Why is inflation going back up?
For the past few months, the debate over inflation in Britain has centred around just how fast the rate might…
Has government borrowing really been brought under control?
To what extent have the public finances really been brought under control? This morning’s update from the Office for National…
Is the banking system on the brink?
Has a full-scale banking crisis been avoided? UBS has just swooped to take over its rival Credit Suisse, paying for…
Crash test: the new era of economic uncertainty
We are in a new era of economic uncertainty
Welcome to Big State Toryism
A million pounds is very small change in the context of wider government spending – especially compared to the £20…
The biggest Budget surprise wasn’t one of Jeremy Hunt’s announcements
The biggest surprise from today’s Budget was not an announcement, but the forecasts that gave Jeremy Hunt room for manoeuvre.…
Britain’s cooling labour market could spell trouble for Hunt
Is the UK’s labour market cooling down? While unemployment remains unchanged at 3.7 per cent, according to today’s update from the Office…
Jeremy Hunt defends the Tories’ long-term economic record
A Chancellor’s Sunday media appearance before a Budget often serves as a ‘free pass’ – not because difficult questions aren’t…
What the right gets wrong on illegal immigration
The government’s plans for the Illegal Migration Bill – which would see virtually all people arriving outside formal, legal channels…
GDP grows by 0.3% – but the UK economy remains stagnant
This morning’s release from the Office for National Statistics shows the UK economy grew by 0.3 per cent in January – an…
Dyson tells Hunt: your tax grab sucks
As tax rates rise in the UK, so do business jitters. The windfall tax on oil and gas companies –…
The toxic cult of self-love
I used to think that the early hours of the morning were for sleeping. Sometimes they might become an extension,…
Would Liz Truss’s ‘economic Nato’ work against China?
It was only a few weeks ago that Liz Truss started commenting on domestic policy again, speaking to The Spectator…
Inflation falls to 10.1% – but is still at a 40-year high
Inflation remains at near a 40-year high – but finally, we’re starting to see some signs of good news. This…
Britain’s absent workers are slowly being lured back into employment
The latest labour market update – published by the Office for National Statistics this morning – looks a lot like…
Whither forecasts?
Liz Truss vs the OBR
Britain avoids recession – for now
Britain has avoided recession – for now. This morning’s update from the Office for National Statistics (ONS) reveals that there…
Was Liz Truss denied a ‘realistic chance’ to succeed?
‘I assumed upon entering Downing Street that my mandate would be respected and accepted. How wrong I was.’ This is…
Have interest rates finally peaked?
Markets expected another interest rate rise today of 50 basis points. That’s exactly what they got. This afternoon the Bank…
Government borrowing hits £27.4 billion
Rishi Sunak ruffled his own party’s feathers last week when – in reference to last autumn’s market turmoil – he…
Inflation is coming down – but when will we start to feel better off?
Despite this week’s inflation update, broad consensus remains that the headline rate is going to fall – significantly – this…
Are we being too downbeat about Britain’s economy?
Economic optimism is in short supply these days – but has pessimism about the UK’s economy been overegged by the…
More Brits are looking to get back to work
Unemployment in Britain has risen again and is now at 3.7 per cent, up 0.2 per cent on the quarter.…
The markets have put the Truss mini-Budget behind them
What is the lasting impact of Liz Truss and Kwasi Kwarteng’s mini-Budget? According to Andrew Bailey, the governor of the…
The real problem with Davos and the World Economic Forum
The political and financial elite are gathered in Davos in Switzerland for the World Economic Forum’s (WEF) annual meeting, which…
