The myth of growth

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

If a foreign power – or aliens – wanted to wreck our economy, why waste time and money on firepower? All they would have to do is cut off our access to funny-money credit. Auto sales would stop. House

“Markets appear to have their mojo back,” says The New York Times Dealbook. Shares on Wall Street wobbled at the end of last week, with even strong results from AI chip champion Nvidia failing to calm

Issue of the week: a Budget for business? ...

THREE YEARS OF EUPHORIA IN STOCKS AND OTHER ASSETS HAVE INVESTORS BRACING FOR TROUBLE. HERE’S WHAT TO DO IF BAD NEWS ARRIVES.

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