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Economy
My views on economic policy and the financial sector.

 
Why the Bank had to restore order.
Labour has to challenge conventional wisdom to promote economic growth that benefits everyone - otherwise our public services will continue to deteriorate.
What matters most is our economy's productive potential. We don't usually get something for nothing.
A sketch of where we are following recent data. Some investment and ESG questions.
The Bank of England's outlook in its August Monetary Policy Report was one of doom and gloom. It should ensure it is not captured by dated orthodoxy but ultimately government should act on cost of living crisis.
Not an easy task given uncertainties, especially if energy and commodity prices do fall later in the year. Ultimately, radical economic reform required.
Central banks are struggling to head off general inflation while dealing with price shocks that will be negative for growth. They waited too long, which has made their tasks more difficult.
The Bank of England has raised interest rates, but that does not mean it has been most effectively managing inflation risks.