France’s fiscal incontinence

France’s wealthy have a “new nemesis”, says Denis Cosnard in Le Monde. Economist Gabriel Zucman’s proposal for a new wealth tax is dominating public discussion about how the country can close its gapi

The run up to the Budget in November has already been dominated by headlines about a “meltdown” in the bond market and a yawning “£50bn” black hole that will have to be filled by more tax increases. S

French president Emmanuel Macron has named Sébastien Lecornu as the country’s new prime minister. The former defence minister, who is a close ally of the embattled president, will become France’s fift

The apologists for the relentless expansion in the size and cost of Britain’s public-sector debt like to point out that other major developed economies face a similar predicament. Although government

Despite legitimate concerns this does not look like a repeat of the mini-Budget crisis three years ago

The next time Keir Starmer “declares he has ‘full confidence’ in a subordinate, they might quickly seek the advice of a headhunter”, says Martin Ivens in Bloomberg. Both Angela Rayner, his ex-deputy P