Rachel Reeves: destroyer of jobs
Over the past year, some 142,000 payrolled jobs have been lost, according to the latest labour market figures from the…
The Budget that could make, or break, Starmer’s government
As the Chancellor Rachel Reeves gets to work on her second Budget – to be delivered on 26 November –…
How bad is the UK bond crisis?
‘UK in the drain’, a trader exclaimed earlier today as 30-year gilt yields punched through to their highest level since…
The coming crash: the markets have had enough
‘The problems of financing our deficits have seriously hampered progress in achieving our goals,’ wrote Labour’s chancellor Denis Healey in…
Why your weight loss jab is ballooning in price
‘A friend of mine who’s slightly overweight, to put it mildly, went to a drug store in London,’ Donald Trump…
Britain is being pulled under by debt
Britain is slowly drowning in debt. Figures just released by the Office for National Statistics (ONS) show that in the…
Is inflation here to stay?
Inflation is up again. CPI climbed to 3.8 per cent last month – up from 3.6 per cent in July,…
GDP growth proves the Bank of England’s mistakes
Yesterday’s stronger-than-expected GDP growth raises questions for the Bank of England. Second quarter growth came in at 0.3 per cent…
Rachel Reeves must pull Britain from its doom loop
Britain’s is growing, albeit sluggishly. Figures just released by the Office for National Statistics (ONS) show the economy grew by…
Don’t forget Nicola Sturgeon’s real legacy
Nicola Sturgeon gets an easy ride with the English media. This weekend, with a book to flog and an image…
Has the Bank of England forgotten what its job is?
The Bank of England has cut interest rates to 4 per cent. Threadneedle Street’s Monetary Policy Committee (MPC) has just…
Has Rachel Reeves created a £50 billion fiscal black hole?
The Chancellor’s black hole is getting bigger and tax rises are coming. That’s the judgement of the National Institute of…
Trump’s tariffs are taming China
Stockholm This week, the fate of the global economy could have been decided over a Mongolian barbecue in a Stockholm…
The US-China trade war is not over yet
Stockholm, Sweden The United States and China have concluded two days of trade negotiations in Stockholm without reaching an agreement…
Britain is broke
Britain is continuing to chuck billions onto our mounting pile of debt. Figures just released by the Office for National Statistics (ONS)…
Why Reeves should sell her bitcoin hoards
Deep fried prawn balls, chicken chow mein, crispy shredded beef and a Ponzi scheme could be about to win the…
Broke Britain: how the Bank of England wrecked the economy
In February 2020, a few weeks before Britain was thrown into lockdown, Sajid Javid resigned as chancellor of the exchequer…
Rachel Reeves’s tax raid is to blame for rising unemployment
Unemployment has hit 4.7 per cent – its highest level for four years after the Chancellor’s taxes on business caused…
Rising inflation shows how the Bank of England is failing
The rate of inflation climbed to 3.6 per cent in June – up from 3.4 per cent in May. That’s…
No, Rachel Reeves: Britain doesn’t look ‘open for business’
Rachel Reeves wants Britain to become a shareholder democracy. In her annual Mansion House speech to the City’s bankers, accountants…
Tax rises are inevitable
The string of bleak economic updates continues. First we had the dire report by the Office for Budget Responsibility (OBR)…
Badenoch is right: the benefits bill could cripple Britain
‘We are becoming a welfare state with an economy attached,’ said Kemi Badenoch in a speech on sickness benefits today. She’s…
Wes Streeting is right to take on the doctors
The public won’t forgive and nor will I, said Health Secretary Wes Streeting of plans by junior doctors to strike…
Britain is heading for economic catastrophe
Britain is in trouble. That’s the judgement of the Office for Budget Responsibility (OBR) in their ‘fiscal risks and sustainability’…
I feel sorry for Rachel Reeves
I’m starting to feel a tiny bit sorry for the chancellor. Yes, most of the economic and fiscal problems we’re facing…
