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economy Articles

Inflating expectations

The market reaction to the Bank of England’s latest Inflation Report was muted on the day. Nevertheless, the report has probably given economic optimism at least a short-term boost. The country needs a One Nation economic policy to make sure everyone benefits from...

Bubble trouble

We may not have heard the champagne corks popping at the treasury on Thursday, but I would not be surprised if George Osborne raised a Pimm’s to celebrate the 0.6 per cent uplift in Quarter 2 GDP growth figures that were released by the Office for National Statistics....

Building economic policy for improving times

How would an improving UK economic performance affect political debate? We might be about to find out. As I’ve noted previously, there have been signs of growth in the UK economy. The past few weeks have supported that view. At the beginning of July the June Markit...

On the path to credibility

George Osborne has long been a better reader of the opinion polls than steward of the economy. Since 2010, he has thus honed in on public perceptions that Labour cannot be trusted to run the economy in general, and control spending on welfare in particular. Last...