We need a new growth gauge

If the most prized commodity in the 20th century was oil, in the 21st it is data. It is both our humdrum reality and our anxious obsession. It tracks everything from which online advertisements we are

Speculation has reached fever pitch about the contents of the government’s forthcoming Autumn Budget. This follows the assessment of the highly respected NIESR (National Institute of Economic and Soci

Pick of the week’s correspondence

Issue of the week: trouble in the gilt ...

Sovereign bond yields are ringing some alarm bells about the UK’s economic and fiscal outlook

IN NORMAL TIMES, THE FIRST Friday of the month brings a routine tranche of government data known as the monthly jobs report. The markets react, the politicians preen, and most Americans go about their