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Home / Tag Archives: David Smith’s other articles

Tag Archives: David Smith’s other articles

Sunak’s budget judgment was right – but the economy still needs fixing

Sunak's budget judgment was right - but the economy still needs fixing Posted by David Smith at 09:00 AMCategory: David Smith's other articles My regular column is available to subscribers on www.thetimes.co.uk This is an excerpt. Budgets are a bit like Christmas, a huge amount of anticipation followed by the event itself, which can be a bit of a let-down, particularly if you know beforehand most of what you are going to get. Christmas, of course, is not all about presents. Four days...

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Sunak must support the economy now and make us pay for it later

Sunak must support the economy now and make us pay for it later Posted by David Smith at 09:00 AMCategory: David Smith's other articles My regular column is available to subscribers on www.thetimes.co.uk This is an excerpt. It is worth remembering, as we await Wednesday’s budget, that it was not supposed to be like this. A few months ago, Rishi Sunak, basking in the warm glow of his Eat Out to Help Out scheme in August, was looking forward to presenting his second budget in November....

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Sunak shouldn’t even think of doing a Geoffrey Howe

Sunak shouldn't even think of doing a Geoffrey Howe Posted by David Smith at 09:00 AMCategory: David Smith's other articles My regular column is available to subscribers on www.thetimes.co.uk This is an excerpt. This is a time for momentous anniversaries. It is ancient history now, particularly for younger readers, but a few days ago we market the 50th anniversary of decimalisation. It is surprising, unless I have missed it, that we have not had a campaign to bring back pounds,...

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Not Project Fear – but Brexit reality for firms and the economy

Not Project Fear - but Brexit reality for firms and the economy Posted by David Smith at 09:00 AMCategory: David Smith's other articles My regular column is available to subscribers on www.thetimes.co.uk This is an excerpt. It takes something to break through the blanket coverage of the pandemic, on which the news is not as encouraging as it might be. I don’t think, a year ago, that many people would have been anticipating the introduction this month of the harshest travel restrictions...

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Negative rates? No, the Bank should be starting to think of when to raise

Negative rates? No, the Bank should be starting to think of when to raise Posted by David Smith at 09:00 AMCategory: David Smith's other articles My regular column is available to subscribers on www.thetimes.co.uk This is an excerpt. Many is the Thursday lunchtime I have waited with bated breath for the Bank of England’s interest rate announcement, and many is the time when it has been much ado about nothing. So it seemed last week, when the eight men and one woman on the Bank’s...

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Can this stuttering recovery still pick up the pace?

Can this stuttering recovery still pick up the pace? Posted by David Smith at 09:00 AMCategory: David Smith's other articles My regular column is available to subscribers on www.thetimes.co.uk This is an excerpt. The International Monetary Fund’s January world economic outlook is always interesting. It normally coincides with the annual Davos jamboree in the Swiss mountains. This year, like many things, Davos took place virtually. But, having not been invited to attend the real thing...

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Tax rises aren’t easy, so Sunak will have to proceed with stealth and reform

Tax rises aren't easy, so Sunak will have to proceed with stealth and reform Posted by David Smith at 09:00 AMCategory: David Smith's other articles My regular column is available to subscribers on www.thetimes.co.uk This is an excerpt. There are some traditions that, even in a pandemic, are being maintained. When March budgets were the norm, it was traditional at this time of year for tax ideas to be run up the flagpole to see whether they would fly. While gardeners can measure the...

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In a post-Covid world, the UK can’t be a tech also-ran

In a post-Covid world, the UK can't be a tech also-ran Posted by David Smith at 09:00 AMCategory: David Smith's other articles My regular column is available to subscribers on www.thetimes.co.uk This is an excerpt. It has always struck me as hugely impressive that even as the Second World War was raging, serious thought was being given to the post-war economy. The Beveridge report, which provided the foundations of the modern welfare state, was published in 1942. The Bretton Woods...

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With every lockdown we lose some more of our economy

With every lockdown we lose some more of our economy Posted by David Smith at 09:00 AMCategory: David Smith's other articles My regular column is available to subscribers on www.thetimes.co.uk This is an excerpt. Normally at this time of year not much happens and, during the period of limbo when most of the data refers to last year, it is sensible not to draw too many conclusions about what is going on. This year, however, not much is happening for a different reason. Lockdown 3 has...

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Five reasons to be cheerful – and two to worry about

Five reasons to be cheerful - and two to worry about Posted by David Smith at 09:00 AMCategory: David Smith's other articles My regular column is available to subscribers on www.thetimes.co.uk This is an excerpt. Rarely, as we start a new year, has the gap between hope and reality been so wide. The reality, as far as the economy and business in concerned, is the prospect of weeks, maybe many months, of lockdown or near-lockdown restrictions. It makes it, by my reckoning, the worst...

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