Inflation
Portrait of the week: Rising inflation, electric car targets and a tax on flatulent livestock
Home Thousands of farmers protested in Westminster against inheritance tax on farms. Tesco, Amazon, Greggs and 76 other chains belonging…
Portrait of the Week: Supermajorities, falling inflation and rammed cows
Home The electorate mulled over the words of Grant Shapps, the Defence Secretary: ‘You don’t want to have somebody receive…
Sack Andrew Bailey? Let’s look at the case against him
The Governor of the Bank of England, Andrew Bailey, is a loyal and well-intentioned public servant in a role that,…
Javier Milei’s radical reforms could start to heal Argentina’s economy
Argentina has spent most of its 200-year history in deficit; no other country currently owes the International Monetary Fund a…
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…
Home truths: the crushing reality of the mortgage crisis
Can the Tories survive a mortgage crisis?
Portrait of the week: Boris locked out, mortgage misery and Titanic submarine search
Home Boris Johnson, the former prime minister, was ritually buried by the House of Commons voting by 354 to seven…
Brexit could fix inflation
Has food price inflation finally peaked? Figures released by the British Retail Consortium (BRC) this morning reveal that food prices…
What crisis? A tough week for Trussonomics
A tough week for Trussonomics
Can the Bank of England inspire confidence?
It has dawned on the government that last week’s mini-Budget might have been a bit too one-sided: £70 billion worth…
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…
Has inflation peaked?
This morning’s surprise update from the Office for National Statistics shows headline inflation at 9.9 per cent on the year…
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…
Trussonomics: a beginner’s guide
Can a new economic plan get us through the winter?
Portrait of the week: Drought in Europe, property crisis in China and barristers and binmen strike
Home Inflation would reach 18.6 per cent by January and the energy price cap £5,816 in April, according to a…
Inflation hits double digits. Is it out of control?
Long gone are the days when politicians and experts dared to claim inflation was simply ‘transitory’. Now it’s hang-on-to-your-hats as…
The death of saving
I was intrigued to learn from Tom Daley – that young man who became famous for jumping off a platform…
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 next PM’s growing to-do list
In theory, the Conservative leadership contest could have stretched to the autumn, but the 1922 Committee and CCHQ decided to…
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…
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 problem with euro-dollar parity
The euro is nearly level with the dollar. It should not matter in theory, because of the relatively low share…