We will miss the non-doms when they’re gone
It will cover a generous pay rise for the nurses. It will bail out the NHS. It will put the…
The UK has finally chalked up a Brexit win
We haven’t lowered tariffs on food. We haven’t done many new trade deals, and certainly not one with the United…
When will Covid fraud catch up with Rishi Sunak?
Remember Rishi-mania? It came around the time of the ‘Eat Out to Help Out’ scheme, which was designed to help…
What is Keir Starmer’s plan for growth?
A few vague promises about upgrading skills. And something or other about promoting innovation and raising productivity. Sir Keir Starmer…
Sunak’s Conservatives are the party of zero growth
We might get a new nuclear power station one day, unless the protestors or the Supreme Court find a way…
The sad decline of the London stock market
There is plenty for anyone in Paris to feel smug about if they happen to look across to the other…
Why interest rates are still lower than you might think
Anyone with a mortgage will be in serious trouble. Small businesses will go to the wall. Demand will be hammered.…
Rishi Sunak’s potential tax rises would guarantee a recession
It could be National Insurance. It could be income tax. Perhaps it could even be a rise in VAT. We…
What if Jeremy Hunt's rebooted centrism doesn't calm the markets?
He will control spending, reverse the few remaining tax cuts that are still in the works, and bring in every…
Opec will regret taking on the US
Production will be cut. Supplies to the rest of the world will be curbed. And inflation will rise just a…
Will anyone ever be able to cut the 45p tax rate?
Well, that went well. Kwasi Kwarteng’s decision to axe the 45 per cent top rate of income tax triggered a…
This isn’t a return to boom and bust
Massive tax cuts. A huge budget deficit. And a wild dash for growth, stoking a short-lived boom, before it all…
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…
