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The Latest Breaking News from Larry Elliott

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

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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

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

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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

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

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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

The Guardian - UK

Rachel Reeves is hoping deregulation will save the economy. We know how that ends

The chancellor’s emollient speech to City bosses this week was alarming. There are better ways to revive Britain’s fortunes, says Guardian columnist Larry Elliott

The Guardian - UK

Ministers are fretting about Britain’s falling birthrate. Here’s why it could be a good thing

The education secretary speaks of ‘worrying repercussions’ – but as far as wellbeing goes, the UK might be a lot better off, says Guardian columnist Larry Elliott

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The Guardian - UK

Will the new Middle East crisis rock the world economy? The markets say no – but I fear they’re wrong

The oil shocks of the 1970s-90s had brutal economic impacts. As Israel attacks Iran, a moderate rise in oil prices rests on questionable assumptions, says Guardian columnist Larry Elliott

The Guardian - UK

UK tax rises in the autumn are essential – but who will pay?

Next week’s spring statement is buying time, but the writing is on the wall: Britain is broken, and repairs cost money, says Guardian columnist Larry Elliott

The Guardian - UK

Cutting aid for girls’ education isn’t just wrong – it’s economically illiterate

This slash-and-burn approach is indefensible and would have been anathema to previous Labour governments, says Guardian columnist Larry Elliott

The Guardian - UK

Class still matters in politics – and until living standards improve, Reform will continue to prosper

Disgruntled and politically footloose voters are impatient for action. Labour has to offer them a lot more than warm words, says Guardian columnist Larry Elliott

The Guardian - UK

Trump’s an unstable bully – but it’s hard to defend the economic orthodoxies he is attacking

With Rachel Reeves in the US, some clarity is needed: the global economy has been mismanaged and the Federal Reserve does deserve criticism, says Guardian columnist Larry Elliott

The Guardian - UK

I’ve seen many phoney trade wars come and go. This is the real thing

This battle between the US and China goes far beyond market turmoil – it has killed off the liberal dream of a borderless world, says Guardian columnist Larry Elliott

The Guardian - UK

Labour needs an urgent history lesson. Its plans couldn’t fund a war and won’t boost growth

We are seeing a pale version of military Keynesianism, and for what? That money would be better spent fighting the climate crisis, says Guardian columnist Larry Elliott

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