Inflation
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…
What is the Bank of England playing at?
Last week, the Bank of England sent a number of confused messages. One was almost shocking: Andrew Bailey said that…
The Bank of England’s inflation rate stunt
He isn’t Canadian. He doesn’t dominate the Davos circuit with platitudes about climate change. And he isn’t constantly warning that…
Responsible Rishi's Budget balancing act
Rishi Sunak has released photos of his Budget prep, as he prepares to stand up in the House of Commons…
Sunak faces the free-marketeers
Rishi Sunak didn’t give too much away tonight when he spoke at the ThinkTent Conservative Party Conference. The Chancellor is…
Has the Bank of England given up on its duty on inflation?
Has the Bank of England’s Monetary Policy Committee quietly excused itself from its duty of keeping inflation down: namely, keeping the…
Is the inflation panic over? Probably not
So, is the post-Covid inflation panic over? That is how it looked last month, when the government’s preferred inflation index,…
Is the UK trapped in an inflationary spiral?
Are we heading for a 1970s-style inflationary spiral? Not according to Catherine Mann, former chief economist at Citigroup, who argues…
The Bank of England's new monetary hawk
Andy Haldane’s departure from the Bank of England opened up one of the most influential roles in guiding UK monetary…
Germany’s post-war recovery was no economic miracle
Lord Macaulay wrote that ‘during the century and a half which followed the Conquest there is, to speak strictly, no…
Britain is ill-prepared to deal with rising inflation
Inflation is on the rise again. For the third consecutive month, the Consumer Prices index outpaced the forecasters’ consensus, landing at…
Has the Bank of England just blown its chance to stop inflation?
The economy is growing at a blistering pace, and likely to recover all its Covid losses by the autumn. Labour…
Is inflation about to bite?
The signs were there for all to see — pubs, restaurants, hairdressers and so on all pushing up their prices. Businesses…
Two reasons why Andy Haldane is right to worry about inflation
Companies are facing critical shortages of staff. Commodity prices keep spiking upwards. Central banks are printing money on an unprecedented…
Has Covid accelerated the cashless society?
Time is, I fear, running out. Running out, that is, to avoid handing to a small number of multinational corporations…
Inflation is the biggest threat to Boris
The vaccines are rolling out. Lockdown is easing, the EU has been forgotten about, and the Labour party has returned…
Inflation fears grow
Two months ago The Spectator reported on what was keeping Rishi Sunak awake at night ahead of the Budget: an inflation…
Can Melinda still keep Bill Gates in check?
‘We are seeing very substantial inflation,’ the great investor Warren Buffett told shareholders in his master company Berkshire Hathaway at…
Why cryptocurrency is the answer
The craze for cryptocurrency can be explained by a host of factors: the allure of getting rich quick; the attraction…
Why does no one in the cabinet admit to being a Europhile?
One of the oddest features of the cabinet majority for staying in the EU is that almost no one in…
George Osborne has made his own 'dangerous cocktail' of economic risk
When David Cameron said this week that he is worried his children would not be able to afford to buy…
Portrait of the week
Home Andrew Burnham described calls from Yvette Cooper, a rival candidate for the Labour leadership, for him to withdraw from…
Portrait of the week
Home The government postponed a Commons vote on relaxing the Hunting Act in England and Wales after the Scottish National…
Portrait of the week
Home Talha Asmal, aged 17, from Dewsbury, West Yorkshire, died in a suicide bomb attack on forces near an oil…