We need a new growth gauge

As expected, the US government shutdown came to an end in the customary way: both parties agreed to keep spending other people’s money. But do our leaders know what they are doing? And how much of wha

With the election of a socialist to the position of mayor, New Yorkers are trying to escape one toxic fantasy by plunging headfirst into another. They jump from the caldarium – a muscled-up fantasy of

“All government leaders know what to do. They just don’t know how to get re-elected if they do it.” Jean-Claude Juncker, the former president of the European Commission, said little of note in his pol

“Is Britain having a collective nervous breakdown?” asks Camilla Cavendish in the Financial Times. Almost two-thirds of voters think we are heading in the wrong direction, while our government has “go

Taxes are up – a lot: another £26bn a year by 2029, drawing millions more into higher tax bands. That’s almost as big as the £32bn raised in last autumn’s Budget, with its job-destroying increase on e

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