UK Employment Stats - Mar 2026
The number of people in the UK without work that want it
Uk
The Fig Leaf Economy: How Minimum Wage Tiers Mask A Failing Market
The National Minimum Wage has become a rationing mechanism rather than a floor. By clinging to age-based tiers, the UK masks a systemic failure where the private sector no longer rewards experience.
In Reality, UK Borrowing Costs Have Gone Down
A ‘bond crisis’ is upon us, apparently. Break the usual framing and the opposite emerges: borrowing costs have fallen, and the ‘crisis’ is seen for what it is - manufactured panic serving particular interests.
Sophistry or Shibboleth? - "Currency Collapse"
Currency Collapse is Codswallop. Why the Currency Crisis Crew have it backwards, yet again.
The Confidence Issue
Why I think that Starmer is going to be staying exactly where he is for the foreseeable future
Not Only Can We Ignore the Bond Market, We Must
The gilt market is mendicant, not master. Why we must stop our devotion to an empty throne and remove this phantom veto on democracy.
UK Sectoral Balances - Jan 2026
Sectoral Financial Balances for the UK as a % of GDP, smoothed over a year
It's Time to Nuke the Bond Market
Why sovereign democracies must dismantle the mythology of ‘bond vigilantes’ to restore political agency
Rachel Reeves and the Great Fiscal Sleight of Hand
Rachel Reeves’ tax hikes are sold as plugging a ‘black hole’, but the real aim may be freeing up resources for public investment, not balancing a mythical household budget
Misreading the Signs: Why High UK Borrowing Doesn't Mean Financial Crash
Debunking the crash narrative: Why fears over UK borrowing levels misunderstand the fundamentals