Can Rachel Reeves recover?
A Chancellor playing a long game must hope she does not have to wait too long.
ByTreasury
Labour is paying for its lack of a growth plan
Ministers wrongly believed that ending the Tory psychodrama would be enough to boost the economy.
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Why Labour should learn to love VAT
The tax is more progressive than its reputation suggests.
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Rachel Reeves’ Spending Review headache
When do “efficiency savings” become cuts?
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Britain’s lord of the purse strings
In our new age of fiscal stringency, Gareth Davies will be the man marking the government's homework.
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Liz Truss is right about the Deep State
Among the ridiculous complaints, excuses and conspiracies, the ex-prime minister makes one important point.
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What’s the point of Liz Truss?
In Ten Years to Save the West, Truss has lessons for the Conservative Party. They’re just not the ones she…
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How Labour can free itself from the tyranny of the bond market
The party could save up to £130bn by abandoning the Bank of England’s reckless quantitative tightening.
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Dropping train wi-fi is symbolic of our miserable, pinched country
Why would a Tory Treasury encourage passengers by making services better, when it could save money instead?
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Government contract termination forces private owner to liquidate company… for third time
The outsourced contract for the Treasury’s public enquiries system has been cancelled after just six months.
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HS2 is a symptom of our terminal decline
Jeremy Hunt may claim Britain has a bright, innovative future, but his Treasury cares only about getting things on the…
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Over-50s won’t be bribed back to work with tax breaks
And what about young people facing declining living standards?
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The next financial crisis is brewing in the UK’s corporate debt market
Lax banking regulation has cast a long shadow across the Square Mile.
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How the Treasury quietly runs Britain
A new history of the department shows that, as Liz Truss discovered to her cost, its “abacus economics” has never…
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The sacking of Tom Scholar sets a dangerous precedent
If officials become unwilling to confront ministers with inconvenient truths, worse decisions will be made.
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The left should lead the case for higher defence spending
Faced with fascism in the 1930s, Labour developed a distinct, progressive agenda on defence. It must do the same against…
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How much longer can the government kick the TfL funding can down the road?
Another short-term, last-minute deal will do little to resolve London's key transport issues.
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Labour must stop talking about economic growth
Rather than echoing the Tory promise of kickstarting growth, Labour needs to articulate a new politics of redistribution, focused on…
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“It was as easy as clicking a button”: how the government handed billions to fraudsters
The Bounce Back Loan Scheme was supposed to help small businesses stay afloat during Covid-19, but its rules meant fraud…
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Could the furlough scheme be reintroduced?
The cost of bringing back the furlough scheme would be lower than failing to do so, say economists and business…
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