The Bank of England holds interest rates – for now
In a relief for mortgage holders, anyone with a job and the government, the Bank of England’s Monetary Policy Committee…
Why is Rachel Reeves flirting with rent controls?
Rachel Reeves may have lost the plot. The Guardian reports that the Chancellor is considering a one-year rent freeze on private-sector flats…
The Iran war hits inflation
The Iran war is being felt in Britain’s economy. Figures just released by the Office for National Statistics (ONS) show…
Unemployment has fallen – but not in a good way
On the face of it, the Office for National Statistics (ONS) have just released great news on unemployment. The rate…
Britain’s economy is growing – but not for long
It must be bittersweet being Rachel Reeves. Figures just released by the Office for National Statistics (ONS) show the economy…
The IMF growth downgrade is more bad news for Rachel Reeves
Rachel Reeves lands in Washington tonight to be greeted with bad news. The International Monetary Fund (IMF) – whose spring…
Benefits treats: how Britain became a freeloader’s paradise
Plastered around Westminster this Easter were adverts for the Tower of London. ‘The perfect place for troublemakers – pre-book now,’…
Reeves’s energy bailout risks solidifying Britain’s welfare trap
This week Rachel Reeves ruled out a blanket energy bailout to manage the fallout from the Iran war. That’s the…
Why is Britain so ill-equipped to deal with economic shocks?
The Organisation for Economic Co-operation and Development (OECD) has just confirmed what we already knew: Britain will be hit harder…
Inflation stalls before the energy shock hits
Prices rose by 3 per cent last month – the same rate as the month before. Figures just released by…
Britain’s borrowing splurge is not sustainable
After a record tax take and surplus in January, normal service has resumed. Britain experienced its second-largest February borrowing splurge…
Brace yourself: inflation is coming
In a surprise to no one, the Bank of England’s Monetary Policy Committee (MPC) has voted nine-zero to hold interest…
Britain may have finally turned a corner on jobs
Finally, some good economic news: Britain may have turned a corner on jobs. Figures just released by the Office for…
Brace yourselves for a painful year ahead
Figures just released by the Office for National Statistics (ONS) show the economy ground to a halt in January, with…
Should Reeves cut fuel duty?
With Donald Trump signalling that he does not want a long war in Iran, markets have started to settle down.…
Iran has wrecked Reeves’s cost-of-living promises
Just as Britain’s economy looked to be ‘turning a corner’, it may be about to slam into a wall. The…
Rachel Reeves’s Spring Statement ignored Britain’s biggest problems
Rachel Reeves got what she wanted: an uneventful spring statement. It’s not even leading the homepage of the Financial Times. But…
What to expect from Rachel Reeves’s spring statement
Before the first missiles landed in Tehran, Rachel Reeves was looking forward to today. Her spring ‘forecast’ statement was going…
‘It’s a Faustian pact’: Rachel Reeves is giving bankers what they want
The Epstein files lift the curtain on how power is exercised and influence traded by our financial elite. It is…
Peter Mandelson arrested by Met Police
Peter Mandelson, Britain’s short-lived ambassador to the US, has been arrested on suspicion of misconduct in public office. In a…
The dodgy data behind child poverty
Britain is set for another dodgy data scandal. In last Friday’s Reality Check newsletter I picked up on reporting from the…
Is Reform brave enough to take on the pensions triple lock?
Will any political party ever take on the triple lock? The answer from Reform’s Robert Jenrick yesterday appeared to be…
Inflation is down – but for how long?
Britain seems to be turning a corner. Figures just released by the Office for National Statistics show the rate of…
Ed Miliband and Andy Burnham’s Britain doesn’t exist
With Sir Keir Starmer’s premiership in perpetual peril, it seems instructive to pay closer attention to his potential successors. On…
Is there a silver lining in Britain’s dismal growth figures?
Wes Streeting was bang on when he told Peter Mandelson the government had ‘no growth strategy at all’. The Health…
