The Bank of England’s response to Out

The Monetary Policy Committee has to decide whether to seek an economic stimulus

May must now define ‘Brexit means Brexit’

The irony in her list of policy goals is that no item requires leaving the EU

Sterling falls — good or bad for Britain?

Simple rules of thumb for the way currency movements affect the economy do not work

Michael Gove, U.K. justice secretary, left, prepares to speak as Boris Johnson, former mayor of London, listens during a news conference at the Vote Leave headquarters following the results in the European Union (EU) referendum in London, U.K., on Friday, June 24, 2016. Johnson, the bookmakers’ favorite to succeed David Cameron as prime minister after Britain voted to leave the European Union, will have to complete a transition from “court jester” to statesman to step into the role. His first task is to articulate what a Brexit will actually mean. Photographer: Mary Turner/Pool via Bloomberg

The chances of a downturn gain momentum

Advocates of voting Leave had not spent a second thinking what to do after victory

The party at the altitude bar in Milbank Tower, London on the night of the EU referendum.

Brexit means a bumpy road ahead for the UK

The vote for Britain to leave the EU will have grave consequences

Economists united on danger of Brexit

The profession may disagree on the detail of leaving the EU but the consensus is striking

Brace for the aftershocks of Brexit

None of the mitigating forces suggest voting Leave is remotely a risk worth contemplating

SUZHOU, CHINA - DECEMBER 10: (CHINA OUT) A robot delivers meals for customers at a restaurant on December 10, 2015 in Suzhou, China. The restaurant has four robots delivering meals, one robot welcoming and over ten robots performing. (Photo by ChinaFotoPress/ChinaFotoPress via Getty Images)
©China Foto Press/Getty

Bring on the overdue dawn of the robots

Automation should help everyone be better off, as long as there is a fair distribution of the spoils

James Ferguson cartoon depicting Brexit
©James Ferguson

Risible Brexit case based on dubious data

Erecting unnecessary trade barriers would threaten Britain’s relative prosperity

The Bank of England needs to speak up

Only by producing a leave and remain forecast will the bank show it is taking its mandate seriously

New rules will not curb buy-to-let boom

Only a small minority of landlords are affected by the restrictions for those on higher rates

A post-Brexit world cannot be predicted

The Leave campaign casts slurs on the integrity of economists who have little axe to grind

How do Osborne’s sums add up?

Chancellor breaks two out of three budgetary rules

Double your money with pension tax breaks

Welfare for the wealthy has rarely been so generous in the UK — the problem is the tax-free lump sum

Business partners – EU or former empire?

The European single market is best for Britain. Other markets are too far away

What has the EU done for the UK?

The long-running debate over the economic benefits of membership remains unresolved

The world of British workers’ pay growth

Economics would not expect such a striking regularity of median salary increase

China turmoil teaches truths about Brexit

Sensible politicians gamble on big economic transitions only if there is little alternative

No reason to worry about household debt

Speculation brought trouble to banks; mortgage books on the other hand were remarkably secure

Transparency would smooth Carney’s path

Despite his efforts on full disclosure, fear of the unknown still dominates at the BoE


Chris Giles Chris Giles is the Economics Editor of the Financial Times. Before that he was a leader writer.

He reports on international and UK economics and writes a fortnightly column on the UK economy.

E-mail Chris Giles