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Chris Giles

Chris Giles

Financial Times

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To stop UK’s debt fatalism, look past charts of doom

Despite dire OBR warnings, changes to how projections are calculated can correct misplaced fear of unsustainable levels

04.03.2026 7

Financial Times

Chris Giles

The relentless rise of liberal tax Nimbys

People love progressive changes in theory but hate them in practice

18.02.2026 10

Financial Times

Chris Giles

Are UK consumers about to rediscover their mojo?

The pieces are falling into place, but are not quite there yet

05.02.2026 8

Financial Times

Chris Giles

What happens if the UK and US reach net zero (migration)?

We would need to rethink sustainable growth rates and fiscal targets

22.01.2026 10

Financial Times

Chris Giles

The next Fed chair shouldn’t party like it’s 1999

It is premature to assume the AI era will lead to non-inflationary growth like the ’90s computing boom

09.01.2026 10

Financial Times

Chris Giles

The UK economy is not nearly as bad as you’ve been told

A huge pessimistic bias in our national accounts leads us to doom and gloom which turns out to be nonsense

13.12.2025 10

Financial Times

Chris Giles

The OBR’s carelessness has damaged us all

The fiscal watchdog’s error is worse than other Budget leaks because it exists solely to improve the process

27.11.2025 6

Financial Times

Chris Giles

The truth about the UK economy in 2025

It is not the story that the chancellor would like to tell you

13.11.2025 10

Financial Times

Chris Giles

The bridge that bursts Britain’s public spending myths

Investment is a long game that does not transform the immediate growth outlook, and cuts are difficult

30.10.2025 8

Financial Times

Chris Giles

No need for a moral panic about the welfare system

It’s far from perfect, but the UK’s spending is broadly controlled and employment is high

16.10.2025 5

Financial Times

Chris Giles

Think twice before rushing to fix the UK’s broken property taxes

It took us a generation to get into the present council tax mess and would take another to emerge with minimal scars

03.10.2025 6

Financial Times

Chris Giles

Economic dynamism is the victim in Trump’s second term

Few sectors will escape the negative supply shocks caused by the president’s policies

24.09.2025 7

Financial Times

Chris Giles

The UK is a fiscal saint, not a sinner

Markets ultimately will take notice if the government demonstrates its ability to lower deficits

03.09.2025 10

Financial Times

Chris Giles

The Fed’s future hangs in balance after Trump’s assault

The central bank does not work properly if a president can bend it to his will

26.08.2025 4

Financial Times

Chris Giles

How the Fed should deal with US stagflation risks

Caution should continue to be the watchword in Jackson Hole until the impact of Trump’s policies are better understood

21.08.2025 8

Financial Times

Chris Giles

What if Trump picks an inflation nutter for Fed chair?

With US checks and balances on the retreat, it is unwise to be an optimist

12.08.2025 5

Financial Times

Chris Giles

The kernels of truth in reports of a millionaires’ exodus

We do not know exactly how many people are leaving, but the corroborating evidence is mounting up

08.08.2025 7

Financial Times

Chris Giles

Don’t believe the myth: Britain’s services have been hit hard by Brexit

Export growth has been strong but not lived up to its potential

10.07.2025 6

Financial Times

Chris Giles

Should we stop the UK’s best talent moving to London?

The capital has been skewing Britain’s economic geography for more than a century

27.06.2025 5

Financial Times

Chris Giles

A blizzard of figures from Reeves obscures the real political challenge

We have higher expectations of services than providers can offer from the taxes we actually want to pay

14.06.2025 10

Financial Times

Chris Giles

The world of work is much more pleasant than we expected

Longer effective working lives have so far offset ageing populations

28.05.2025 10

Financial Times

Chris Giles

How EV subsidies are taking the UK back to the 1970s

A cautionary tale about good intentions messing up the tax system

14.05.2025 10

Financial Times

Chris Giles

Brexit lessons for Trump’s trade war

Big talk of holding all the cards looks even worse with the benefit of hindsight

01.05.2025 20

Financial Times

Chris Giles

The US, not others, will feel most pain from its economic mistakes

America is not the powerhouse it once was

21.04.2025 10

Financial Times

Chris Giles

Britain’s fiscal framework is not fit for purpose

There is nothing accountable or legitimate about unelected officials setting taxation and spending policy

02.04.2025 10

Financial Times

Chris Giles

From miserable to mediocre: the Reeves challenge continues

History suggests the OBR may, once again, have been persuaded to be too optimistic at a time of global turmoil

26.03.2025 3

Financial Times

Chris Giles

What will be in Rachel Reeves’ Spring Statement?

The chancellor’s ship is set to stay afloat despite choppy waters next week, but bigger threats lurk beyond

20.03.2025 10

Financial Times

Chris Giles

Ten things you should know about Trump’s tariffs but were afraid to ask

No, Mr President, they are not going to make America rich, great or popular

05.03.2025 10

Financial Times

Chris Giles

Britain’s productivity puzzle is turning into a crisis

If the data can be believed, the UK economy is losing its economic dynamism

19.02.2025 10

Financial Times

Chris Giles

Trump amplifies the transatlantic economic divergence

Emerging policy differences will force looser monetary policy in Europe than in the US

06.02.2025 10

Financial Times

Chris Giles

On fiscal policy Rachel Reeves must show, not tell

The chancellor needs to act upon her tough rhetoric if she is to assuage bond markets

22.01.2025 7

Financial Times

Chris Giles