Private equity’s hostile takeover of Britain
Hettie O’Brien’s The Asset Class reveals how a morally dubious business financing model swallowed the public sector
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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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Why has the UK so far avoided recession?
Consumer spending, government support and lower energy prices have propped up growth.
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Jeremy Hunt’s economic optimism will collide with voters’ realities
Telling people that things are getting better while they still feel worse off is always a risky strategy.
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Why Britain’s economy has never been worse, with Duncan Weldon
The country is facing a deeper recession and slower recovery than its peers.
Britain has never faced decline like this before
The difference with past periods of economic woe is how meekly the political class is accepting the UK’s fate.
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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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