Team McDonnell: meet Labour’s economists

Shadow chancellor John McDonnell delivers his speech at the Labour party conference in Brighton
©Charlie Bibby

Opposition continues game of teaming academics with MPs in bid to change narrative

Abolish cash and you invite tyranny

Andy Haldane’s call to get rid of the money in our wallets has an unfortunate echo of Maoist China

Jonathan McHugh illustration
©Jonathan McHugh

A very understated British recovery

UK economy is ticking along nicely, if you don’t mind my saying

Chancellor George Osborne

A refreshingly tough choice for the chancellor

Osborne could be forced to choose higher public spending, lower taxes or a bigger surplus

How to be hard left without being stupid

An economically coherent platform would weaken the property rights that most impede prosperity

James Ferguson illustration

Inequality is unjust, not bad for growth

That redistribution boosts economies is not established by the evidence

Osborne has hit on a better pension plan

Taxing retirement savings in the same way as Isas would be simpler and allow greater freedom

Tsipras has earned his punishment

The Greek people are enduring the consequences of their prime minister’s childish misbehaviour

Osborne’s chance to be a real reformer

So far the UK chancellor has a mixed record and has often succumbed to a worrying urge to tinker

Surplus debate that smacks of irrelevance

Britain has form on putting budgetary rules into law, fudging them and then rewriting them

The low-paid need the taxpayer’s pound

Cutting in-work support will encourage families back on to the dole or into informal sectors

UK can learn from Greece for EU talks

Athens wrongly thought the eurozone could not picture life without it

What the next UK chancellor cannot know

Monetary policy and weak productivity have had more influence than the coalition’s austerity plan

Three easy tests all UK parties flunk

Restoring productivity growth should be at the centre of their election campaigns

British parties’ reckless tax pledges

A purpose of taxation is to bind people into a shared national endeavour

Voters face a choice of cuts or more cuts

The next UK government will need to replace the rollercoaster with a smoother path

How Osborne found slack to cut the cuts

Treasury smoke and mirrors helped chancellor achieve debt target

The dark side of Britain’s jobs miracle

The gains for older workers come not because they are worth it but through the exercise of power

Osborne can pay voters an unexpected bounty

Choices open up for UK chancellor as public borrowing, inflation and oil prices fall

Eurosceptic UK advice falls on deaf ears

On the subject of Greece, Britain could not be much further from being a player in the game


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
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