Chris Giles
@ChrisGiles_
Financial Times Economics Commentator; Honorary Professor of Practice, UCL Policy Lab Sign up to my newsletter in the link below
And falling as BoE interest rates come down
If "end stealth subsidies for banks" means stopping the Bank of England paying interest on reserves, then the £50bn figure is nuts. Even Reform UK claimed only £35bn. True figure likely £5-10bn. taxpolicy.org.uk/2024/06/17/ref….
I believe this jacket is from Dobell, a company that produces their tailoring in Turkey. I'll show you some telltale signs of quality and where you can buy a tailored jacket made in Britain. 🧵
My new jacket. Beautiful 🇬🇧🇬🇧
Sorry, not sorry, Don... Exporting countries are not paying for your tariffs They're an import tax paid by the US
Have to say I am more concerned about the bombardment of political messages tailored to pensioners at a sensitive point in their development - and there are many, many more of them
Really interesting thread here @SophyRidgeSky – I do also worry about the bombarding of young people with political messages which will be tailored to them at a sensitive point in their development.
We had the "Edinburgh reforms" of the financial sector in 2022 Now we've had the "Leeds reforms" of the financial sector in 2025 Which UK city will host the 2028 edition?
Heard the one about how UK services exports were booming after Brexit?? Another myth sadly... My column ft.com/content/3e9dcd…
This is the core problem for the left - populism not principle
I worry that the Left has stopped making the argument for a more expansive state funded by most people paying more tax. Instead we're left with the false claim that Other People will always pay.
My latest piece using the @FT archive 👇👇
It turns out that a model based on @FinancialTimes journalism forecasts US inflation better than the Fed on.ft.com/4lp5y4O
It turns out that a model based on @FinancialTimes journalism forecasts US inflation better than the Fed on.ft.com/4lp5y4O
BREAKING: A Trump DOJ investigation has found that this photo does not exist, and if you saw it, no you didn’t
How can central banks deliver difficult messages when politicians say they're "morons"? With difficulty... because people don't like listening to outsiders. Lagarde has more difficulty reaching Italians and Draghi (and vice versa) ft.com/content/208229…
You know the central bank messenger matters when one is called a "complete wanker" live on TV Find out who and why in my newsletter on.ft.com/3Gqi44K Sign up ep.ft.com/newsletters/su…
So, @Claudia_Sahm rule is now at lowest level since mid 2023... Unlike the US president, nothing in the data is screaming "cut rates" (recession probability on this measure when it reaches 0.5)
