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      War propels UK inflation in new risk for interest rate hikes

      A new paper by the free-market think tank IEA demands the Treasury to broaden its focus from inflation to total spending in the economy – which would account for both economic growth and inflation.

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Opinion

  • Reeves must ignore political wailing and finally cut spending

    November 26, 2025

    No amount of wishful thinking can change the economic reality. Reeves must make the hard decisions today, writes James Reed.

  • ‘Fiscal rules’ have made Budgets a farce

    November 26, 2025

    Chancellors increasingly make policy not on economic grounds, but to satisfy the letter of their own self-imposed fiscal rules, writes Ayushma Maharjan.

  • Britain can’t grow while we’re spending £700m to save the life of a fish

    November 26, 2025

    With measly growth and energy among the most expensive in the developed world, Britain's got bigger fish to fry than sealife conservation.

  • The Debate: Is pre-Budget speculation helpful?

    November 26, 2025

    We want to write it, you want to read it, but is pre-Budget speculation actually helpful? We put two experts head to head.

  • The UK stands on a precipice – this Budget must show government is on the side of business

    November 25, 2025

    The message from British business could hardly be starker: we need stability, simplicity and long-term thinking – not another round of stop-start policymaking, says Alan Vallance The UK stands on a precipice. After years of sluggish growth and wavering confidence, businesses are clear: small tweaks and short-term gestures from government won’t be enough to turn [...]

  • Why businesses can’t be bothered to engage ahead of the Budget

    November 25, 2025

    After years of policy churn, rising costs and new rules arriving faster than anyone can absorb them, many firms have run out of energy to engage, says Georgiana Bristol There is a strange quiet in the business community this week. Not the calm of confidence, but the hush before something hits. Normally, in the run-up [...]

  • Price caps for pop concerts: is there any market Labour won’t restrict?

    November 25, 2025

    Labour’s plan for a ban on secondary ticket sales is an open door for fraudsters. Yet more proof that only the Conservatives believe in free markets, says Andrew Griffith Anyone would think that growth is roaring back, public spending has been brought firmly under control and small boat crossings to our shores have ceased. Why? [...]

  • Labour’s inheritance tax raid hurts all family businesses, not just rich farmers

    November 25, 2025

    Family businesses like mine are the lifeblood of the economy, but Labour's inheritance tax changes will break them apart, writes Nick Showering.

  • Reeves wants to protect today’s poor by ruining all our tomorrows

    November 25, 2025

    If Reeves really cared about the less well off, she would understand they can only be protected with an affluent society, writes Ewen Stewart.

  • London is getting the wrong new railway

    November 25, 2025

    The Docklands Light Railway (DLR) extension to Thamesmead is the wrong railway, at the wrong price, for all the wrong political reasons, argues James Ford Ooops. Rachel Reeves is about to shoot herself in the foot. Again. I thought about keeping quiet about this imminent act of self-harm. Afterall, not only did Napoleon counsel that [...]

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