UK Employment Stats - Feb 2026
The number of people in the UK without work that want it
Uk
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
The Limits of Taxation
Exploring the role of taxation in the UK’s monetary system, this article examines HMRC’s enforcement powers, and the physical limits of tax collection