UK set for highest inflation in G7 this year
You’d struggle to describe the start of 2023 as anything like ‘good economic times’. But according to the OECD’s economic outlook…
Liz Truss is no fiscal hawk
Was Liz Truss a fiscal hawk inside No. 10? That is the rather startling claim made by the former prime…
‘We’ve cut carbon emissions by decimating working-class communities’: the leader of the GMB union on the folly of net zero
The GMB leader demanding a rethink on Labour’s energy policy
Britain is heading for an autumn of discontent
Train drivers will strike for two days in the coming weeks, on 30 September and 4 October. These dates are…
Britain can’t just blame the weather for its moribund economy
Did GDP fall in July because of the wet weather? That’s the argument being made this morning, as the Office…
Is Britain getting a pay rise?
Whisper it, but British workers seem to be getting a pay rise. This morning’s update from the Office for National Statistics reveals…
Can Liz Truss rewrite history?
Last week’s anniversary of Liz Truss entering Downing Street could have passed by quietly. But the Trussites had other ideas.…
Broken Britain: what went wrong?
Who broke Britain?
Is the Bank of England done with raising rates?
Is the UK set for its 15th consecutive interest rate hike later this month? Markets expect that rates will peak…
Why won’t my British friends see a GP?
Having lived in the United Kingdom for almost my whole adult life, I like to think I’m well assimilated. I…
GDP revisions show UK economy almost 2% larger than thought
It’s not often that we see a GDP revision as startling as the one published today. In its Blue Book…
Talk of a housing ‘crash’ isn’t quite what it seems
House prices dropped more than was expected this month, falling 5.3 per cent compared to August last year. The value of…
Jeremy Hunt’s big spending pledges are coming home to roost
The Office for National Statistics reports this morning that public sector net borrowing in July came in at £4.3 billion. This is…
Britain could lose five years of economic growth
It’s no great secret that the events of the past few years have delivered a serious economic blow to the…
Will Brits feel richer if inflation halves?
The government’s objective to ‘halve inflation’ by the end of the year seems to be back on track – for…
Can the Tories come up with a tax offer in time?
Last summer, all the Tory party could talk about was tax. It was at the heart of the leadership contest…
Inheritance tax has become yet another stealth tax
Most people will not see their estates subject to inheritance tax. Still, most people oppose the principle of the tax…
The US economy is bouncing back – unlike Europe’s
Every country that imposed a lockdown during the pandemic accepted that there would be an economic price to pay. But…
Will the NatWest debacle end the ‘debanking’ scandal?
The NatWest saga is fast becoming a textbook example of what some consider to be an ‘establishment’ attack on minority…
Rishi Sunak is caught in a debt trap
Two by-election defeats have made it a miserable morning for the Tories, even if they did manage to cling on…
Sunak still has his work cut out to halve inflation
The rate of inflation has fallen again. CPI rose 7.9 per cent on the year in June, down from 8.7…
Rishi’s pledge to grow the economy isn’t going well
The economy contracted by 0.1 per cent in May – down by 0.4 per cent compared to May 2022. But…
Who’s to blame for rising mortgage costs?
Mortgage costs have reached a 15-year high today, with the average two-year fixed deal hitting 6.66 per cent – the…
Wages are up – but the Bank won’t be happy about it
The labour market continues to show signs of becoming less tight – but this won’t be fast enough for the…
Has Labour just found an election-winning argument?
Will Labour and the Tories be heading into the next election ‘following the same tram lines on spending?’ That was…
