Tag: inflation

Podcast on UK inflation and monetary policy

I recorded a podcast for the Institute of Economic Affairs (IEA) on Friday 6th May on UK inflation, definitions of 'recession' and 'stagflation', and what more the Bank of England could (and should) have done. You can listen here... https://ieapodcast.podbean.com/e/interest-rates-how-to-control-inflation/

Tough times ahead, but Britain is still doing better than the EU

It is astonishing how many people are willing to claim that the UK would not be facing a cost of living crisis if Brexit had not happened, or if the Tories were not in power, and that the Chancellor has done nothing to help. This is – to use a technical economics term – cobblers. … Continue reading Tough times ahead, but Britain is still doing better than the EU

Is the UK government really about to spend £83 billion on debt interest?

In his Spring Statement speech the Chancellor made the eye-catching claim that ‘in the next financial year, we’re forecast to spend £83 billion on debt interest’. This £83 billion figure was widely understood to be the amount that the government would actually pay out in interest in 2022-23. This has prompted lots of unfavourable comparisons … Continue reading Is the UK government really about to spend £83 billion on debt interest?