A desperate prime minister has given up trying to meaningfully account for the money he is putting into pre-election promises According to the myth, Catherine II’s courtier Grigory Potemkin r...
Rishi Sunak has announced that UK defence spending would be boosted to 2.5% of GDP by 2030. 'Over the next six years, we’ll invest an additional £75bn in our defence. And it will be fully fund...
Government borrowed £120.7bn in the last financial year, with just under £12bn in March Jeremy Hunt’s scope for a substantial pre-election tax giveaway has been hit after the latest set of ...
https://www.theguardian.com/business/2024/apr/23/jeremy-hunt-tax-cuts-borrowing
The former PM’s whingeing, unintentionally hilarious and scapegoating rant about the economy-crashing disaster of her time in No 10 is best read as a cautionary tale of hubristic zeal Three p...
Ideas of exceptionalism and ‘laissez-faire’ policies are still driving economic myths that should be stone dead There were fateful choices in the autumn of 1931 and the months that followed...
Annual health check to examine whether tax increases or spending cuts will be needed after election Jeremy Hunt’s plans for a fresh tranche of pre-election tax cuts will be put under the micr...
https://www.theguardian.com/business/2024/apr/19/jeremy-hunt-tax-cut-imf-scrutiny-election
The anti-growth coalition, Bank of England and the OBR are among those under fire from Liz Truss Raw free-market economics is missing in action. Somewhere between its 1980s ascendancy and today...
Separate report suggests number of people living in poverty aged between 60 and pension age has tripled under Tories Nearly 1 million people aged over 66 in the UK are living in deprivation, ac...
https://www.theguardian.com/society/2024/apr/16/nearly-1m-uk-pensioners-deprivation-official-figures
Party is awaiting steer on what would be an expensive overhaul and is also keen to show commitment to fiscal restraint Childcare in England failing and falling behind much of world, charity says ...
https://www.theguardian.com/politics/2024/apr/15/labour-in-a-bind-over-much-needed-childcare-reform
Sir Keir’s team will inherit a poisoned chalice from the Tories, but progress needn’t depend on the state opening its wallet Talking about the prospect of a Labour government, some people s...
Stagnating productivity might be blamed either on distracting hunger pangs or post-prandial doziness We’re not very productive. Stagnant productivity is the reason wages have flatlined since...
Prospect of party closing Tory ‘loopholes’ if elected prompts some wealthy individuals to explore a move overseas “People are jumping on planes right now and leaving,” said Nimesh Shah,...
https://www.theguardian.com/politics/2024/apr/13/uk-non-doms-uk-labour-tax-plans
Exclusive: Extensive polling ordered by the then chancellor, documents reveal, but scientific advisers not consulted Rishi Sunak ordered multiple taxpayer-funded focus groups and polls to craft...
Call for caution amid fears government intervention could lead to costly mistakes and prompt subsidy battle Aggressive use of industrial policy by the world’s most powerful economies risks be...
Economic upticks are welcome but they won’t help the chancellor’s chances of retaining his seat Some chancellors are sacked. Some are forced to resign. Some exchange the green benches of th...
Brexiters’ Asia hopes have foundered amid economic woes and hardline nationalism; it’s time to look at markets in our own backyard The world has changed since, post-Brexit, “Global Britai...
Boris Johnson’s 2019 policy faces accusation of being politicised and failing to tackle skills shortages Levelling up: what has the government spent – and where? Councils have called for a...
Five years after the Tories won over the ‘red wall’ with a pledge to restore deprived areas, voters in the north-east say they’ve given up waiting for change No progress made on half of lev...
Boris Johnson’s winning manifesto said it would ‘level up’ deprived parts of the UK by making the most of Brexit. Our writers drill down into the numbers to judge whether the party is makin...
Julian Richer, a landlord himself, says markets have created only disaster and the nation must shift from its focus on ownership Britain is a nation obsessed with home ownership. A fundamental ...