Home truths: the crushing reality of the mortgage crisis
Can the Tories survive a mortgage crisis?
Shock as interest rates hiked to 5 per cent
The Monetary Policy Committee has voted seven to two to take interest rates to 5 per cent, a 0.5 point increase. Its…
Britain risks turning into a stagflation nation
Inflation figures out this morning make for grim reading: the headline rate didn’t budge, sticking at 8.7 per cent on…
Boris Johnson took us for fools. Now we have proof
No one wants to talk about the pandemic anymore. Not even partygate. Understandably so: we’ve all put hard work into…
GDP grows by 0.2% as the economy continues to stagnate
The economy grew by 0.2 per cent in April, following on from a confirmed 0.3 per cent contraction in March. This fits…
Will the tax burden finally start falling?
Is the government ready to start cutting taxes? After taking the burden to a post-war high, it seems ministers are…
Britain faces plenty of economic pain – even if it dodges a recession
The UK will narrowly avoid a formal recession this year. That’s the consensus that is emerging based on the current…
Red Rishi: the Prime Minister’s political makeover
The Tories are trying on Labour’s clothes
Net migration hits record high – but is significantly lower than expected
It’s three years since the UK formally left the European Union and cut off free movement, and net migration has…
Sunak should stop pretending that he controls inflation
The government is delighted with today’s inflation update. Rishi Sunak released a clip this afternoon, talking about his government’s efforts…
Inflation falls to 8.7% – but pressures remain
Since the start of the year, politicians and central bankers have been promising a collapse in the inflation rate. But…
Are things beginning to look up for the UK economy?
We learned this morning just how much the government is struggling to keep its promise to bring down the national debt. But…
Shrinking GDP shows how stagnant the economy has become
The UK economy shrank by 0.3 per cent in March, as ongoing strike action continued to take its toll. But the fall…
Why interest rates continue to rise
The Bank of England has hiked interest rates again, taking the base rate from 4.25 per cent to 4.5 per…
Another rate rise from the Fed. Is it enough?
Will the Bank of England raise interest rates again? We’ll know for sure next Thursday, when we get the Monetary Policy…
Stubborn inflation rates spell trouble for Rishi Sunak
The rate of inflation has come down, barely. This morning’s update from the Office for National Statistics shows inflation fell to 10.1…
What will happen to interest rates once they peak?
As the battle of the economic forecasts rages on, it’s useful to note that (right now, anyway), the predictions aren’t…
What junior doctors really earn
Do junior doctors really get such a poor deal?
Biden needs Trump
As Joe Biden tours Northern Ireland this week to mark the 25-year anniversary of the Good Friday Agreement, the big…
For once, there’s a battle of ideas happening in the Tory party
Yesterday’s announcement that the UK has joined the Comprehensive and Progressive Trans-Pacific Partnership brought with it a unique sense of…
Joining CPTPP shows Britain is finally seizing the benefits of Brexit
Even the most ardent Brexiteers would likely admit that the UK has been slow to embrace one of the biggest…
Can the Bank of England escape the blame for the inflation spike?
Who, or what, is responsible for the UK’s sky-high inflation rate? Not me, says the Bank of England’s governor. Andrew…
Will the interest rate hike be enough to tame inflation?
There was no easy option for the Bank of England’s Monetary Policy Committee (MPC) this week. Raising interest rates, even…
Why is inflation going back up?
For the past few months, the debate over inflation in Britain has centred around just how fast the rate might…
