This isn’t a “mild” recession
The headline GDP figures mask a 15-year living standards disaster for Britons.
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Duncan Weldon
Duncan Weldon is the author of Two Hundred Years of Muddling Through (Abacus) and writes the “Value Added” Substack newsletter.
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Strikes show how the dream of a high-wage economy died
The Conservatives have given up trying to reset what Boris Johnson described as a “broken model”.
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The UK is facing a living standards catastrophe
It is hard to think of a worse economic backdrop for a party planning a general election in 2024.
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Britain’s big squeeze
A new era of higher interest rates and lower wages threatens another lost decade for living standards.
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Liz Truss has become a free-market François Mitterrand
Like the French Socialist president, the Prime Minister is being forced to abandon a radical economic programme in the…
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How Liz Truss crashed to earth
By waging a culture war against reality, the government has made the UK economy one of the most unstable…
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Inside Liz Truss and Kwasi Kwarteng’s economic meltdown, with David Gauke and Duncan Weldon
Settling the financial markets will require some painful political medicine.
The UK is heading for an economic calamity
Kwasi Kwarteng’s reckless Budget is set to trigger a surge in interest rates that will hurt households when they…
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The coming economic storm
As inflation reaches a 40-year high and with Britain facing a punishing recession, the Conservative leadership contenders have failed…
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