Tag: Economy
A stunning diplomatic achievement
The EU and UK agreement could ignite a dramatic economic recovery, as long as we rediscover timeless and useful principles As somebody who always refused to accept the false “No Deal v 2nd Referendum” narrative which somehow took hold in the last four years, I am personally delighted by the new Trade and Co-Operation Agreement […]
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We need more than Caractacus Potts
We cannot take the suspense. Philip Hammond labours like Caractacus Potts in the Treasury shed. Creak, bang, curse, he tinkers away into the night, preparing to unveil his latest Budget contraption on November 23rd. There is a sense of foreboding too. Will it fly beautifully, like Chitty, Chitty Bang? Or send him careering dangerously around […]
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The public finances are in rude health
I know these are unfashionable things to say, but not only is the British economy in much ruder health than many commentators admit, but we all owe a debt of thanks to George Osborne. The excellent public sector finance figures published today are a dramatic demonstration of these truths. What a pleasant surprise for the […]
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It is not true we are getting poorer or that our incomes are falling
Given the economics profession’s delight in gloom, sifting out the good news from that which is actually bad requires constant vigilance. This week is a classic example, over the average earnings data. The Office for National Statistics said that average earnings grew at an annual rate of 2.2% in August, below inflation. In other words, […]
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