Category: Fiscal Policy

Is there hope for Britain’s economy in 2025?

In the memorable words of one official statistician, Britain’s economy was “going gangbusters” at the beginning of 2024. Unfortunately, last year appears to have ended with a whimper. The best hope now is that this pattern will be reversed in 2025, with a sluggish start giving way to a strong and sustained recovery. But the … Continue reading Is there hope for Britain’s economy in 2025? →

What to make of soaring bond yields

The latest surge in gilt yields - which represents the cost of new borrowing by the UK government in the bond market - is yet another shock that the already fragile economy could do without. To be fair, this crisis is not entirely the making of Rachel Reeves and her October Budget. Bond yields have … Continue reading What to make of soaring bond yields →

Labour is gaslighting the public to hide its economic failings

In a recent interview, Chancellor Rachel Reeves insisted that she would not ‘gaslight’ working people over her plans to turn the economy around. Unfortunately, this merely turned up the dial on the irony meter. The new government has consistently made dodgy claims in an attempt to convince voters that the reality is somehow different from … Continue reading Labour is gaslighting the public to hide its economic failings →