First, the bad news. UK consumer price inflation has already hit 5.1pc in the 12 months to November. And it is likely to rise further in the coming months as businesses pass on more of the price pressure that is already in the pipeline. In particular, the energy regulator Ofgem is reviewing its cap on … Continue reading Put April’s tax rises on hold and let growth fix the public finances
Category: Taxation
How can economists help to tackle climate change?
Here are the slides from a presentation on climate change I gave to 14- to 16-year-olds on Saturday 25th September as part of an event run by Bubble Bubble, in partnership with the Royal Economic Society’s ‘Discover Economics’ campaign… how-can-economists-help-to-tackle-climate-change-sep-2021Download You can find more about 'Bubble Bubble' here... Economics for teens | Bubble Bubble | … Continue reading How can economists help to tackle climate change?
Sunak must keep trying to cut tax before the next election
The Treasury’s “fiscal rules” are rather like New Year’s resolutions: many of us make them, but few keep them. Nonetheless, after the spending binge during the pandemic, the Government needs some sort of framework to bring borrowing back under control. We may not have to wait much longer. The Chancellor is expected to unveil new … Continue reading Sunak must keep trying to cut tax before the next election
Stronger economy should save us from further tax rises
The Treasury is keeping busy, but hopefully not too busy. On the same day as the Prime Minister unveiled the ‘health and social care levy’, the Chancellor revealed last week that we will only have to wait another 50 days for the Autumn Budget, due on October 27. The focus next month will probably be on … Continue reading Stronger economy should save us from further tax rises
Plain-speaking Economics 