Inflation
Letters: Why do we bully PMs’ wives?
Strong leaders Sir: Freddy Gray states that ‘voters seemed most enthusiastic about the leaders who removed their liberties’ (‘Leaderless’, 18…
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’…
Boris Johnson’s inflation contradiction
As Boris Johnson tries to limit pay rises to bring down inflation, ministers have no explanation for why planned rises in…
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…
Is Britain heading into a wage-price spiral?
Are wages about to spiral out of control? Boris Johnson certainly thinks there’s a risk. Last week he warned that…
How high might interest rates go?
To nobody’s surprise, the Bank of England has hiked its base rate, and, equally unsurprisingly, it has chosen to do…
Levelling up is failing
First the good news: the Office for National Statistics figures released today show that pay is rising at its fastest…
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…
Life in an age of hyperinflation
Istanbul, Turkey On Saturday mornings, Istanbul’s markets and greengrocers are packed with housewives in search of a bargain. Anxious women…
Unemployment is low – so why aren’t wages improving?
For the first time ever, the number of UK job vacancies – now almost 1.3 million – has overtaken the…
Could Haldane have helped save us from inflation?
Would Andy Haldane, the economist who left the Bank of England to run the Royal Society of Arts, have made…
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,…
Who can put the toothpaste of inflation back in its tube?
The UN Food and Agriculture Organisation’s food price index rose 13 per cent last month to stand a third higher…
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…
Is this the end of borrow and spend?
Since the spring statement last week, Rishi Sunak has been dealing with complaints from all sides: the right have been…
Welcome to the new era of high inflation
There was a time when a chancellor would have bitten off the hand of a national statistician who offered him…
What to expect at the spring statement
The big story of Wednesday’s spring statement by the Chancellor will be the impact of inflation – which has soared…
Rishi Sunak’s energy bill dilemma
This morning’s revelation that the UK economy grew 0.8 per cent in January, the fastest growth since April last year, is…
Our monetary bubble is about to burst
OK, I finally watched Netflix’s Don’t Look Up. Surprisingly, I enjoyed it — especially before its effective subtitle for us…
This government’s greatest failure is economic
‘The main job of a government is to ensure that the economics don’t go wrong.’ So argued an economist friend…
Britain’s cost of living crisis worsens
If Boris Johnson manages to cling on to his job, he’ll have much more than the parties of lockdowns past…
Can the Bank of England get a grip on soaring inflation?
Yet again, inflation has surged past expectations – this time hitting 5.1 per cent in November, a ten-year high, up…
Inflation rises again. The BoE has questions to answer
Inflation is back, and while some people continue to cling to the idea that its resurgence is a temporary phenomenon, today’s…
Eighteen months of inflation is not 'transitory'
The big central banks have been insisting for months now that the rise in inflation is temporary, and will fade…
Does Joe Biden understand inflation?
I have a horrible feeling that the Biden presidency may come to be defined by a single quote which will…
