The ostrich economy is heading for a reckoning
Since 2008, politicians and bankers have kept recession at bay by pretending it wasn’t happening. That strategy is beginning to…
By
Economics
Latest in
Economics
Subscribe to The Crash
The New Statesman's new business newsletter will help you understand what's happening to the global economy.
How UK credit card borrowing is surging
The annual credit growth rate of 11.6 per cent is the highest since November 2005
By
Flat wages, surging stocks: how the rich profited from a 13-year stock market surge
The UK’s lightly-taxed asset boom enriched the wealthy while workers endured a lost decade.
By
UK suffers highest fall in employment rate in the G7
Lower EU migration and higher rates of long-term illness have reduced employment levels in Britain.
By
Rishi Sunak’s UK windfall tax has un-greened a green idea
The Chancellor’s levy on energy companies will create more problems for the climate.
By
As China’s growth stalls and supply chains falter, the West faces a stagflation trap
Soaring energy and food prices mean inflation is rising globally – and it will only come down if banks engineer…
By
Five ways the government failed to shield the UK from inflation
For all the Tories’ attempts to blame the Bank of England, Britain’s unique exposure to the crisis is caused by…
By