Have we reached the point of irreversibility?
Saturday, February 17th, 2024Have we passed a tipping point? El Niño has something to do with this, but let’s not pretend that chart is anything but scary. Although,
Read the full article…
Fascism is much closer than we ever imagined
Saturday, February 17th, 2024The world is in agreement that Alexei Navalny was murdered. The only surprise is that, unlike most of Putin’s opponents who seem to suffer this
Read the full article…
The reality of fiscal headroom is that the UK has large amounts of it available - but only if the governmment is willing to spend more
Friday, February 16th, 2024I had discussions with other economists yesterday, in which issues like fiscal headroom were on the table for debate. I wrote about this issue very
Read the full article…
Sunak promoted everything that created a recession. It is his, by design.
Friday, February 16th, 2024The National newspaper in Scotland asked me for a reaction to the news that the UK was in recession yesterday. I had precisely fifteen minutes
Read the full article…
A devastating night for the Tories
Friday, February 16th, 2024It could be argued that my suggestion that we have seen peak Labour, made yesterday was either premature or wrong given the overnight by-election results
Read the full article…
Has Starmer done his best to snatch defeat from the jaws of victory?
Thursday, February 15th, 2024Labour’s continuing inability to manage candidate selection for forthcoming elections, despite Keir Starmer’s seemingly fetishistic demand for control of this process, gives rise to an
Read the full article…
What is the value of spotting that we are in recession after it has happened?
Thursday, February 15th, 2024As the Office for National Statistics has announced this morning: UK gross domestic product (GDP) is estimated to have fallen by 0.3% in Quarter 4
Read the full article…
What possible reason could there be for nursing applications to have fallen?
Thursday, February 15th, 2024As the FT has reported this morning: The number of applications to nursing courses at UK universities has fallen sharply, prompting the Royal College of
Read the full article…
Of ‘fiscal rules’ and ‘fiscal headroom’ and other such fantastic things
Thursday, February 15th, 2024The FT had a report yesterday that suggested that: Jeremy Hunt is considering slashing billions of pounds from public spending plans to fund pre-election tax
Read the full article…