It measures everything in short, except that which makes life worthwhile

Enough with the GDP — it’s time to measure genuine progress – “Unlike GDP, the Genuine Progress Indicator is designed to measure economic performance from the perspective of ordinary American households, not corporations or Wall Street investors.”[1,2]…

Inflation is back, but Sunak is intent on taking money out of pockets

Analysis: Britain faces universal credit cut, public sector pay freeze and national insurance risePrices are climbing in the shops and consumers face an autumn crunch. Official figures show inflation rose at the fastest rate in a decade in August, as t…

UK economic recovery stalled in July amid worker shortages

GDP grew by only 0.1% despite removal of most Covid controls, with supply chain crisis making impactCoronavirus – latest updatesSee all our coronavirus coverageBritain’s economic recovery from the winter lockdown virtually stalled in July despite the r…