Macron loses his touch as the ‘Mozart of finance’ as France’s deficit balloons
Not only is the government overspending, debt levels in Europe’s third-largest economy are now only dwarfed by Greece and Italy...
archiveTax rises
Labour is plotting a devastating economic blow – and its pensions raid is just the start
For a party that is 20 points ahead in the polls. Labour attracts extraordinarily little scrutiny. The general opinion is...
Big State Toryism leaves no room for tax cuts
Governments like to act as if high spending is something they’ve inherited, something that’s happened to them, rather than a...
Britain’s money is running out. Keir Starmer will have one year to fix it
Assume that the opinion polls are right. Suppose that, at some point in 2024, Sir Keir Starmer wins a three-figure...
Britain’s debt timebomb is about to explode – and politicians are too timid to defuse it
Other countries with debt limits have a similar story to tell. Denmark, for instance, has managed to avoid brinkmanship by...
Panicking central banks risk creating another financial meltdown
Yet the growth of money and credit is now turning negative month on month, with year on year growth down...
There are still reasons to be optimistic on Britain’s economy
The second bit of good news concerns the Labour Party. In an interview with this newspaper, the shadow chancellor, Rachel...
Net zero and ageing populations risk higher taxes, warns BNP Paribas
In the UK, government debt is at its highest level of more than 60 years at around 100pc of GDP,...
Wealthy ‘golden visa’ expats oblivious to the inheritance tax threats
David Lesperance, a tax expert who advises wealthy expats, said: “I have spoken to dozens of British expats that moved...
Sunak’s tourist tax hits luxury watch sales at Heathrow and Gatwick
Watches of Switzerland operates shops under its own name as well as branded boutiques for luxury watch makers including Rolex,...
