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Among the key short-term measures to tackle inflation is the energy price guarantee (EPG), which will limit the average household energy bill to GPB2,500 (USD2,700) for the next…
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DOI: 10.1108/OXAN-DB272975
ISSN: 2633-304X
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The political atmosphere between London and Brussels has improved since Truss replaced David Frost as the United Kingdom’s lead Brexit negotiator in December. Yet significant…
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DOI: 10.1108/OXAN-DB266897
ISSN: 2633-304X
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UK policy has become the key example of policy failure. Although that mayhem stems largely from domestic vulnerabilities, the underlying problems -- policymakers’ efforts to…
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DOI: 10.1108/OXAN-DB273459
ISSN: 2633-304X
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A combination of surging inflation, a looming recession, a record-high current account deficit and plans to spend GBP150bn (USD172bn) to cap energy prices is creating emerging…
Despite the short-term improvement in the fiscal position, the budget does not make major changes to macroeconomic policy or reverse planned tax increases. Instead, the government…
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DOI: 10.1108/OXAN-DB278067
ISSN: 2633-304X
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As many as a dozen lockdown parties are now alleged to have been held at Downing Street, significantly damaging Johnson’s support among the public and his Conservative Party. His…
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DOI: 10.1108/OXAN-DB266690
ISSN: 2633-304X
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The party could elect a new leader by early September. Johnson’s successor will take over a deeply divided party with declining public support and pressing questions over what it…
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DOI: 10.1108/OXAN-DB271352
ISSN: 2633-304X
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The vote was triggered by MPs from Johnson’s Conservative Party disillusioned by multiple breaches of COVID-19 regulations in his office and the party’s dwindling support…
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DOI: 10.1108/OXAN-DB270756
ISSN: 2633-304X
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The statement coincides with forecasts from the Office for Budget Responsibility (OBR) and the Bank of England (BoE) which envisage that economic growth will not return to…
However, the departure of former US President Donald Trump -- who was an enthusiastic supporter of Brexit and UK Prime Minister Boris Johnson -- has made this harder to achieve.