Why most debt and deficit projections are still way too upbeat.
- Professor Emeritus of Economics, SOAS, University of London
Rishi Sunak has delivered his first budget as UK chancellor and the Conservative Party’s first budget since winning the 2019 general election.
Global markets are finally waking up to the threat of the outbreak.
Austerity policies cut Britain’s brief recovery from the financial short and brought recession, stagnation and growing poverty.
A visit to the Bundestag revealed just how varied German attitudes to Brexit are.
US accusations of German currency manipulation do not appear to be motivated by economics.
Donald Trump looks like he’s gearing up for a trade war with China that has been years in the making.
Britain is divided with the SNP landslide in Scotland and Conservative majority in England – and their economic policies are polar opposites.
The latest GDP figures for the UK economy are cause for concern. This is bad news for the Conservatives who are campaigning on their economic record.
The UK is increasingly reliant on the financial services industry, to the detriment of a healthy economy – and the Coalition has been complicit.
Rises in house prices and rents is far from uniform across the country. But how might this affect voters?
A closer look at the numbers shows significant variation in the way pensioners have benefitted under the coalition – some have, some haven’t.
A defence that argues that ‘it depends on how you measure it’ does not wash.
Austerity has not been a success for the Chancellor, but that won’t stop him from trying to paint is as such.
The Conservatives are campaigning on the idea that they have succeeded at reducing the UK’s fiscal deficit. But deficit reduction has been an economic failure.
Syriza’s surge to power with a campaign against austerity has forced politicians across Europe to justify their economic policies. The UK chancellor was hot-off-the-mark to assure everyone that the Greek…
Greece faces a decisive moment on January 25 in a snap election that could see major gains for the extreme left and right. But anyone worried about how Syriza on one side, or Golden Dawn on the other…
An opinion poll taken in the wake of George Osborne’s Autumn statement reveals that just 27% of people think the British economy is in good shape. This was a decline compared to a survey taken just three…
Those of us that follow the mainstream media encounter information but few genuine insights. Recently one jumped off the page at me in a Financial Times piece. In an otherwise undistinguished endorsement…
According to some commentators, something quite strange is happening in the United States in the run-up to the midterm elections. US president Barack Obama’s Democrats are heading for a clunking defeat…
Readers of the Financial Times would have recently encountered a story that encompasses the paper’s version of bad/good news when it comes to the oil business. According to the author Daniel Yergin, the…
One of the Conservative Party’s major promises to emerge in its party conference was the promise of tax cuts to reduce the burden of government on hardworking families who do the right thing. Many critics…
Ed Miliband is trying to wrestle back the political initiative in Manchester. The leader of the opposition must avoid becoming mired in deeply complex constitutional questions of devolution at his party’s…
The Obama administration has proposed several ad hoc multi-country economic agreements, and in doing so has abandoned de facto the World Trade Organization (WTO) as insufficiently malleable to its interests…
The Argentine government recently defaulted on its external debt. The country’s debt issues had been building up for some time and then, just over ten years ago the country’s newly-elected president, Néstor…
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