The painful road to lower inflation
In the end, it could have been worse. The Federal Reserve might have followed Sweden’s lead, with a whole one…
It's time to scrap the cap on bankers' bonuses
Critics say that scrapping the cap on bankers’ bonus will encourage a return to excessive risk taking. It will provoke retaliation…
Center Parcs's royal blunder
Whacking up the price of black ties given the extra demand. Running advertising campaigns for cut price comfort food to…
President Biden still can’t get a grip on inflation
Oil prices have been falling steeply, reducing prices at the pumps. Wheat prices have dropped as supplies from Ukraine start…
How Liz Truss can solve the energy crisis
It will be expensive. It will last far longer than anyone expects. And it will distort the market even more…
Is crypto back?
Might cryptocurrencies stage a return?
Team Rishi is losing the plot on taxes
It would be an ‘electoral suicide note’. It would condemn the party to ‘the impotent oblivion of opposition’. And it…
Only one tax cut can save Rishi Sunak now
Rishi Sunak’s promises on tax are lacklustre. He’s announced a fiddly one-off tax break on energy that will last for just a…
Rishi Sunak’s energy bill u-turn is too little, too late
A tweak to the landfill tax perhaps? A minor adjustment to the airport levy? Rishi Sunak no doubt stayed up…
Don’t blame Brexit for the Dover chaos
Queues stretching back for several hours. Children going crazy in the back seat. Cars breaking down in the heat, and…
The eurozone is having a terrible summer
A reforming prime minister has been ousted by a fractious, divided parliament. The central bank is raising interest rates to…
If the EU disliked Boris, they'll hate his successor
Three, five, or perhaps even ten whole minutes. In a more civilised, parallel universe, perhaps Europe’s big wigs would have…
Rishi Sunak won’t be missed as Chancellor
Rishi Sunak’s resignation was, without question, a brave, honourable and dignified decision. By stepping away from the cabinet, the Chancellor…
German industry is grinding to a halt
The Soviet Union had only just collapsed. John Major was still a relatively fresh-faced Prime Minister. And the internet consisted…
Macron’s Russian oil plan is bound to fail
It will drain Vladimir Putin of funds for his war machine. It will bring down inflation. And it might even…
Inflation is a social evil, so why don't our leaders care?
It was a ‘destroyer of society’, a ‘tax on ordinary people’s savings’ and a threat to social order. You don’t…
Why Biden’s inflation plan will fail
It sounded impressive at the time. On the last day of May, a whole ten days ago, president Biden laid…
Things are about to get even worse for Boris Johnson
A round of tax cuts? A splurge of infrastructure spending? Or perhaps a whizzy way of subsidising housing? Boris Johnson…
The Biden Bust is here
A wave of government spending would reboot the economy. Fairer taxes would pay for restored infrastructure. Skills would be improved,…
A football regulator is bad news for the beautiful game
It will stop shady oligarchs and brutal autocracies buying up clubs simply to whitewash their reputations. It will ensure financial…
Inflation is the real lockdown scandal
No. 10 was an endless series of parties. The Chancellor was more interested in socializing than sorting out the economy. And…
Rishi Sunak’s NFT gimmick is a step too far
We had got used to the expensive trainers. The carefully curated hoodies were just about acceptable. The Twitter feed was…
Can Elon Musk save Twitter?
Teslas will be permanently trending. So perhaps will space rockets. Petrol cars will be quietly forgotten about. And if you…
Is Biden trying to crash the economy?
A war is raging in Ukraine. Inflation has risen to a 30-year high and may have started to spiral out…
China’s zero Covid strategy is a threat to the global economy
Aside from deterring a few tourists, and people filming fantasy epics, closing down New Zealand during the Covid pandemic didn’t…
