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Kate AndrewsCity A.M. |
This morning the Office for National Statistics (ONS) confirmed that the UK confined its technical recession to 2023. The economy grew by 0.6 per...
The Bank of England’s Monetary Policy Committee has voted to hold interest rates for the sixth time in a row. Members of the MPC voted 7 – 2 to...
It’s all but certain that the UK’s exit from recession will be confirmed at the end of this week. Preliminary Q1 data, released on Friday, is...
The Organisation for Economic Cooperation and Development’s (OECD) latest report, published this morning, downgrades Britain’s growth prospects...
When Joseph Stiglitz talks, the left listens. The Nobel laureate has advised multiple Democratic presidents and the World Bank, where he worked as...
Labour’s plan to renationalise the railways is not much of a plan at all. Rather, it is a list of goals: to eliminate ‘fragmentation, waste,...
Chancellor Rishi Sunak had days to design the furlough scheme. Once lockdown became mandatory in spring 2020, it was a race against the clock to...
At the start of January, Donald Trump offered up a cheery new year message for Americans. ‘If I don’t get immunity, then Crooked Joe Biden...
It seems political consensus isn’t dead. It’s simply been hibernating, waiting for a kind of crackdown on personal liberty that is so popular that...
It seems political consensus isn’t dead. It’s simply been hibernating, waiting for a kind of crackdown on personal liberty that is so popular that...
It’s not just Britain that has a growth problem. Today’s release of the IMF’s April 2024 World Economic Outlook report argues that the global...
The economy grew by 0.1 per cent in February: not much to celebrate on its own but the small uptick in GDP all but confirms that the UK is leaving its...
The NHS England waiting list has fallen for a fifth month in a row: to 7.54 million in February, down from 7.58 million in January. Since September...
It was extremely optimistic to think the UK could revise its way out of recession. After the Office for National Statistics (ONS) reported GDP figures...
Rishi Sunak doesn’t speak much about his five priorities these days, apart from inflation, which ‘halved’ as promised. On NHS waiting lists,...
The Bank of England has voted to keep rates at 5.25 per cent – but there are signs that a rate cut may not be far off. The Monetary Policy...
Will Jeremy Hunt have scope to deliver more tax cuts before the next election? Tory MPs certainly hope so, as cuts to employee National Insurance in...
Kate Andrews has narrated this article for you to listen to. Has Kate Middleton united America? For the past few days, we have been one nation under...
Inflation has slowed once again, to 3.4 per cent in the 12 months to February, down from 4 per cent in January. This takes the inflation rate to its...
Every year the Mais lecture, hosted by Bayes Business School, gives its speaker a chance to lay out their vision for the economy. It’s how we knew...
Is Britain’s economy ‘turning a corner’? Rishi Sunak thinks so, but convincing his fellow MPs and the public is going to be difficult. At the...
Kate Andrews has narrated this article for you to listen to. A Judy Garland rendition, dancing nurses, a star lead: no spectacle is spared in Tim...
Is the UK already out of recession? It’s a question that won’t be confirmed for months, but this morning’s update from the Office for National...
Could Jeremy Hunt really abolish employee National Insurance (NI)? His additional 2p cut announced in yesterday’s Budget seems to be the start of...
‘We fight for every inch,’ declared Nikki Haley after she won her first primary in the District of Columbia last week. Her fight didn’t last...
Can the Tory party now credibly claim it is cutting taxes? That was the big mystery going into Jeremy Hunt’s pre-election Budget this afternoon, as...
We’ll know tomorrow afternoon what exactly Jeremy Hunt has included in his Budget, but reports this evening suggest we’re looking at another 2p...
February was a tough month for Jeremy Hunt, as he tried to roll back the tax cut promises that were made by himself and Rishi Sunak in January. The...
When Rishi Sunak made ‘stopping the boats’ one of his five priorities after entering No. 10, he ensured that immigration (legal and illegal) would...
Does Jeremy Hunt have the cash to spend on tax cuts in his spring Budget next week? That’s the billion pound question that the Institute for Fiscal...
The good news started with the revelation that last month had produced a surplus of £16.7 billion for the Treasury – double the surplus of the same...
What sent the economy into recession at the end of last year? The government blames higher interest rates, ushered in by the Bank of England. The Bank...
Jeremy Hunt needed some good news this morning, when the monthly public sector finance update was released by the Office for National Statistics...
The Tories have had a tax problem for quite some time. But news of a recession at the end of last year has made matters much worse. It has been an...
At the start of last year Rishi Sunak made the promise to ‘get the economy growing’ one of his five major pledges. Today he is confronted with...
The government had been facing two economic challenges this week, ahead of the by-elections in Kingswood and Wellingborough: the publication of the...
Has the Labour market cooled down enough for the Bank of England to change its mind on interest rates? Almost certainly not, based on the latest...
What will Labour’s flagship promise be going into the next election? There’s a policy vacancy, now that the party plans to ditch its pledge to...
The Bank of England (BoE) has held interest rates at 5.25 per cent for the fourth time in a row. This is no big surprise: with inflation ticking...
Rishi Sunak stood glowering over a school table and listed, with disdain, the flavours of the vapes that lay on the table in front of him....
On the face of it, this morning’s public sector finance update is good news. The government borrowed £7.8 billion in December last year. This is...
More tax cuts are on their way. That is the message this morning from both the Prime Minister and Chancellor, who have written comment pieces in The...
The Tory party’s plan to further cut taxes in the Spring Budget is not exactly a secret. Still, Jeremy Hunt’s suggestion at Davos that they are...
Each year the World Economic Forum’s conference in Davos, Switzerland draws the conspiratorial eye. In truth, nothing is happening in the ski town...
Inflation rose to 4 per cent on the year to December, up slightly from 3.9 per cent the previous month. It’s the first time the inflation rate has...
Iowans have just delivered Trump the biggest caucus win in history In recent years, the caucus has been a better gauge for what the grassroots of the...
November is proving to have been a lucky month in Britain. Inflation slowed significantly: from 4.6 per cent on the year in October down to 3.9 per...
When will inflation return to the target rate? According to its latest forecasts, the Bank of England isn’t expecting inflation to slow to 2 per...
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