The UK’s living standards crisis is intensifying
As inflation hits 7 per cent, real wages are falling at the fastest rate since 2013.
By
Economy
Latest in
Economy
We need price controls to fight the living standards crisis
By failing to control prices, the government boosts profits and cuts wages. It’s a straight choice.
By
Why household debt is surging and what that means for the economy
With wages failing to keep up with soaring prices, households are turning to short-term borrowing, which increases the risk of…
By
The rise of “rentier nationalism”
Covid-19 and the new national capitalism
By
Why the OBR’s bleak economic forecasts are not bleak enough
Despite reportedly provoking Rishi Sunak’s ire for its grim predictions, the government forecaster has in fact been far too optimistic…
By
UK credit card borrowing has surged
Borrowing increased by £1.5bn in February, the biggest rise for three decades.
By
Leader: The age of deglobalisation
A utopian belief in market forces and endless progress left the West unprepared for the shocks of the last decade.
By
Shrinkflation: why a Dairy Milk gets smaller, not more expensive
As inflation rises, manufacturers are at risk of “demand destruction” if they increase prices.
By