In future, the economy may run into inflation bottlenecks earlier in economic recoveries than before, thus constraining growth.
The pandemic has destroyed the idea that macroeconomic problems can be solved by throwing more stimulus at things.
The fourth part of a ConHome series this week on Levelling Up as the Government’s White Paper nears publication.
These are two major dangers to indefinite restrictions. One relates to immunity, and the other is around how long people can cope with them.
The international community must set out consequences for Beijing’s flagrant breaches of international treaties.
Plus: The North London polenta-eating intelligentsia can’t cope with a North East accent. And: A secret wedding is possible.
I felt a rush of mixed emotions, including disbelief. But then came the realisation that Creecy’s announcement was a significant shift in thinking.
Due to internal tensions, the Union can lack coherence and focus, often particularly evident in its efforts to implement a collective foreign policy.
The suspension of the vaccine will lead to more problems in areas that are already struggling with their roll outs.
If we impose yet more draconian prison sentences to win a political arms race, the burdens on the taxpayer will become unsustainable.
Macron has been steadfast in his belief that the EU should stand firm on access to UK waters. He may be forced to compromise, however.
The US and UK, along with other countries in Europe, are fighting to ensure that no one is persecuted for their religious beliefs.
Given the EU’s risk levels, its lack of investment in NATO and its poor relations with its neighbours, it is hardly an attractive partner; more of a liability.