The pay rises promised by Rishi Sunak don’t mean the end of austerity
Spending cuts will continue to weaken large parts of the state.
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Economy
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Economy
Will selective austerity continue to work for the Conservatives?
The political approach that has proved lucrative for the Tories over the past decade may not be suited to the…
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How UK consumer confidence is plummeting
Confidence among consumers has fallen to its lowest level since the last national lockdown.
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Why the left should celebrate Boris Johnson’s clash with the Treasury
If the Prime Minister weakens the overmighty department he will be performing a great service for any future progressive administration.
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How government departments still bear the scars of austerity
Spending on unprotected areas is set to be 25 per cent lower by the middle of the decade than in…
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How China’s economy has rapidly slowed
The Chinese economy grew by just 0.2 per cent in the most recent quarter.
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Why conventional economics is inadequate for our new age of scarcity and emergency
In an era of rising prices and low growth, redistribution is the only realistic means of maintaining living standards.
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UK set to suffer the worst economic damage from Covid-19 of any G7 country
The British economy is expected to be 2.9 per cent smaller in 2025 than forecast before Covid-19.
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