Chris Giles

Chris Giles


Economics Editor, FT

176369 followers  •  1554 follow  •    •   https://www.ft.com/comment/columnists/chris-giles

The end of Europe’s energy crisis is in sight - what a negative gas price tells us about economics and capitalism It's good news, folks...my column

Jeremy Hunt’s options for saving £50bn via @FT  with @GeorgeWParker ⁩ Including cool graphic allowing you to play fantasy chancellor, produced by @theboysmithy ⁩ and Keith Fray

Lovely charts and great analysis as ever from @jburnmurdoch  Should be read in conjunction with this corrective on why people aren't working from @DelphineStrauss 

New readers start here. Hopefully this is an understandable account of all these black hole in the public finances stories doing the rounds What is the UK fiscal hole and what has contributed to it?

Bitcoin is a hedge against inflation

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It’s pretty weird that when you have full employment, high inflation and yet still ugly economic performance…. …economic views on both the Trussonomics right and the harder left thought a jolly big boost to demand was the solution THIS IS A SUPPLY PROBLEM, PEOPLE

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In one chart - why the economic forecasts will be horrible in the autumn statement on Thursday check out the downgrade of the latest BoE forecast compared with the OBR one from March

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Timeline full of Kwarteng's and Truss's mostly from the left of the political spectrum - who take a look at this evidence and say, nothing to see here - carry on as normal Even after the past two months...

Hunt given warning of £70bn increase in UK government borrowing via @FT 

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Some maths A 5% public sector wage increase would cost about £7bn more than in the public sector plans The candidates worried this was inflationary It is a fraction of their tax cuts, which they think aren’t inflationary (Excluding Sunak) The maths doesn’t work #itvdebate 

Guess which type of school most fiddled A-level grades when they graded themselves? Hint: the colour in the chart A* edition 1/

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One thing @KwasiKwarteng  said on the radio this morning "No chancellor has trailed their Budget with the OBR before announcing it..." This is false - chancellors always do this so OBR can produce a forecast Ask @George_Osborne  @PhilipHammondUK  @sajidjavid  @RishiSunak 

Update: After today's official statistics on deaths linked to coronavirus, a cautious estimate of all UK deaths up to today 05 May stands at 53,800 A significant upward revision 1/

Welcome to the UK Border Force just detained my 17-yr old daughter at the Gard du Nord because she was travelling on her German passport (she's a dual national) I am furious

We keep having to rewrite the top of the splash because financial markets do not want to touch sterling

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Update: Following the latest hospital figures for the number of people who have died after testing positive for coronavirus, a cautious estimate of the UK excess deaths linked to the outbreak is 50,200 some methodology follows 1/

Today, after shockingly high @ONS  death figures, a cautious estimate of the number of UK people who have died directly or indirectly due to the coronavirus pandemic is 46,000 There have been significant upward revisions today, which I will explain 1/

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