Rishi Sunak can’t blame financial markets for his spending cuts
Investors panicked by the reckless mini-Budget won’t be happy when the Autumn Statement’s austerity weakens growth either.
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Economics
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Economics
Ha-Joon Chang: “Talk of a ‘fiscal black hole’ is an insult to the concept”
The South Korean economist on the case against austerity and his new book Edible Economics.
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The “fiscal black hole” is a dangerous myth to justify austerity
Imposing unnecessary spending cuts would trap the UK in an economic doom loop.
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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.
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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.
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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…
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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…
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House prices have fallen across the world
Prices fell in the UK, Germany, the Netherlands and Sweden in September.
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