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The Latest Breaking News from Larry Elliott

Councils going bust, schools crumbling, the NHS in crisis: the answer is more tax

Labour can raise £50bn from the wealthy to pay for public services without introducing a new one-off wealth tax, says the Guardian’s economics editor, Larry Elliott

The Guardian - UK

HS2: is this the end of the line?

Britain has endured its fair share of doomed prestige projects, said Larry Elliott in The Guardian, but “as white elephants go, HS2 is in a class of its own”. Since the high-speed rail link got the formal parliamentary go-ahead in 2012, it has become a byword for bureaucratic incompetence and…

The Week

Frustration and failure as HS2 threatens to derail

Letters: Alex Ramage, John Dunn and Mark Sullivan respond to Larry Elliott’s call to scrap the high-speed rail project

The Guardian - UK

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Interest rates: more ‘trauma’ for households

“If it isn’t hurting it isn’t working.” That was the message from then-chancellor John Major in 1989 during a previous period when interest rate rises were used to tackle high inflation, said Larry Elliott in The Guardian.

The Week

HS2 is the white elephant in the room. If the Tories won’t scrap it, Labour must

The vanity project is scandalously over budget. Finally cancelling it would show the party is serious about public finances, says the Guardian’s economics editor Larry Elliott

The Guardian - UK

Farage blames ‘woke capitalism’ for his row with Coutts, but banks aren’t woke. Their obsession is profits

Like many corporations, they make virtuous statements, but for the most part they hide behind a cloak of ethical humbug, says Larry Elliott, the Guardian’s economics editor

The Guardian - UK

Economic gloom looks likely to sink the Tories. But Labour is taking no chances

Come the general election, the worst of Britain’s pain may be over, so Starmer’s slow and steady approach is the right one, says Guardian economics editor Larry Elliott

The Guardian - UK

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Bank of England must ‘create recession’ to fight high inflation, Hunt advisor says, as mortgage rates rise again – as it happened

Member of Jeremy Hunt’s economic advisory council says BoE must create “uncertainty and frailty”, after UK headline inflation was unchanged at 8.7% in May

The Guardian - UK

The west has broken its promises to developing countries – and we’re all paying the price

A summit in Paris this month offers a way to tackle this disastrous failure, but only if western leaders bother to turn up, says the Guardian’s economics editor, Larry Elliott

The Guardian - UK

Labour cannot be Tory-lite at the next election: voters crave a real choice

Letters: Readers respond to Larry Elliott’s article about the growing policy consensus between the two main parties

The Guardian - UK

Brexit, the environment, energy bills … it’s hard to tell Labour and Tory policies apart

Cross-party consensus was once called Butskellism. What do we call it when even Rachel Reeves and Jeremy Hunt agree? says Guardian economics editor Larry Elliott

The Guardian - UK

Record numbers of British workers are sick. No wonder the economy is too. But there is a cure

The Tories have failed to pursue the obvious answers to this crisis, punishing ill people and NHS strikers instead, says Guardian economics editor Larry Elliott

The Guardian - UK

Sticky inflation and sluggish growth: why does UK economy continue to struggle?

The UK’s economy shrank by 0.3% in March, with the first quarter of 2023 seeing “sluggish growth” of 0.1%, placing the UK once again towards the bottom of the league table of developed economies.

The Week

Final UK interest rate rise expected in May; profits driving up inflation, warns ECB; US jobless claims rise – as it happened

Economists predict inflation will prompt Bank of England to lift rates again in May, for last time in current cycle

The Guardian - UK

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The Guardian - UK

This isn’t wage-price inflation, it’s greedflation – and big companies are to blame

British ministers seem keen to avoid what the data tells us, says the Guardian’s economics editor, Larry Elliott

The Guardian - UK

PPT, LVT, IHT – which is fairer than council tax?

Letters: Carol Wilcox, Jeremy Scroxton and Linda Buckingham respond to proposals to replace local government funding arrangements

The Guardian - UK

We need a much more intelligent approach to the rise of AI

Letters: Readers respond to Larry Elliott’s article about the impact of artificial intelligence on the workplace

The Guardian - UK

AI will end the west’s weak productivity and low growth. But who exactly will benefit?

The clock is ticking on the development of policy to meet this huge societal challenge, says Larry Elliott, the Guardian’s economics editor

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The Week

Three years since lockdown began: how Britain changed

The UK’s first national lockdown was introduced on 23 March 2020 in an attempt to reduce the spread of the deadly Covid-19 virus.

The Guardian - UK

British voters are ready for a green, game-changing budget. What they’ll get is more austerity

Labour knows the UK needs a green recovery plan like Joe Biden’s, but the Tories have neither the courage nor will to follow suit, says the Guardian’s economics editor Larry Elliott

The Guardian - UK

The starry-eyed search for a Brexit silver lining

Letters: Neil Kinnock and Simon Price respond to an article by Larry Elliott which argued that a benefit of Brexit is that UK firms will have to invest in machinery to boost productivity

The Guardian - UK

If you want a benefit of Brexit, here it is: British employers must now innovate again

Our economic model relied on a bottomless supply of cheap workers. Firms must now invest to boost productivity, says Larry Elliott, the Guardian’s economics editor

The Guardian - UK

Biden’s clean energy brainwave paves Britain’s way to post-Brexit growth. Dare we copy him?

Where the US leads in using state aid and subsidies, the EU is now following. But the UK will need a change of mindset, says the Guardian’s economics editor, Larry Elliott

The Guardian - UK

Monday briefing: Does the Davos conference really have the answers to the world’s problems?

In today’s newsletter: As the high society conference kicks off in the Swiss Alps, it faces new questions about its influence in a fractured world

The Guardian - UK

Kicking our growth addiction is the way out of the climate crisis. This is how to do it

With the right global economic policies, we could fight poverty and global heating at the same time, says Guardian columnist Larry Elliott

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