Kwasi Kwarteng has cut tax for the highest earners – will he pay a political price?
Like George Osborne, the new Chancellor has delivered another “tax cut for millionaires” but history suggests Labour may not benefit.
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Economy
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Economy
Conservative committee chair: Treasury is “sitting on” crucial economic forecast
Mel Stride, the chair of the Treasury Select Committee, says the government’s lack of transparency could have serious implications for…
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British voters move left on the economy, as Liz Truss drags it to the right
Enthusiasm is growing in Britain for higher taxes and spending on public services, and redistribution of wealth.
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How public support for tax and spend has surged
Fifty two per cent of voters support higher taxes and public spending, and just 6 per cent want them cut.
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Why Liz Truss can’t be a 21st-century Thatcher
It isn’t possible to launch a free-market revolution in an economy still defined by the last one.
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Why the UK is vulnerable to high interest rates
Britain does not want the fever of inflation – but it is unprepared for the cure.
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The meaning of Trussonomics: prevent a recession, then stake everything on growth
All governments want higher growth but few put the incentives in place to achieve it.
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Leader: Liz Truss has misread the times
After years of austerity, voters are craving an active state but all the PM has to offer is free-market individualism.
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