Chancellor Kwarteng delivered his “fiscal event” aka mini budget in the House this morning. He has signalled a major change of course, says Victor Hill.
In an incredible turnaround, Russian forces are in retreat in both the south and the east of Ukraine. Russian losses are mounting. There will be much more pain – but we may be near the end of the beginning, says Victor Hill.
At the end of the extraordinary week in which the UK acquired a new prime minister and a new monarch, the new prime minister faces a dismal economic landscape. The markets will be swift to judge her economic policy, says Victor Hill.
Victor Hill quotes Alan Lascelles as we reflect on the end of an era.
It is now clear that the policy of imposing lockdowns to counter the coronavirus pandemic wrought lasting, possibly irreparable damage, says Victor Hill.
Well-run, expanding, no-frills airlines were once a one-way bet, and the major airports they used were guaranteed to make money. What changed? Everything, says Victor Hill.
Millions of people in the UK don’t think working is worth it; others believe that if they are paid a minimum salary, they should offer minimum effort. There is something rotten in the state of the labour market, says Victor Hill.
Is the global population explosion about to go into reverse − and would that really be such a bad thing, asks Victor Hill?
Rampant inflation, a cost-of-living-crisis, an energy crisis and a bitter war make the net- zero carbon target unachievable and more trouble than it’s worth, says Victor Hill.
Things are not going the European Commission’s way. As Germany tightens its belt as a result of its catastrophic energy policies, most EU states will suffer even more, says Victor Hill.
