The Chancellor could take the tax burden even higher
This morning on the media round, Jeremy Hunt followed in the footsteps of Tory chancellors before him warning about the…
Is there anything left of Trussonomics?
After two major U-turns over last month’s mini-Budget and the sacking of a chancellor, what’s left of Liz Truss’s economic…
Truss says no to spending cuts. Here’s the caveat
The mini-Budget was a spending spree. The ‘medium-term fiscal plan’ was meant to explain the funding. But what exactly is…
Britain's shrinking economy adds to market jitters
Liz Truss and Rishi Sunak spent the summer fighting it out in the Tory leadership contest, debating how they would make…
The Bank of England's governor issues a stark warning
Speculation has been growing that the Bank of England might announce an extension of its emergency gilt-buying programme which is…
Truss is hurting the free-market cause
In theory, I should be delighted about the Liz Truss project. She is saying the things I’ve been arguing for…
What crisis? A tough week for Trussonomics
A tough week for Trussonomics
Can Liz Truss regain market confidence?
When the Liz Truss camp floated the idea of side-lining the Office for Budget Responsibility for her government’s first fiscal…
Liz Truss’s mea culpa moment
The fallout from last Friday’s mini-Budget has been bigger and more volatile than almost anyone expected, with sterling hitting an…
Will Liz Truss take on the IMF?
Tonight the International Monetary Fund has weighed in on the UK’s mini-Budget, offering a direct rebuke of Liz Truss and…
Can the Bank of England inspire confidence?
It has dawned on the government that last week’s mini-Budget might have been a bit too one-sided: £70 billion worth…
How worrying is the falling pound?
How are markets responding to Kwasi Kwarteng’s mini-Budget? A sharp fall in the pound today has plenty of critics arguing…
Truss and Kwarteng borrow their way to tax cuts
Levelling Up secretary Simon Clarke described today’s fiscal event as a ‘game changer’ for Britain’s economy. Was he right? The…
Has inflation peaked?
This morning’s surprise update from the Office for National Statistics shows headline inflation at 9.9 per cent on the year…
Britain is teetering on the edge of recession
One of Liz Truss’s suggestions on the leadership campaign trail was that her economic agenda could avoid recession. But one…
Ten graphs that Liz Truss can't ignore
The new Prime Minister’s honeymoon starts and ends today. Once Liz Truss formally enters Downing Street tomorrow she will be…
Trussonomics: a beginner’s guide
Can a new economic plan get us through the winter?
How high will energy prices go?
When dozens of energy companies started going bust in 2021, the government knew it had a crisis on its hands.…
Could inflation hit 18.6 per cent?
When last month’s headline inflation figure was released, showing a rise to 10.1 per cent on the year, a little…
Inflation hits double digits. Is it out of control?
Long gone are the days when politicians and experts dared to claim inflation was simply ‘transitory’. Now it’s hang-on-to-your-hats as…
UK wages drop in the sharpest fall on record
Over the past six months, Britain’s unemployment figures have arguably been the economy’s saving grace. While the labour market has…
Kansas's abortion vote could prove decisive for the US midterms
In 2020, 56.2 per cent of Kansas voters cast their ballot for Donald Trump – 15 percentage points in his…
Why Liz Truss u-turned over public sector pay
That was quick. Less than 15 hours after pledging a robust reform of public sector pay, Liz Truss has performed…
The real difference between Sunak and Truss's tax policies
The Tory leadership race is becoming a test of patience. Today Rishi Sunak has laid out his plan to slash…
Trussonomics doesn’t add up
I’ve been lucky enough in my working life so far to hold a string of jobs that have allowed me…
