BRUMMERUK

ALEX BRUMMER: UK must return to growth to scale the debt mountain 

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Forecasting is difficult enough in normal times. Britain faces three great uncertainties in the shape of Covid-19, Brexit and relations with China. The decision to ditch Huawei means that ‘Global Britain’ optimism about deeper trading relations with China potentially is in jeopardy. As the People’s Republic accounts for 19 per cent of global GDP, and … Read more

ALEX BRUMMER: UK fires up the big guns to fight coronavirus chaos

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Under normal circumstances, it might have been an opportunity for a bit of boasting about the ‘Boris Bounce’.  The public finances in February were robust with a small surplus of £0.4billion based upon a sharp uptick in taxes by 3 per cent in response to a recovering economy.  Instead, the economy now finds itself on … Read more