Responding to the latest public sector borrowing data from the Office for National Statistics, IEA Director General Mark Littlewood said: … Continue reading “Public finances in a “truly dire state” in the long term, says IEA Director General”

Summary This briefing looks at the impact of the pandemic on the UK’s public finances and assesses the scale of … Continue reading “A briefing on the public finances: How deep a hole are we in?”

It is misleading to claim that the UK has maxed out the credit card – but worse to suggest the … Continue reading “New IEA research asks: How deep a hole are we in?”

The Telegraph has revealed that secret “stress tests” by Treasury officials in recent weeks found that a hike in interest … Continue reading “Risk of a rise in interest rates “not an immediate one””

The announcement by Phillip Hammond that there will be no Budget spending sprees is to be welcomed. When interest rates … Continue reading “Low interest rates are not an argument for more government borrowing”

Dr Andrew Lilico, member of the IEA’s Academic Advisory Council, writes for CapX: Paul Krugman once did something or other … Continue reading “Paul Krugman is wrong about the UK and borrowing”

There is no shortage of concern about the UK’s large balance of payments deficit. Many in the government are trying … Continue reading “Forget fancy schemes – government borrowing is holding back UK exporters”

Martin Wolf recently committed the Financial Times to a $71.88 lunch-time interview with Paul Krugman. Whatever the quality of the … Continue reading “The answer is ‘inflation’. What was the question?”

Next week, Conservative MP Sajid Javid will put forward a ‘ten minute rule bill’ to attempt to introduce a legal … Continue reading “Can we cap the debt?”