Half of small businesses face no growth as costs spiral

Half of small businesses do not expect to grow over the coming year as confidence plunges and insolvencies spiral, lobbyists have warned. Spiralling costs are eroding margins…

How to place winning bets for your business in these uncertain times

Q: With the Government warning of “significant economic uncertainty” what can small firms, like my own, do to make sure they are prepared for the unexpected? Indeed,…

Rishi Sunak is down but not out – if only the same could be said for Britain

This may all prove unduly downbeat, but it is nevertheless at this stage quite hard to see why things should turn out much better. Growth heals all…

Nicola Sturgeon has lost support of Scottish business with social and Covid crusades, says ex-adviser

‘We want whistleblowers [to report breaches] if they believe that there are things happening at the Fringe that are unfair on any front,” says Benny Higgins, chair…

Britain is ‘teetering on the brink of recession’ as growth slows

Robert Wood at Bank of America estimates there is a 35pc chance the UK will slip into recession, based on deteriorating consumer confidence. Inflation hit 7pc in…

The Bank of England is running out of time to undo its terrible mistakes and avoid recession

He’s not exactly a household name. If the average Briton has heard of Andrew Bailey, it’s probably only because he’s the guy who told them not to…

Rishi Sunak must tell the Bank of England to start doing its job

As Margaret Thatcher, the last Prime Minister who had to tackle an inflationary crisis, once memorably put it: “Inflation is the biggest destroyer of all, of industry,…

The secret to making money in an age of high inflation

But what if? What if the conventional wisdom is wrong on both fronts? First, the outlook for shares may be rather more resilient than it seems right…

Rishi’s recovery proves skin-deep as Britain braces for recession

Overall he expects the economy to shrink by 0.2pc or 0.3pc in the second quarter of the year, marking the first contraction since the lockdown at the…

There are plenty of reasons to back the non-dom system

First, the tax break attracts wealth. The non-doms bring money into the country that otherwise would not be here. They have a wide range of places where…

End of Covid spending spree unmasks a bleak reality for Britain’s finances

Paul Dales at Capital Economics says the decline was “encouraging” as it showed households were willing to whittle down their savings to “carry on spending”. He adds:…

The worrying signs that Britain is heading for recession

What is more, household savings remain buoyant by past standards, giving plenty of headroom to keep spending even as real incomes get squeezed by rising inflation. Around…

Will the Conservatives be blamed for Britain’s coming immiseration?

The question now is who gets the blame. Britain is about to become much poorer. Almost all of us will find that we can no longer afford…

Spiralling prices risk sparking riots across Britain, warns French bank

The cost of living crisis risks sparking a wave of rioting in Britain because its economy is one of the most fragile in Europe, a French investment…

Taxes or borrowing may have to rise again unless ministers use Brexit to turbocharge growth, CBI chief warns

“We’ve got public transportation systems that are nigh on uneconomic. We’ve got catch up education to do. We’ve got health paid for, but not, let’s be honest…

War, inflation, shortages – but Sunak has space to reverse tax hike

But when it comes to borrowing next year and afterwards the picture is going to be a good deal worse. I suspect that the OBR will be…

Triple shock forces the world to rethink globalisation

For energy, at least, countries already have the blueprint to help beef up their resilience: turning to renewables can boost energy security while also cutting carbon emissions….

Putin’s war has forced Sunak to rip up his Spring Statement

Part of the thinking behind Sunak’s fiscal squeeze is that with the economy restored to pre-pandemic health and actually in some danger of overheating, demand could do…

‘Stagflation’ is here – make sure it doesn’t eat into your investments

Even if that is not how the challenge is framed, the reality is that the scale of tightening required to return inflation to target would bring the…

It’s the wrong time to raise interest rates

On Thursday, the Bank’s Monetary Policy Committee (MPC) will hold its March meeting. Policymakers will deliberate the economic impact and risks coming from Putin’s war.  Clouded by…

Cameron calls for low taxes with sanctions set to send household bills soaring

Though Sunak has repeatedly maintained the NI hike must go ahead, mounting pressures could change his mind, notes Chris Sanger at EY: “With the increase in the…

Tories have lost faith in the free market’s dynamism

Price signals suggest the Oxford-Cambridge corridor desperately needs more housing and infrastructure, for example, with demand for lab space outstripping supply. Just this week, reports suggest Michael…

Shop for victory! Now is the time to buy British food

We must face that it’s crunch time for British food shoppers – and not just because of Russia. According to market research specialists Kantar, grocery price inflation…

Delays at UK ports double as Brexit red tape slows customs

Dwell times at UK ports have more than doubled since last spring as global supply chains creak. Shippers spent an average of more than seven days discharging…

The Tories’ trump card could yet be the economy

Perception, it is sometimes said, is nine tenths of reality.  On that yardstick, you’d conclude that things are pretty grim for the UK economy, with incomes squeezed…