Bank of England Chief Economist Andy Haldane has warned there is a chance that cost pressures faced by British companies lead to high prices that become embedded in pay demands, in an echo of inflationary wage-price spirals of previous decades.
The state is making a huge power grab, and it won’t be giving it up
The pandemic has sanctioned a massive expansion in the state, unlikely to be reversed - big government is back
9 February 2021 • 7:00pm
First it was lockdown, then it was test and trace, then vaccines, and now total isolation from the rest of the world, on pain of 10 years imprisonment for travellers who fail to disclose they’ve been to a country on the Government’s red list.
Like a constantly receding destination, salvation from the wretched virus is seemingly always just beyond the horizon, one last heave away from success.