Phillip Inman, The Guardian

Phillip Inman

The Guardian

United Kingdom

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Recent articles by Phillip:

The Tories know the game is up, even if the City of London doesn’t

With faith in Labour economic policies on the rise, and staunch voters losing faith, the next election will not be another 1992 → Read More

Could Britain be facing a general strike this winter?

Workers from the health, transport, education and postal sectors have voted for industrial action, but coordination is legally restricted → Read More

Federal Reserve to slow interest rate rises as it tackles 40-year inflation high

Jerome Powell warned there ‘was more ground to cover’ and rates would stay higher for an extended period → Read More

Truss? Brexit? Covid? Who is really to blame for the Tories’ ‘fiscal hole’?

The succession of PMs have all spoken out on who or what has caused the state of UK finances. They’re all partly right, but conveniently miss out one or two other key reasons → Read More

Revealed: the £30bn cost of Liz Truss’s disastrous mini-budget

Analysis shows former PM was responsible for half of the Treasury’s £60bn fiscal hole as chancellor prepares to announce cuts in Thursday’s budget → Read More

Autumn statement: which tax rises and spending cuts are most likely?

The potential impact of the chancellor’s various options and which ones we think he will pursue → Read More

Decline of UK manufacturing accelerates as government ‘abandons’ sector

Amid higher costs and worker shortages, British Chambers of Commerce says Brexit is another factor → Read More

Slowing US inflation rate raises hopes cost of living crisis may have peaked

Pound surges and stock markets rebound as US consumer price index drops from 8.2% to 7.7% in October → Read More

UK facing huge scale of unrest last seen in 1980s miners’ strike

Nearly 1.7 million mostly public sector workers are being balloted on or have voted for stoppages → Read More

World jobs boom halted by Ukraine war and recession risk, says ILO

UN body says economic and political crises threaten rise in jobs and hours worked after Covid pandemic → Read More

Taxes must rise to plug £40bn black hole in Sunak and Hunt’s budget

There’s limited scope for further spending cuts so the PM and chancellor must surely look to higher taxation to repair damage done by the mini-budget → Read More

As invasion of Ukraine continues, western nations need to tax war profiteers’ windfalls

Households and businesses hit by higher prices caused by the conflict should be helped by companies that have benefited → Read More

European Central Bank hikes interest rates, fuelling recession fears

ECB chief Christine Lagarde notes concerns but warns of further hikes to tackle soaring eurozone inflation → Read More

Bank of England left in the dark ahead of new interest rate decision

With fiscal statement deferred and mixed government messaging on tax and spending the BoE has little to go on → Read More

Brexit isn’t working, and Labour must be honest about it with Britain’s electorate

Goods trade is down, as is productivity, and the financial sector is also set to suffer. But will the opposition dare talk about it? → Read More

Fall of Liz Truss gives Italy’s far right a lesson in what not to do

Giorgia Meloni’s radical economic agenda had resembled Kwasi Kwarteng’s. It won’t any longer → Read More

Pound falls and UK borrowing costs rise despite Jeremy Hunt debt promise

Chancellor says he will do ‘whatever is necessary’ to bring down national debt → Read More

Interest rates unlikely to rise above 5%, says Bank of England official

Ben Broadbent says increase already priced into markets would deliver ‘pretty material’ hit to economy → Read More

Goldman Sachs expects worse UK recession in 2023

Bank tips economy to shrink 1% in downgraded forecast, but also predicts lower inflation and interest rates → Read More

UK economy shrinks by 0.3% on back of manufacturing slump

August GDP data from ONS gives strong signal that UK is entering recession → Read More