Money
Truss says no to spending cuts. Here’s the caveat
The mini-Budget was a spending spree. The ‘medium-term fiscal plan’ was meant to explain the funding. But what exactly is…
City slickers’ reaction to Kwarteng’s unfunded plan is entirely rational
‘Fury at the City slickers betting against UK plc,’ shouted the Daily Mail on Tuesday, after Monday’s mayhem saw the…
No such luck
There was an article recently in the increasingly woke but still useful New Scientist which attempted to gauge the degree…
Will Liz Truss take on the IMF?
Tonight the International Monetary Fund has weighed in on the UK’s mini-Budget, offering a direct rebuke of Liz Truss and…
Can the Bank of England inspire confidence?
It has dawned on the government that last week’s mini-Budget might have been a bit too one-sided: £70 billion worth…
How worrying is the falling pound?
How are markets responding to Kwasi Kwarteng’s mini-Budget? A sharp fall in the pound today has plenty of critics arguing…
Flat broke
Help to Buy has been a disaster for me
Are the markets scared of Liz Truss?
Look at the chart for interest rate expectations in isolation, and you might come to the conclusion that Rishi Sunak…
Money-saving tips to beat the gloomy GDP figures
We’ll find out shortly whether official statistics agree with economists surveyed by Bloomberg who say UK GDP probably shrank by…
A price to pay
I was intrigued to learn from Tom Daley – that young man who became famous for jumping off a platform…
The real difference between Sunak and Truss’s tax policies
The Tory leadership race is becoming a test of patience. Today Rishi Sunak has laid out his plan to slash…
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…
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…
Letters
Sturgeon’s single issue Sir: Nicola Sturgeon needs to be careful what she wishes for. Declaring that the next general election…
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’…
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…
Off the table
Restaurant prices are no longer worth it
A moving experience from Paddington to Liverpool Street
It’s 8.16 on Tuesday morning and I’m actually writing this on a moving Elizabeth line train. Moving in the sense…
Daylight robbery
Why won’t banks help fraud victims like my daughter?
Crypto is dead
When Britain voted for Brexit, Macron boasted that Paris would eat the City of London’s lunch. It didn’t quite work…
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,…
Why Rishi shouldn’t quit
Perhaps I should stress from the get-go that I do not know Rishi Sunak. So far as I know, we’ve…
The price of youth
In evolutionary terms, it is obvious why we get more conservative with age. Two strong forces, acting in the same…
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…
