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Michael SimmonsThe Spectator |
One of the first magazine cover pieces I wrote as economics editor was: ‘Go – Why the Rich Are Fleeing Britain’. It claimed that changes to the...
Energy prices have been on the rise again in recent weeks and fears of another inflationary shock are, again, on economists’ lips. For now, though,...
If John Healey wants to succeed as Chancellor, he needs to get a grip on the Office for National Statistics (ONS). I’ve written about the troubles...
‘I’m done with Trump,’ fumed a normally MAGA-supportive retail trader as he watched an investment that was particularly Hormuz-sensitive...
If John Healey wants to succeed as Chancellor, he needs to get a grip on the Office for National Statistics (ONS). I’ve written about the troubles...
Figures released this morning by the Office for National Statistics (ONS) show inflation fell to 2.6 per cent in June – down from the 2.8 per cent...
John Healey has been hit with a triple whammy on his first full day as Chancellor of the Exchequer. The Office for National Statistics (ONS) has just...
Andy Burnham’s government could be entertaining to watch but disastrous for the country. Reports suggest that one of the options Burnham could...
Britain is crippled. More of us than ever before are disabled. One in four, at the last count. But it is a statistic so obviously at odds with reality...
Britain is crippled. More of us than ever before are disabled. One in four, at the last count. But it is a statistic so obviously at odds with reality...
Rachel Reeves last night made what is surely her final Mansion House speech to the business bigwigs, obscure liverymen and bankers of the City of...
If I were Andy Burnham, I’d be terrified about the inheritance Keir Starmer has left. Yet instead of stepping gingerly towards Downing Street,...
If I were Andy Burnham, I’d be terrified about the inheritance Keir Starmer has left. Yet instead of stepping gingerly towards Downing Street,...
If I were Andy Burnham, I’d be terrified about the inheritance Keir Starmer has left. Yet instead of stepping gingerly towards Downing Street,...
Andy Burnham has catapulted his way back to Westminster in a landslide victory, winning 55 per cent of the vote in Makerfield. The scale of that...
Unsurprisingly, the Bank of England has voted to keep interest rates at 3.75 per cent. The Bank’s Monetary Policy Committee (MPC), which decides...
This week has been described by some as Keir Starmer’s ‘legacy week’. The ban on social media and the G7 summit in Evian were meant to show what...
The Chancellor will be breathing a sigh of relief this morning as inflation holds steady. Figures just released by the Office for National Statistics...
One of the things wrong with Britain is our inability to say no to campaign groups once they win a hearing on the One Show. One rare exception to that...
Friedrich Hayek once argued that if you put the word ‘social’ in front of a noun, the meaning was negated. Social justice wasn’t about due...
Friedrich Hayek once argued that if you put the word ‘social’ in front of a noun, the meaning was negated. Social justice wasn’t about due...
Friedrich Hayek once argued that if you put the word ‘social’ in front of a noun, the meaning was negated. Social justice wasn’t about due...
Friedrich Hayek once argued that if you put the word ‘social’ in front of a noun, the meaning was negated. Social justice wasn’t about due...
The final tranche of the Mandelson files was released this afternoon – though no thanks to Lord Mandelson. A Cabinet Office note released alongside...
‘It is hard not to be pessimistic when you examine the data,’ former health secretary Alan Milburn says in the foreword to his report into young...
Having said she would make no further comment on the imprisonment of her husband, Nicola Sturgeon’s lawyer has issued two further statements on her...
Reprieve! The British consumer has received a stay of execution. Figures just released by the Office for National Statistics (ONS) show inflation last...
When Labour MPs eventually hoof Keir Starmer out of office, the Prime Minister and his neighbour in No. 11 will surely come to be remembered for one...
‘Politics needs to change,’ Andy Burnham, our presumptive next prime minister, told the ‘Great North Summit’ in Leeds this afternoon. Burnham...
This may be barely concealed trauma from my time as a Scottish civil servant but, when I look at Andy Burnham, I see Nicola Sturgeon. The cultivated...
Reality Check verdict: false You know things are hotting up in Westminster when reporters start unironically using the word ‘febrile’. Today,...
In a relief for mortgage holders, anyone with a job and the government, the Bank of England’s Monetary Policy Committee (MPC) has voted 8–1 to...
Rachel Reeves may have lost the plot. The Guardian reports that the Chancellor is considering a one-year rent freeze on private-sector flats and...
The Iran war is being felt in Britain’s economy. Figures just released by the Office for National Statistics (ONS) show inflation rose to 3.3 per...
On the face of it, the Office for National Statistics (ONS) have just released great news on unemployment. The rate – against all expectations –...
It must be bittersweet being Rachel Reeves. Figures just released by the Office for National Statistics (ONS) show the economy grew by 0.5 per cent in...
Rachel Reeves lands in Washington tonight to be greeted with bad news. The International Monetary Fund (IMF) – whose spring meeting the Chancellor...
Plastered around Westminster this Easter were adverts for the Tower of London. ‘The perfect place for troublemakers – pre-book now,’ the poster...
This week Rachel Reeves ruled out a blanket energy bailout to manage the fallout from the Iran war. That’s the right approach. But her targeting of...
The Organisation for Economic Co-operation and Development (OECD) has just confirmed what we already knew: Britain will be hit harder than almost...
Prices rose by 3 per cent last month – the same rate as the month before. Figures just released by the Office for National Statistics (ONS) show...
After a record tax take and surplus in January, normal service has resumed. Britain experienced its second-largest February borrowing splurge since...
In a surprise to no one, the Bank of England’s Monetary Policy Committee (MPC) has voted nine-zero to hold interest rates at 3.75 per cent. The...
Finally, some good economic news: Britain may have turned a corner on jobs. Figures just released by the Office for National Statistics (ONS) show the...
Figures just released by the Office for National Statistics (ONS) show the economy ground to a halt in January, with no growth recorded. That was...
With Donald Trump signalling that he does not want a long war in Iran, markets have started to settle down. Traders are no longer betting on interest...
Just as Britain’s economy looked to be ‘turning a corner’, it may be about to slam into a wall. The warning signs were obvious last week. On...
A few weeks ago I thought a March interest rates cut was ‘near certain’. Inflation was coming down and Bank of England rate-setters’ concerns...
Rachel Reeves got what she wanted: an uneventful spring statement. It’s not even leading the homepage of the Financial Times. But that doesn’t...
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