Tag: Economic crisis

Welcome to Pendle, where lockdown didn’t just harm work – it crushed it. With jobs down 26%, the Telegraph's Melissa Lawford explores how local efforts offer hope, but the pandemic’s scars run deep.

Will Trump ever admit he was wrong to back lockdown in March 2020 – a decision that doomed America to years of crisis and sank his re-election hopes that year? Jeffrey Tucker is hopeful that truth will finally prevail.

Former Prime Minister Liz Truss has written in the Telegraph to counter "ludicrous claims" that pursuing Net Zero will boost the economy and drive growth, calling it "patently not true and wishful thinking".

Britain’s public sector pensions bill is now larger than the size of the U.K. economy after it soared past £2.6 trillion for the first time, official figures show.

Don't be fooled by the 'Britain is growing' fairytales, says David Craig. Any 'growth' is accounted for by the hike in the benefits bill and in civil servants' pay and a heap of other unproductive deficit spending.

Furlough didn’t save millions of jobs – its true costs are only now becoming clear, says Fraser Nelson. "The £70bn scheme led to a welfare crisis, not a jobs recovery."

An all-pervasive 'just be kind' mindset in every walk of life is turning the economy to mush, says Sam Ashworth-Hayes. And it's being driven by out-of-control HR.

Labour has slashed its original £28bn green borrowing plan by 80%, blaming Liz Truss (no, really), and unveiled a new tax raid on oil and gas giants to bankroll the Net Zero drive.

Lockdowns were the worst way to respond to the virus, says business owner Alastair MacMillan, who shares his experience of what seemed to work (vitamin D, air cleaners) and what didn't (masks and vaccines).

The Net Zero green energy illusion is dying as reality catches up with it, says Francis Menton. But the economies of the U.K. and Germany are dying as well as Net Zero takes them down with it.