Here are the slides from a presentations I gave last week to A-level students of economics, politics and business studies... the-economics-of-free-trade-and-inequality-29-june-2022Download
Category: UK economy
It has taken six years since the vote to the leave the EU, but I have finally lost the last of my patience with how (most of) the press is covering the economic impact of Brexit. Here are three of many examples from the last few days alone. First, on Thursday the ONS published new … Continue reading How the Remainer media get Brexit wrong – and why this matters
The latest data on the UK’s public finances have provided more ammunition for those arguing that the government cannot afford to cut taxes. However, the economic reality is far more nuanced – especially when it comes to debt interest payments. The bad news is that the government borrowed another £14.0 billion in May, £3.7bn more … Continue reading Is the Treasury ‘crying wolf’ over the debt interest bill?
The Bank of England’s Monetary Policy Committee (MPC) has raised interest rates by just a quarter point, to 1.25 per cent. This was the fifth increase in as many meetings, but still leaves rates near historic lows. In my view, this was a mistake. This decision is hard to square with April’s consumer price inflation … Continue reading Bank of England falls further behind in race to tame inflation