Blog
Not the right time to get pumped up about inflation
Panicking about inflation right now could keep wages low and jeopardise our economic recovery

By
Dominic Caddick
18 June 2021

Inflation is Rishi Sunak’s worst nightmare. Economists are typically scared of inflation — where prices rise, making the purchasing power of our money fall. Quickly rising prices can reduce consumption and undermine economic stability. With May’s inflation rate rising just above the Bank of England’s 2% target to 2.1%, is this nightmare becoming a reality?
In America, Joe Biden’s massive

Blog
We don’t need cuts to pay back pandemic debt
This hangover of the austerity mentality is both unnecessary and inaccurate

By
Dominic Caddick
07 June 2021

With the economy reopening, it looks like the UK is slowly emerging from the economic fallout of the pandemic. As the economy recovers, the government is bringing in more money from tax revenues to cover its costs, meaning that government borrowing has fallen compared to the same time last year. This is a prime example of how government borrowing can fall simply through a strong economic recovery — and yet this