Why the Bank of England may welcome job losses
Interest rates have been held at 4.25 per cent. The Bank of England’s Monetary Policy Committee (MPC) voted by six…
Why is the ONS saying inflation has gone down?
The rate of inflation remained flat at 3.4 per cent in May – still well above the Bank of England’s…
Rachel Reeves’s non-dom crackdown has truly backfired
Rachel Reeves may finally have seen sense. A report in this morning’s Financial Times suggests she is ‘exploring’ performing a 180 on…
The good and bad news about the UK-US trade deal
Donald Trump and Keir Starmer’s transatlantic trade deal has finally been signed. Before making an early exit from the G7,…
Why the Israel-Iran war could raise your taxes
If Rachel Reeves is to have any chance of making it to her autumn budget without U-turns or raising taxes,…
Paul Johnson: The spending review was ‘incomprehensible’
Rachel Reeves’s spending review was the ‘most incomprehensible speech I’ve ever heard from a chancellor’, according to Paul Johnson of…
OnlyFans is giving HMRC what it wants
Fenix International occupies the ninth floor of an innocuous office block on London’s Cheapside. The street’s name comes from the…
Reeves needs to tell the public that they’re wrong
Writing about Britain’s spending plans has started to feel a bit like swimming through treacle. It’s not that there aren’t…
Britain’s GDP decline is bad news for Rachel Reeves’ spending plans
Rachel Reeves delivered her spending plans for the next three years less than 24 hours ago, but already the credibility…
Labour’s National Insurance hike is starting to bite
The unemployment rate has risen to 4.6 per cent, the Office for National Statistics has revealed. This morning’s figures mark…
What’s new in Reeves’s spending review?
When Rachel Reeves last week tried to shift the narrative around her spending review – from one of fiscal restraint…
The ONS blunders. Again
‘The ONS apologises for any inconvenience caused’ is becoming an all-too-familiar refrain from Britain’s statisticians. The latest mea culpa came…
Will Rachel Reeves heed the warnings over the UK’s gloomy economic outlook?
Rachel Reeves has been warned again that the slim headroom against her ‘ironclad’ fiscal rule could be wiped out if…
Rachel Reeves risks killing off the family business
Changes to how inheritance tax and trusts are treated for non-doms have already put the nation’s finances on shakier ground…
Will the economy save the Tories?
This week Dominic Cummings said the Tories may have ‘crossed the event horizon’. He was trying to find a tech…
IMF: Britain will need to raise taxes if it wants to keep spending
The International Monetary Fund (IMF) has warned Britain faces ‘difficult fiscal choices’ if it is to meet ever increasing spending pressures.…
Britain is not in charge of its energy
As much of Westminster gets up in arms about fish, the major change in Starmer’s EU deal is going under…
The rich are fleeing – what next?
Keir Starmer is worried about who’s coming into the country. This week, he launched a white paper with the aim…
Is Britain’s strong growth really because of Rachel Reeves?
The UK economy grew faster than expected in the first three months of the year. According to figures just released…
Reeves’s jobs tax is beginning to bite
Figures just released by the Office for National Statistics (ONS) show the UK unemployment rate has risen to 4.5 per…
US and China slash tariffs
The White House has announced a breakthrough in trade negotiations with China following two days of talks in Switzerland. Yesterday,…
Why Britain is cutting interest rates – and the US isn’t
Interest rates have been cut to 4.25 per cent. The Bank of England’s Monetary Policy Committee (MPC) voted by five…
What would a US trade deal mean for the UK?
Later today, Donald Trump is reportedly set to unveil a trade deal with the UK. He’ll make the announcement alongside…
Starmer can’t afford a winter fuel U-turn
Keir Starmer has ruled out a U-turn on the government’s decision to cut the winter fuel payment, with the Prime…
Labour’s benefits cuts aren’t working
Britain’s welfare crisis may have slipped from the front pages following Liz Kendall’s £4.8 billion worth of cuts announced ahead…
