Chris Giles

Thursday, 8 June, 2023

The Starmer Project

Out of luck: the bleak economic outlook that Starmer would face

If Labour wins the next election, it is likely to encounter a much harsher environment than when it won power in 1997

Wednesday, 7 June, 2023

Global Economy

OECD chief economist calls for governments to cut fiscal support

Clare Lombardelli says measures must now target ‘those who really need it’

Thursday, 1 June, 2023

UK house prices

UK house prices extend falls as mortgage repayments soar

Rising interest rates drive drop in prices in May and highest net repayment of loans outside pandemic

Wednesday, 31 May, 2023

UK Inequality

Shift in government spending has cut UK inequality, study finds

IFS says increase in health provision, wider access to education and introduction of university fees is behind change

Tuesday, 30 May, 2023

UK business & economy

UK corporate profitability stable despite ‘greedflation’ claims

Official data for end of 2022 supports Bank of England findings that inflation is not being driven by higher profit margins

Thursday, 25 May, 2023

UK business & economy

Changing pensions regulations will not boost UK business investment

The real problem is that British companies do not want to increase capital expenditure

Wednesday, 24 May, 2023

UK inflation

Gilt yields soar towards mini-Budget levels after inflation disappoints

Despite fall to single figures, April’s consumer price inflation of 8.7% is significantly above BoE’s forecast

Wednesday, 24 May, 2023

News in-depthUK inflation

Is the UK once again the ‘sick man’ of Europe?

Return of high inflation and slow growth draws comparisons with the 1970s — but economists say this time it is different

Tuesday, 23 May, 2023

UK inflation

BoE admits ‘very big lessons to learn’ over failure to forecast rise in inflation

Governor Andrew Bailey admits central bank no longer following its own model when predicting price rises

Tuesday, 23 May, 2023

UK public finances

UK public borrowing rises on social security and interest payments

Net borrowing was higher than expected at £25.6bn in April

Monday, 22 May, 2023

UK inflation

Britons among most gloomy on inflation prospects

Survey finds six in 10 think it will take at least a year for cost rises to return to normal level

Monday, 22 May, 2023

German economy

Post-Brexit UK investments drive FDI in Germany to record level

Berlin warns total volume set to fall in 2023 as companies turn to US on back of Inflation Reduction Act

Monday, 22 May, 2023

News in-depthUK inflation

BoE pins its hopes on falling inflation easing wage growth

Headline rate set to fall sharply when April data is published on Wednesday as last year’s energy spike drops out of the figures

Thursday, 18 May, 2023

Special ReportG7: Japan

G7’s relevance cemented by G20’s dysfunction

America has taken a shine to forum - not as a way to thrash out global solutions, but as a body of like-minded leading nations able to agree a united front

Thursday, 18 May, 2023

News in-depthGlobal inflation

Why are central bank forecasts so wrong?

Mistakes in forecasting the severity of price pressures lead to soul-searching among rate setters

Wednesday, 17 May, 2023

UK inflation

BoE governor admits UK economy suffering from wage-price spiral

Andrew Bailey pledges to raise interest rates as far ‘as necessary’ to bring inflation down to 2%

Monday, 15 May, 2023

Bank of England

BoE chief economist regrets telling Britons to accept they are poorer

Huw Pill says ‘viral response’ has been unhelpful but maintains that it is necessary to slow spending

Friday, 12 May, 2023

News in-depthConservative Party UK

Sunak sticks with five pledges despite local election losses

Many in the party want a bigger and bolder vision to capture voters’ imagination — and a better campaign machine

Thursday, 11 May, 2023

UK interest rates

Bank of England raises interest rate to 4.5% and warns of missing inflation target

UK borrowing costs increase to their highest level in almost 15 years

Thursday, 11 May, 2023

News in-depthUK interest rates

BoE insists it is still winning the fight to control inflation

Governor Andrew Bailey defends the central bank’s efforts to tame price rises

Thursday, 11 May, 2023

US economy

US fiscal alarm bells are drowning out a deeper problem

Behind the debt ceiling drama lies a public finances tragedy

Tuesday, 9 May, 2023

UK interest rates

Bank of England set to raise rates to highest level since 2008

MPC meeting expected to decide on a quarter-point rise to 4.5%

Sunday, 7 May, 2023

US economy

US debt ceiling debacle adds to economists’ fears of turmoil

Concerns grow that growth and jobs will suffer as impasse drags on in Congress

Friday, 28 April, 2023

Global Economy

Reasons to be cheerful about the global economy

There is no room for complacency, especially about relations between the US and China, but some optimism is merited

Economics editor

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