Must Labour prove economic growth to establish Fiscal Trust, given its past record?
That’s a sharp question. The short answer is: not strictly, but economic growth makes it much easier. Here’s the reasoning: 1. Fiscal trust comes from credibility, not just growth Fiscal trust is about whether households, businesses, and financial markets believe the government will manage the public finances responsibly. A government can build […]
“First Brand Bankrupt” is it the first of Many Corporate Bankruptcies!?
This is a timely and worrying development, what we know so far about the First Brands bankruptcy, what its triggers are, and whether this is likely to be “the first of many” — i.e. a signal of broader stress in corporate credit / private markets. What’s happening with First Brands The headlineFirst Brands […]
Digital ID, is Starmer using this as a diversion?
Here’s a breakdown of what the UK is planning for digital ID, what stage it’s at, and why this is happening now. What is the UK planning The UK government has announced a scheme to introduce a mandatory digital identity system (sometimes referred to in the media as a “digital ID card”) for certain uses, […]