Britain’s surging inflation could slow if new Prime Minister Liz Truss helps households and businesses cope with rocketing energy costs, but it is too soon to say what that will mean for interest rates, the BoE’s chief economist said. The central bank has sped up its pace of increases in borrowing costs in a bid to limit the damage to
The British government on Wednesday said it would cap wholesale electricity and gas costs for businesses at less than half the market rate from next month, helping relieve the pressure of soaring energy costs but adding to the government’s fast-rising spending.
One accusation levelled at the government is that after 12 years of Tory rule, Britain is broken. Inflation is soaring, growth is stagnant, and the NHS is on its knees. Of course, it should come as little surprise that we are experiencing massive disruption. After a global pandemic and two years of on-off lockdowns, we are not alone in
Usually, the market in political commentary overshoots. Every other week for Tony Blair was his “worst week ever”, as Alastair Campbell used to say. Gordon Brown was written off and then managed to claw back enough ground to deny the Conservatives a majority. Theresa May could do no wrong, and then she could do no right, but
A social network, privately run by a billionaire free-speech advocate, on a shoestring budget, hosting politicians with millions of followers, and with very loose content rules.
The Democratic National Committee is expected to make some big decisions in the next few days about the presidential nomination calendar. It seems likely that the party will seek to demote Iowa
In the patient safety module I teach my Year 2 medical students I spend a lot of time on whistleblowing and speaking up. I explain why its important. The need medicine has as a profession to learn from mistakes
Lebanon’s political watchers know that the failure of Lebanese legislators to choose a president after eight rounds is nothing unusual. Michel Aoun, who stepped down at the end of October, was chosen president in 2016 after 45 rounds and that it took two years to do so. The election of the president becomes crucial because the