Treasury
Jeremy Hunt snaps at Rachel Reeves over National Insurance
Rachel Reeves may have been getting attention for her accusation that the government is ‘gaslighting’ the public over the state…
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…
Who is Gordon Brown to pose as the voice of fiscal sanity?
Gordon Brown is demanding Parliament be recalled for an emergency budget. By October, he says, quoting a study he commissioned…
Read: the new Chancellor's interview with the BBC
This is an edited transcript of the interview with the new chancellor Nadhim Zahawi on the Today programme this morning. Nick Robinson: You…
How the Treasury maintains its power
Don’t bring a bottle. Your chances of finding a party in full swing down those chilly corridors are close to…
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…
Rishi Sunak's spring statement speech in full
Mr Speaker, As I stand here, men, women and children are huddled in basements across Ukraine seeking protection. Soldiers and…
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…
Is the government in denial about the looming economic crisis?
The priority for the UK and other rich democracies is to protect the people of Ukraine from the depredations of…
Rishi Sunak's low tax pitch to MPs
Is Rishi Sunak a low tax chancellor? He certainly likes to tell anyone who will listen that he is. Yet…
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…
Could the squeeze on living standards bring down Boris?
There is about to be a two-phase onslaught on the living standards of those on low-to-middling incomes. On 1 October…
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…
We'll all pay the price for reckless energy firms' gambling
You know that mate of yours who is always boasting they pay way less for energy than you because they’re…
How much longer can the Treasury rig the housing market?
The past 15 months have produced a bizarre economic paradox. In 2020, the economy shrank at the fastest rate recorded…
Dominic Cummings’s explosive claim about the Bank of England
Amidst all the explosive claims made by Dominic Cummings during today’sselect committee hearing, one towards the beginning of the seven-hour…
If austerity is off the table, how do we pay for Covid-19 costs?
What is the true cost of Covid-19? No one knows – yet. But it’s not going to be cheap. The…
The corona stimulus shows we've learned the lessons of the crash
The Bank of England hasn’t wasted time getting in front of the coronavirus, and its actions this morning show how…
Crunch time
For anyone considering a career in economic forecasting, the Bank of England’s inflation report for August 2007 ought to be…
Michael Gove and the bogeymen of Europe
European bogeymen Michael Gove said ‘remain’ campaigners were spreading tales of bogeymen. But what is a bogeyman? Appropriately enough, the…
Osborne’s false prophet: why Jim O’Neill will never deliver a ‘northern powerhouse’
Why Jim O’Neill isn’t fit to run the Northern Powerhouse
Danny Alexander’s diary: Trying to put an undercover reporter at ease, and the unicorn poop question
It’s dangerous, in my line of work, to promise you’ll be anywhere by 8 p.m. I made this mistake recently,…
The Spectator's Notes: George Osborne's personal recovery
Now that the economic statistics are looking better, people are beginning to rediscover the once-fashionable thought that George Osborne is…
George Osborne has seen the light on tax cuts. Now he needs to implement some more
George Osborne has not been a complete disappointment as Chancellor. He has, it is depressing to note, ended up giving…
