The left shouldn’t rush to blame Liz Truss for Britain’s woes
The former PM is a sideshow – the real damage was done by the “sensible” people who championed austerity.
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Economics
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Economics
Liz Truss’s essay shows she is as deluded as ever
The danger is how many Tories will agree with the former prime minister’s bizarre logic.
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Running on fumes: how Britain squandered its gas wealth
The source of the current energy crisis goes back decades. How did the UK become so hopelessly hooked on foreign…
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Martin Wolf: “Austerity and Brexit made everything worse”
The chief economics commentator of the Financial Times reflects on the failures of globalisation and how the UK became the…
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Who sets our interest rates – the Bank of England or the US Federal Reserve?
The UK is raising rates in line with America, but our economy seems headed in a different direction.
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Why the IMF sees Britain as the sick man of the global economy
The UK’s growth is forecast to fall behind every other major economy, including Russia.
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Jeremy Hunt says nothing
The Chancellor struck an optimistic tone about the potential of the British economy, but didn’t actually have anything to announce.
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Where did America’s recession go?
Six months ago US business executives were warning of an approaching economic “hurricane”, but it has failed to materialise –…
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