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The Latest Breaking News from Larry Elliott

The Treasury will check Andy Burnham’s ambitions – unless old orthodoxies are challenged

Fifty years ago, another Healey ran the Treasury. Today’s chancellor may find some things haven’t changed, says Guardian columnist Larry Elliott

The Guardian - UK

Here’s how Andy Burnham can finance a reindustrialised Britain – without doing a Liz Truss

Britain’s PM-in-waiting is right that the country has been failed by 40 years of neoliberalism. There will be obstacles, but he must embrace the radicalism, says Guardian columnist Larry Elliott

The Guardian - UK

I stand by what I said 10 years ago. We were right to leave the European Union

The Brexit vote showed that class still matters in British politics – and the changes needed are ones the EU would never have allowed, writes Larry Elliott

The Guardian - UK

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Young people in Britain are suffering a joblessness epidemic – and, so far, Labour is just making it worse

Youth unemployment is harming the mental health of a generation. A sluggish economy will only make things harder, says Guardian columnist Larry Elliott

The Guardian - UK

Tony Blair is strong on diagnosis, deluded on prescription: Britain’s ills can’t be fixed by him

The former PM’s essay rightly calls for a coherent economic plan, but then sets too much store by AI – and a worldview stuck in the past, says Guardian columnist Larry Elliott

The Guardian - UK

Labour is being destroyed by dithering: it should either do Brexit properly or rejoin the EU

The UK has been suffering since going it alone, but Starmer’s noncommittal approach has made things worse. No wonder voters are angry, says Guardian columnist Larry Elliott

The Guardian - UK

Why is Britain’s economy so stuck? It’s the tension between what voters want and what the bond markets allow

There is no such thing as the Bond Dealers party, but there might as well be – the people who trade in UK debt exert a stranglehold over our politics, says Guardian columnist Larry Elliott

The Guardian - UK

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AI is destroying jobs – and the energy crisis could make that much worse

Every wave of new tech has come with a doomsday scenario. But governments just aren’t planning a human response on the scale required, says Guardian columnist Larry Elliott

The Guardian - UK

Trump’s trade war put the UK on the back foot. His actual war may break us

The government looks ill prepared for the coming stagflation storm – its ‘keep calm and carry on’ approach won’t survive a blast of reality, says Guardian columnist Larry Elliott

The Guardian - UK

Iran could be the US’s Boer war: a hollow victory that marks the beginning of the end of empire

US leaders anticipated a walkover. Now they’re embroiled in a conflict that could hasten the end of US economic dominance, says Guardian columnist Larry Elliott

The Guardian - UK

Labour must take drastic action to regain its standing

Letters: Readers respond to an article by Larry Elliott which argued that all is not lost for the beleaguered party

The Guardian - UK

If Keir Starmer is ousted, Labour could still win the next election. Here’s how that would work

Once a PM is seen as hapless, there is no way back. But Labour has good plans – and with the political landscape fragmented, it could yet prevail, says Guardian columnist Larry Elliott

The Guardian - UK

How can Britain regain its manufacturing power? Start thinking like a developing country

Since the 70s, China has turned around its economy – these are the lessons Starmer must take note of, says Guardian columnist Larry Elliott

The Guardian - UK

The ‘rules-based order’ Davos craves has bigger problems than Trump: it represents a world that no longer exists

The global economic system doesn’t even benefit its US and European creators any more, says Guardian columnist Larry Elliott

The Guardian - UK

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The Guardian - UK

Here’s why Labour is struggling to deliver: the British state is immense, but pull the levers and nothing happens

At home, the machinery of government creaks badly – abroad, a leaden UK lags far behind dynamic competitors. A radical overhaul is needed, says Guardian columnist Larry Elliott

The Guardian - UK

A new year brings new battles for democracy and for Labour

Letters: Readers respond to articles by Andy Beckett and Larry Elliott on British parliamentary democracy and whether Labour can turn the tide

The Guardian - UK

Labour is living in a fool’s paradise if it thinks it has plenty of time to turn Britain around

Going into 2026, the economy has little forward momentum and things may get worse before they get better, says Guardian columnist Larry Elliott

The Guardian - UK

There is a fund to create jobs in the poorest areas, and Labour has quietly gutted it. This is what betrayal looks like

It’s a scandal laid bare. A stark new report highlights the price paid in Britain’s former industrial heartlands for this silent piece of ministerial vandalism, says Guardian columnist Larry Elliott

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The Guardian - UK

This was Rachel Reeves’s ‘live now, pay later’ budget. The big question is: what happens when ‘later’ arrives?

The chancellor can only hope for an upturn in the government’s fortunes before tax increases kick in, says Guardian columnist Larry Elliott

The Guardian - UK

Rachel Reeves is the face of this budget. But the really big decisions are not in Labour’s hands

The UK’s economic policy isn’t decided by politicians, but by the OBR and the Bank of England. This is a system in dire need of a rethink, says Guardian columnist Larry Elliott

The Guardian - UK

The next big financial crisis may be brewing. Warning signs are already there

The longer the period between crises, the greater the complacency. That complacency is pushing share prices ever-higher, says Guardian columnist Larry Elliott

The Guardian - UK

Premium bonds might beat the bond market bullies

Letter: Phil Spence responds to Larry Elliott’s article about budget deficits, which lead to bond markets having a big say in how state finances should be run

The Guardian - UK

Let France be a warning, Rachel Reeves: stand up to the bond market vigilantes, or they’ll come for Britain next

Labour can stick with ‘you can’t buck the markets’ – or challenge the economic orthodoxy that has served narrow class interests for 50 years, says Guardian columnist Larry Elliott

The Guardian - UK

A policy that benefited the richest and cost the UK £100bn: it’s long past time to end the fuel duty freeze

Successive chancellors have steered clear of increasing taxes for motorists for 15 years, but this should be a no-brainer for cash-strapped Rachel Reeves, says Guardian columnist Larry Elliott

The Guardian - UK

This trade deal is the EU’s Suez moment – its subservience to Trump is on show for all to see

Critics have described the one-sided deal as an admission of weakness, and a dark day for Europe. They are absolutely right, says Guardian columnist Larry Elliott

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