The first official figures for UK GDP in the final quarter of last year may not have been quite as bad as expected, but it says a lot that some are keen to trumpet economic growth of just 0.1% as ‘good news' and a much-needed 'boost' for Rachel Reeves. Quarterly growth of at least 0.4% … Continue reading Fourth quarter GDP ‘boost’ is nothing to cheer
Tag: Budget
Can Rachel Reeves get growth back on track?
The Chancellor’s big growth speech on Wednesday morning was so widely trailed that it contained few surprises. But it was still the clearest and most coherent statement of her economic philosophy and plans, so far. Before diving into the detail, it is only fair to welcome the change of tone. It has been refreshing to … Continue reading Can Rachel Reeves get growth back on track?
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?
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
Plain-speaking Economics 