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    Chris Giles

    Economics editor

    Chris Giles became economics editor for the Financial Times in October 2004, having previously served as a leader writer. His reporting beat covers global and UK economic affairs and he writes a UK economics column fortnightly.

    Before joining the FT as economics editor, he was an economics reporter for the BBC, worked for Ofcom, the telecommunications regulator and started his career with seven years as an economist for the Institute for Fiscal Studies. Chris loves numbers.

    Email Chris Giles @ChrisGiles_  on Twitter (link opens in a new browser window)
    Email Chris Giles @ChrisGiles_  on Twitter (link opens in a new browser window)

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    • Friday, 30 September, 2022
      UK business & economy
      S&P puts UK credit rating on notice with ‘negative outlook’

      Agency cited ‘additional risks’ in lending to the country following Kwasi Kwarteng’s mini-Budget

    • Friday, 30 September, 2022
      UK politics & policy
      Kwarteng faces test persuading UK watchdog of fiscal plans

      Chancellor and PM Liz Truss’s meeting with OBR officials on Friday marks start of effort to reassure markets

    • Thursday, 29 September, 2022
      UK politics & policy
      Truss faces growing Tory pressure as Labour opens 33-point poll lead

      UK prime minister vows to stick to tax-cutting plans despite gilt sell-off resuming

    • Thursday, 29 September, 2022
      Bank of England
      BoE under pressure over pensions ‘time-bomb’

      Central bank has ‘work to do’ outside mainstream banking sector, says chief economist

    • Thursday, 29 September, 2022
      UK business & economy
      Lessons for Truss when economic orthodoxy bites back

      The UK prime minister’s experiment fails to take account of unforeseen consequences in the real world

    • Wednesday, 28 September, 2022
      Bank of England
      Bank of England launches £65bn move to calm markets

      Central bank to spend £5bn a day for 13 days over ‘material risk to UK financial stability’ and threat to pensions

    • Wednesday, 28 September, 2022
      Bank of England
      Bank of England goes into full crisis management mode

      But analysts express concern Threadneedle St appears willing to print money to finance the government

    • Wednesday, 28 September, 2022
      UK politics & policy
      Truss allies hit back at IMF over criticism of tax cuts

      Fund urged UK government to rethink ‘large and untargeted fiscal packages’ that risk stoking inflation

    • Wednesday, 28 September, 2022
      International Monetary Fund
      IMF urges UK to ‘re-evaluate’ tax cuts in biting attack on fiscal plan

      Multilateral lender warns ‘untargeted’ package risks stoking inflation

    • Tuesday, 27 September, 2022
      News in-depthUK business & economy
      Is Britain now in a full-blown economic crisis?

      Analysts play down comparisons with developing country troubles, but highlight prospect of spending cuts

    • Tuesday, 27 September, 2022
      Pound Sterling
      Pound resumes slide after BoE and Treasury seek to steady markets

      Sterling falls below $1.07 despite central bank and government reassurances about interest rates and stable finances

    • Monday, 26 September, 2022
      ExplainerPound Sterling
      How significant is the sterling crisis?

      Recent falls represent the perception of a problem with the UK’s currency rather than simply US dollar strength

    • Sunday, 25 September, 2022
      UK business & economy
      Kwarteng vows to stick with tax cuts despite investor jitters

      Tory MPs and traders braced for further market volatility after UK chancellor insists ‘more to come’

    • Sunday, 25 September, 2022
      News in-depthUK politics & policy
      Kwarteng invokes Thatcher but UK faces very different times

      Budget cuts to income tax are where similarities with former PM’s policies and Reaganomics end

    • Friday, 23 September, 2022
      UK business & economy
      Pound tumbles below $1.09 after UK’s £45bn tax cut package

      Kwarteng axes top rate of income tax and reduces basic rate but gilt yields surge on government borrowing fears

    • Friday, 23 September, 2022
      The Big Read
      The inflation fight: are central banks going too far, too fast?

      With sharp rises in interest rates and currency interventions, central bankers insist they will vanquish inflation, whatever the cost

    • Friday, 23 September, 2022
      UK economic growth
      Kwarteng’s growth hopes hit by borrowing costs

      Treasury counting on debt-financed tax cuts and energy subsidies not pushing up inflation and driving down pound

    • Thursday, 22 September, 2022
      News in-depthUK interest rates
      Bank of England prepares for tug of war with Treasury

      Future moves on interest rates will be influenced by the impact of UK government’s fiscal plans

    • Thursday, 22 September, 2022
      UK interest rates
      Bank of England lifts interest rates by 0.5 percentage points

      UK rate-setters hold back from matching global peers’ more aggressive increases but hint at large rise in November

    • Wednesday, 21 September, 2022
      UK Budget
      Mini-Budget risks setting UK on ‘unsustainable path’, say IFS and Citi

      Ahead of Kwarteng’s Commons speech on Friday, economists warn of £60bn-a-year hole in public finances

    • Wednesday, 21 September, 2022
      ExplainerUK business & economy
      Behind the cost of business crisis hitting UK plc

      Despite the government’s energy package, spiralling costs and falling consumer spending mean the stage is set for recession

    • Tuesday, 20 September, 2022
      UK business & economy
      Truss plans radical shift in economic policy

      New UK prime minister readies tax-cutting mini-Budget and says she is prepared to be unpopular

    • Friday, 16 September, 2022
      News in-depthUK politics & policy
      City of London welcomes plan to scrap bankers’ bonus cap

      Kwarteng’s proposal is political risk that experts say is likely to have little effect on growth

    • Thursday, 15 September, 2022
      Global Economy
      World Bank warns higher rates risk causing global recession

      Organisation calls on central banks to co-ordinate policies and tighten less to avoid ‘devastating’ worldwide downturn

    • Thursday, 15 September, 2022
      UK economic growth
      The mini-Budget is taking great risks with the public finances

      Kwarteng must beware of repeating the mistakes of a previous Tory chancellor

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