It’s time to stop kidding ourselves the Bank of England can control inflation
Only the government can administer the required medicine of subsidies and price controls.
Byinflation rate 2022
How benefits payments have failed to keep pace with inflation
The standard monthly welfare payment is now £52 lower in real terms than in 2010.
By
The Bank of England is right to hold its nerve
It is not the job of central bankers to bail out a reckless government.
By
Financial markets have rejected the Tories’ economic vandalism
The slide in sterling indicates that traders are cynical about Liz Truss’s big gamble on growth.
By
Why the UK is vulnerable to high interest rates
Britain does not want the fever of inflation – but it is unprepared for the cure.
By
Could today’s bank holiday push the UK into recession?
The extra bank holiday for the Queen's funeral could cost the British economy £2bn.
By
What does stagflation actually mean?
Inflation has hit double figures for the first time in 40 years, while the economy is shrinking.
By
Food inflation is higher than at any time since 2008
Fresh produce increased in cost by 10.5 per cent in the 12 months up to August.
By