Economy
Are you feeling lucky?
There was an article recently in the increasingly woke but still useful New Scientist which attempted to gauge the degree…
Portrait of the week: Chancellor unveils his unBudget, Hilary Mantel dies and corgi prices soar
Home Kwasi Kwarteng, the Chancellor of the Exchequer, presented a far-reaching ‘fiscal event’ (ineligible to be called a Budget), said…
The audacity of Kwarteng's tax cut for the rich
George Osborne dreamed about it and Rishi Sunak told friends that he’d like to do it if everything went well…
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…
Let’s see some energy policy action
At His Majesty’s Treasury, it’s all looking a bit like Year Zero in revolutionary Cambodia. Kwasi Kwarteng’s first act was…
Buckle up! The Liz Truss era is here
Can Liz Truss grow the economy?
Can anything halt the pound’s fall?
My predecessor Christopher Fildes looked at exchange rates through a cocktail glass: three negronis for the Italian lira equivalent of…
Are the markets scared of Liz Truss?
Look at the chart for interest rate expectations in isolation, and you might come to the conclusion that Rishi Sunak…
Trussonomics: a beginner’s guide
Can a new economic plan get us through the winter?
It’s time to clear out the Bank of England’s board
Liz Truss says she intends to review the Bank of England’s mandate, which has been fixed as a 2 per…
How to save money: switch to cash and reprogram your boiler
We’ll find out shortly whether official statistics agree with economists surveyed by Bloomberg who say UK GDP probably shrank by…
A strange kind of recession
It’s possible that I owe Joe Biden some sort of an apology, however mealy-mouthed it might be. Last week I…
Why Centrica is right to restore its dividend
‘What’s worse, they’re paying the profits to shareholders,’ said a grey-haired woman ahead of me in the Co-op queue. ‘Bloody…
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…
‘You can’t have your cake and eat it’: Rishi Sunak talks to Charles Moore
As the leadership contest hots up, Charles Moore and Rishi Sunak sit down for a chat
Is the US in recession?
There’s an almighty debate ongoing in the US about what exactly a ‘recession’ is. Regardless of semantics, the numbers are…
The future of the Tories is at stake
To govern is to choose. So leadership contests for a party in government tend to come down to a key…
My Tory leadership race fantasy game
‘Black swan’ theory, developed by the writer Nassim Nicholas Taleb, refers to unexpected events that have extreme consequences but are…
The rail strikes could be the end of the line for Boris
Here I go again, in my occasional role as your intrepid transport correspondent. Last week I reported on airport chaos,…
The case for hiking interest rates
Check out these hyperventilating headlines from last week: ‘What the Fed’s largest interest rate hike in decades means for you’…
Who’s to blame for the air travel crisis?
I sincerely hope you’re not reading this on a holiday flight that’s sitting on the tarmac with no indication as…
Is the Elizabeth line worth the cost?
It’s 8.16 on Tuesday morning and I’m actually writing this on a moving Elizabeth line train. Moving in the sense…
The one thing Netflix could do to keep me subscribing
Anecdotes and statistics should never be confused, but let’s do just that to build a composite picture of today’s UK…
How much did Emily Maitlis cost licence fee payers?
Off duty How many non-doms are there in the UK? – In the year ending 2020, 75,700 people filled in…
