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The Latest Breaking News from Larry Elliott

Thursday briefing: What to expect from Jeremy Hunt’s autumn statement today

In today’s newsletter: The new chancellor is primed to announce a package of cuts and tax rises to confront inflation – here’s what you need to know

The Guardian - UK

Thursday briefing: Mark Zuckerberg’s Meta cuts 11,000 jobs – is the Facebook founder’s empire falling?

In today’s newsletter: The social media titan is having its first major wave of layoffs since it began in 2004 – and it’s not the only tech company facing problems.

The Guardian - UK

The black hole in Britain’s public finances is a myth

Letters: The strictures of neoliberalism must be thrust aside and public money used for the public good, says Mary Mellor. Plus letters from Colin Hines, Kevin Donovan and Patricia Borlenghi

The Guardian - UK

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The UK economy is about to be thrown into a black hole – by its own government

It fits the definition of madness to propose more austerity. But that, along with higher interest rates, is what’s coming, says Guardian economics editor Larry Elliott

The Guardian - UK

We think of Britain as a world-beating economy. We would be better off thinking about Taiwan

Instead of living with this delusion, leaders should examine emerging market economies and try to emulate their success, says Guardian economics editor Larry Elliott

The Guardian - UK

Mini-budget caused ‘full-scale liquidation event’ for pension funds; UK inflation hits 10.1% – as it happened

CPI inflation has jumped to 10.1%, highest in 40 years, as Bank of England reveals funds were ‘shouting on the phone to us’ in days after mini-budget

The Guardian - UK

When Trussonomics arrives, the big winner may well turn out to be Labour

The PM’s assault on economic orthodoxy is a leap in the dark with every prospect of backfiring spectacularly, says Guardian economics editor Larry Elliott

The Guardian - UK

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Liz Truss is turbocharging bankers’ bonuses. What a gift for Labour

Champagne will be uncorked in Canary Wharf – and along with it, a clear them-and-us narrative, says Larry Elliott, the Guardian’s economics editor

The Guardian - UK

The crises of the past two years have killed the idea that markets will fix everything

Government intervention, crucial during Covid, is just as vital now, as energy prices soar and living standards plummet, says Guardian economics editor Larry Elliott

The Guardian - UK

The difference between the Tory candidates’ tax plans? One is bad, the other is really bad

Neither has the first idea of what they’re doing. Truss’s proposal does little for those who need it, and Sunak’s is a desperate U-turn, says Larry Elliott, the Guardian’s economics editor

The Guardian - UK

With tax cuts pledges galore, the Tories are out of touch with economic reality

Labour would never be allowed to get away with the fantastical rhetoric of these Conservative leadership contenders, says Guardian economics editor Larry Elliott

The Guardian - UK

Without a proper plan, stagflation will be the least of Britain’s problems

Rising prices and recession mean the last thing the government should do is muddle through and leave everything to the market, writes economics editor Larry Elliott

The Guardian - UK

Russia is winning the economic war - and Putin is no closer to withdrawing troops

The perverse effects of sanctions means rising fuel and food costs for the rest of the world – and fears are growing of a humanitarian catastrophe, says Larry Elliott, the Guardian’s economics editor

The Guardian - UK

Labour faces an open goal in this week’s local elections. It mustn’t miss

At the moment, you might ask how Keir Starmer’s party could possibly fail. Yet things may not be quite so simple, says the Guardian’s economics editor, Larry Elliott

The Guardian - UK

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The Guardian - UK

Globalisation is not working – in an age of insecurity, we need more local solutions

From the supply-chain crisis to Covid vaccines, the past couple of years have brought home the benefits of self-sufficiency, says the Guardian’s economics editor, Larry Elliott

The Guardian - UK

Why are oligarchs so necessary in Britain? Because we love living beyond our means

Cash from overseas is used to balance the UK’s massive trade deficit. The problem is not just them, it’s also us, says Guardian economics editor Larry Elliott

The Guardian - UK

Unions don’t call the shots any more – but we’d all be better off if they did

Britain is not ‘going back to the 1970s’. Organised labour is far too cowed for that, says Larry Elliott, the Guardian’s economics editor

The Guardian - UK

The post-Brexit economic crisis never materialised – Labour is right to move on

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