Labour’s victory, the yield on 10-year gilts has climbed by approximately 1 percentage point to 4.6 percent—higher than during the Liz Truss mini-Budget fiasco of 2022. Investor confidence is faltering, and the Bank of England’s rate cuts have not been enough to stop the rise in borrowing costs. The message from markets is clear: Britain’s fiscal path is dangerous, and the time for action is now.

Yet amid this chaos, the government seems paralyzed. Ministers continue to authorize spending at unsustainable levels, driven more by political calculation than economic realism. The consequences are not abstract. Lower growth, higher taxes, and capital flight are already manifesting.

More high-income earners are moving their assets and domiciles abroad. More businesses are shelving UK investment plans. And the more this continues, the more difficult recovery becomes.

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In this context, the idea of importing Musk’s reformist zeal—whether metaphorically or literally—gains credibility. The British public does not need more bureaucrats with polished degrees. It needs a rule-breaker, an innovator, someone willing to challenge sacred cows and embrace uncomfortable truths.

A UK DOGE, led by a private-sector figure who understands cost control and public accountability, could be the jolt Britain’s economy desperately needs.

Of course, such a figure would face intense opposition from unions, legacy civil servants, and entrenched political interests. But the alternative is to accept stagnation as destiny. That is no longer acceptable. Britain once led the world in industry, commerce, and governance. It can lead again—but only if it has the courage to change.

The Queen—at least symbolically—stands helpless, a reminder of Britain’s former greatness and current impotence. But real power now lies in Parliament and Downing Street. If they will not act, then perhaps it's time for someone who will. A British Elon Musk may sound like a fantasy. But in times of crisis, fantasies often give way to necessity. And Britain’s need has never been more urgent.