Get ready for the weirdest recession in history

Get ready for the weirdest recession in history

Call it Britain’s non-recessionary recession. Already the current downturn, predicted by the Bank of England to be the longest since records beganis shaping up to be something of a curiosity, with few of the attributes that you would normally associate with a recession. Rising unemployment? Little sign of it so far. Mounting bad debt experience? … Read more

Only now are the true costs of quantitative easing making themselves felt – all £200bn of them

Only now are the true costs of quantitative easing making themselves felt – all £200bn of them

It is a similar picture, though on a much larger scale, at both the US Federal Reserve and the European Central Bank (ECB). Britain is an outrider in recognizing these costs. Eventually, the ECB will be forced to fess up too. Expect a furious row in the German Bundestag when it emerges that the ECB … Read more

Musk shuns EU as Twitter disbands entire Brussels office

Musk shuns EU as Twitter disbands entire Brussels office

The Government will have to pay nearly 21pc more towards the average household energy bill from the start of next year after regulators lifted the energy price cap. The move does not affect household energy bills, which have been limited to an average of £2,500 from the Government’s energy price guarantee. However, the increase in … Read more