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With markets, technocrats and voters on their backs, can politicians change anything? → Read More
Politicians are talking big about a new "hands on" economics. But centuries of "hands-off" history shape the mindset of them, British managers and even the British trade unions → Read More
They had high hopes, but at best Frantic was a strategic sideshow, at worst a waste of time → Read More
Is inflation dead or just hibernating? → Read More
Britain remained globalised and this was crucial to its success → Read More
The tactics of the No 10 adviser echo those of Greece’s finance minister in the 2015 crisis, says economist, writer and broadcaster Duncan Weldon → Read More
The biggest risks come more from politics than economics → Read More
More importantly: at what age is my daughter old enough to understand compound interest? → Read More
Attention has rightly focused on risk of actual war, but the harmful economic consequences of Trump’s action should not be overlooked → Read More
For starters, George Bailey would have been a councillor → Read More
Bank of England Governor Mark Carney. Photo: Jonathan Brady/PA Wire/PA Images Tomorrow the Bank of England looks set to raise interest rates. This will be a mistake. Oxford Professor Simon Wren-Lewis and the Financial Times’ Martin Sandbu have neatly marshalled the evidence against a hike. In short—growth remains weak, inflation may be above target but that is almost entirely down to the… → Read More
A rise in rates once meant that the economy was returning to normal health, but not this time → Read More
In truth, prospects for other developed economies look set to improve while the UK’s outlook continues to darken, says Duncan Weldon, head of research at the Resolution Group → Read More
I covered the Greek debt crisis in 2015—and as Brexit negotiations continue the sense of déjà vu is profound → Read More
Want to know why Trump really won? A breathtaking new economic analysis has some answers → Read More
Slower economic growth is being predicted, and it’s going to harm living standards, says Duncan Weldon, head of research at the Resolution Group → Read More
“We appear to be being offered Singapore-Upon-Thames or Stalingrad-Upon-Thames and we don’t really want either” → Read More
For all the talk of economic turmoil in Europe, signs point to the Eurozone doing well. Photo: Pexel Read much of the British press’s output on the European economy and it won’t be long before you come across words like “sclerotic”, “stagnant” or “moribund.” There is a peculiar type of glee that is found in talking up the Euro’s inevitable demise; doubly peculiar when one considers that a… → Read More
Labour leader Jeremy Corbyn launches his party’s 2017 election manifesto. The party would raise the minimum wage to £10 by 2020 Photo: Isabel Infantes/EMPICS Entertainment Whether the next prime minister is Theresa May or Jeremy Corbyn, one thing looks certain—the National Minimum Wage (or the National Living Wage as George Osborne rather cheekily rebranded it) is set to rise. The Conservatives… → Read More
Philip Hammond’s retreat on national insurance bodes ill for the role of the state as British people have known it since 1945 → Read More