This isn’t a “mild” recession
The headline GDP figures mask a 15-year living standards disaster for Britons.
ByNew Times,
New Thinking.
The headline GDP figures mask a 15-year living standards disaster for Britons.
ByConsumer spending, government support and lower energy prices have propped up growth.
ByThe latest headline employment figure disguises worrying trends in the British economy.
ByThe boss of Harrods has admitted his department store prospers during a recession. This is a clear failure of fiscal…
ByThe Bank has to account for the long-term effects not only of its own decisions, but also of government policy.
ByWe might have to pick our poison.
ByBond markets have suggested US inflation could fall by the most since 2008 next year – which could be catastrophic…
ByBritain’s economy is forecast to perform worse than any other in Europe next year.
ByToday’s GDP figures mark the beginning of a long recession. The government got us into this mess, and now it…
ByIndustry and agriculture run on diesel; when it becomes unaffordable, the business cycle turns.
ByBritish companies are avoiding borrowing as they await the Autumn Statement, where the wrong message would be disastrous for the…
ByLiz Truss’s disastrous premiership has added a “moron risk premium” to government borrowing – even after she resigned.
ByThe Bank’s pursuit of lower inflation means a new economic headache: business closures and much higher unemployment.
ByGDP fell by 0.3 per cent in August and the economy is still smaller than before the Covid-19 pandemic.
ByAll governments want higher growth but few put the incentives in place to achieve it.
ByThe extra bank holiday for the Queen's funeral could cost the British economy £2bn.
ByEconomic downturns often coincide with suicide rate increases, so the government is discussing how its front-line staff can help the…
ByAs inflation reaches a 40-year high and with Britain facing a punishing recession, the Conservative leadership contenders have failed to…
ByThe power politicians and the Bank of England have to bring down inflation is sadly very limited.
ByRate rises will do little to control inflation but they will dramatically increase the threat of mass unemployment.
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