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Columns

James Forsyth

Will the lights go off this winter?

Between 1992 and 2002, the UK experienced a period of benign economic growth. Known as the Nice (non-inflationary constant expansion) decade, it feels like a very long time ago. According to the Bank of England’s latest forecast, Britain today faces the opposite: high inflation and a recession. This grim prediction is why the Tory leadership

The death of saving

I was intrigued to learn from Tom Daley – that young man who became famous for jumping off a platform into some water – that homophobia is a ‘legacy of colonialism’. The Ugandan President, Yoweri Museveni, begs to differ. He believes that it is homosexuality which is a legacy of colonialism and had been brought

A strange kind of recession

It’s possible that I owe Joe Biden some sort of an apology, however mealy-mouthed it might be. Last week I mentioned here the weird prevarication from the US government and its supporters over whether or not the US is technically in a recession. It arose from the news that the US had two successive quarters

How ‘kindness’ became big business

In those moments when I most fear that the West is on the skids, I find it helps to make a list of end-time signs, phenomena that indicate decay, like sparks along a piece of faulty wiring. So far my list goes like this: NFTs; babyccinos; liver-flavoured ice-cream for dogs; the fashion for encouraging children

Any other business

How to save money: switch to cash and reprogram your boiler

We’ll find out shortly whether official statistics agree with economists surveyed by Bloomberg who say UK GDP probably shrank by 0.2 per cent in the second quarter. But at an uncomfortable moment when we know things can only get worse, looking backwards doesn’t help and nor does holding out hope for a miraculous ‘emergency budget’