It’s not surprising the Bank of England didn’t cut interest rates
Interest rates have been held at 4.75 per cent. The Bank of England’s Monetary Policy Committee voted 6-3 to maintain…
Rising inflation will make Rachel Reeves’s job harder
It was already unlikely the Bank of England (BoE) was going to cut interest rates this week. Having pledged a…
Will higher wages lead to more inflation?
Good news for workers: wages are up. According to the latest data, released by the Office for National Statistics this…
‘The public sector is the illness’: Javier Milei on his first year in office
Buenos Aires ‘I never wind down,’ says Argentina’s President Javier Milei when we meet in his Presidential Office at the…
Will Rachel Reeves’s war on waste work?
How will the £40 billion additional tax revenue raised in the October Budget be spent? Efficiently, says the Chancellor this…
Can Starmer force the NHS to change?
‘Hear me when I say this – no more money without reform.’ That was the Prime Minister’s message to the…
What Scott Bessent’s appointment means for Trump 2.0
How rare it is to be given a second chance. That’s what the American people have handed Donald Trump. His…
Who is Scott Bessent, Trump’s pick for treasury secretary?
How rare it is to be given a second chance. That’s what the American people have handed Donald Trump. His…
Will Rachel Reeves’ pension shake-up really boost growth?
As Chancellor Rachel Reeves prepares to deliver her first Mansion House speech in the City of London tonight, one word…
League tables alone won’t force the NHS to change
When Chancellor Rachel Reeves announced that over half the new tax rises in her first Budget would go straight into…
Will the NHS’s £22bn cash boost disappear into the abyss?
What will happen to the additional £22 billion allotted to the NHS in Labour’s first Budget? Will it transform the…
The interest rate cut is good news for Labour
The Bank of England has announced its rate cut of 0.25 percentage points, reducing the base rate from 5 per…
Donald Trump is set to win the presidency
In the run-up to the US election, it was expected that the count could take days, possibly a week. Now,…
The American election question the pollsters couldn’t answer
In retrospect, it’s easy to justify any election outcome. This election won’t be any different. In fact, it will be…
Rachel Reeves’s new gamble
Credit to Rachel Reeves: while some chancellors opt to take part in the Sunday shows ahead of a fiscal event,…
Can Labour save its Budget?
After the Office for Budget Responsibility’s assessment of the Budget was published on Wednesday, the cost of government borrowing started…
Can Rachel Reeves calm the markets?
The more investors dig into Labour’s first Budget, the less they seem to like it. After the Office for Budget…
Living standards take a hit in Labour’s Budget
‘Judge us by whether, in five years’ time, you have more money in your pocket,’ Keir Starmer told the Mirror earlier this…
Labour’s Budget will crush growth
Rachel Reeves didn’t want to surprise anyone with this Budget. She didn’t want to shock the markets, nor did she…
Yet another NHS Budget boost – but where’s the reform?
We won’t have to speculate about the details of the Labour’s first Budget much longer. But one tradition as old…
Will the OBR’s £22bn ‘black hole’ review vindicate the Tories?
Are the details of the alleged £22 billion fiscal black hole about to be revealed? In addition to providing assessments…
Not even ‘working people’ will be protected from tax hikes
Does Labour regret its decision to redefine the meaning of a ‘working person’? The original understanding of the term seemed…
Trump makes America laugh again
‘Tradition holds that I’m supposed to tell a few self-deprecating jokes this evening,’ said Donald Trump in his speech at…
Reeves’s Budget needs to win over the market
Rachel Reeves confirmed on her trip to Washington DC that she will be changing the government’s self-imposed fiscal rules, allowing…
Here come the stealth taxes!
When Rachel Reeves’s ambition was to find £22 billion, it was already clear that she would need to find more…
