Inflation
Why Centrica is right to restore its dividend
‘What’s worse, they’re paying the profits to shareholders,’ said a grey-haired woman ahead of me in the Co-op queue. ‘Bloody…
The new PM’s growing to-do list
In theory, the Conservative leadership contest could have stretched to the autumn, but the 1922 Committee and CCHQ decided to…
I’m torn on Truss
I’ve been lucky enough in my working life so far to hold a string of jobs that have allowed me…
Is the US in recession?
There’s an almighty debate ongoing in the US about what exactly a ‘recession’ is. Regardless of semantics, the numbers are…
The problem with euro-dollar parity
The euro is nearly level with the dollar. It should not matter in theory, because of the relatively low share…
Inflation pressures may be easing but the worst still lies ahead
Is anything anywhere getting noticeably better – economically speaking – or at least less bad? Are commodities and manufactured goods…
Slippery slope
Runaway inflation is proving costly for Turkey’s oil wrestlers
Letters
Strong leaders Sir: Freddy Gray states that ‘voters seemed most enthusiastic about the leaders who removed their liberties’ (‘Leaderless’, 18…
Central bank rate hikes are pathetic
Check out these hyperventilating headlines from last week: ‘What the Fed’s largest interest rate hike in decades means for you’…
Boris Johnson’s inflation contradiction
As Boris Johnson tries to limit pay rises to bring down inflation, ministers have no explanation for why planned rises in…
Inflation is a social evil, so why don’t our leaders care?
It was a ‘destroyer of society’, a ‘tax on ordinary people’s savings’ and a threat to social order. You don’t…
Is Britain heading into a wage-price spiral?
Are wages about to spiral out of control? Boris Johnson certainly thinks there’s a risk. Last week he warned that…
How high might interest rates go?
To nobody’s surprise, the Bank of England has hiked its base rate, and, equally unsurprisingly, it has chosen to do…
Levelling up is failing
First the good news: the Office for National Statistics figures released today show that pay is rising at its fastest…
Why Biden’s inflation plan will fail
It sounded impressive at the time. On the last day of May, a whole ten days ago, president Biden laid…
Life in an age of hyperinflation
Istanbul, Turkey On Saturday mornings, Istanbul’s markets and greengrocers are packed with housewives in search of a bargain. Anxious women…
Unemployment is low – so why aren’t wages improving?
For the first time ever, the number of UK job vacancies – now almost 1.3 million – has overtaken the…
Haldane would have been a smarter inflation fighter than Bailey
Would Andy Haldane, the economist who left the Bank of England to run the Royal Society of Arts, have made…
The Biden Bust is here
A wave of government spending would reboot the economy. Fairer taxes would pay for restored infrastructure. Skills would be improved,…
Who can put the toothpaste of inflation back in its tube?
The UN Food and Agriculture Organisation’s food price index rose 13 per cent last month to stand a third higher…
Inflation is the real lockdown scandal
No. 10 was an endless series of parties. The Chancellor was more interested in socializing than sorting out the economy. And…
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…
Welcome to the new era of high inflation
There was a time when a chancellor would have bitten off the hand of a national statistician who offered him…
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…
