The “fiscal black hole” is a dangerous myth to justify austerity
Imposing unnecessary spending cuts would trap the UK in an economic doom loop.
By
Economics
Latest in
Economics
What the price of diesel tells us about the coming recession
Industry and agriculture run on diesel; when it becomes unaffordable, the business cycle turns.
By
Housebuilding is far below the Conservatives’ manifesto target
The Tories pledged to build 300,000 homes every year but just 204,530 were built in the most recent period.
By
Why Brexit has been far less damaging than Mark Carney suggests
The former Bank of England governor’s claim that the UK economy is now less than 70 per cent the size…
By
Are we heading for the next credit crunch?
British companies are avoiding borrowing as they await the Autumn Statement, where the wrong message would be disastrous for the…
By
House prices have fallen across the world
Prices fell in the UK, Germany, the Netherlands and Sweden in September.
By
Higher interest rates mean the end of the party for property
As owners are forced to pay double or triple the interest on their mortgage, many will sell up.
By
Why has the Bank of England raised interest rates when a recession is inevitable?
The Bank’s pursuit of lower inflation means a new economic headache: business closures and much higher unemployment.
By