Phillip Inman

London

Economics Editor and Writer at The Guardian

Economics Editor at The Observer

Senior economics writer - The Guardian. Author of Guardian e-book The Financial Crisis - How Did We Get Here

Articles

Ukraine must urgently be given the €300bn of frozen Russian assets | Phillip Inman

6 days ago | theguardian.com | Phillip Inman

Ukraine needs more than long-range missiles and fibre-optic drones in its fight with Russia. What it needs is more money, and lots of it. In particular, the war-torn nation should be handed the €300bn (£250bn) of frozen Russian assets stored mostly in accounts hosted by the Euroclear trading system. The Belgian government could confiscate the funds with the support of the EU Commission, or set up a way to use the Russian funds as collateral for a gigantic loan to Ukraine.
Bank of England governor urges deeper ties with EU to ‘minimise’ Brexit impact

1 week ago | msn.com | Richard Partington |Phillip Inman

Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.
Bank of England governor urges deeper ties with EU to ‘minimise’ Brexit impact

1 week ago | msn.com | Richard Partington |Phillip Inman

Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.
Bank of England governor urges deeper ties with EU to ‘minimise’ Brexit impact

1 week ago | theguardian.com | Richard Partington |Phillip Inman

Andrew Bailey has urged the UK government to deepen ties with the EU, as he warned a breakdown in global trade would make it harder for the Bank of England to control inflation. In a speech in Dublin on Thursday, the Bank’s governor said a stronger relationship between London and Brussels could “minimise negative effects” of Brexit on trade.
Pizza Express and British Airways among firms named for minimum wage failings

1 week ago | theguardian.com | Phillip Inman

Pizza Express, British Airways, and outsourcing firm Capita are among leading businesses named by the government for failing to pay some of their staff the minimum wage. After investigations by HM Revenue and Customs, more than 60,000 low-paid workers have received back pay worth £7.4m after 518 employers failed to meet the legal minimum wage level. German-owned supermarket chain Lidl and Halfords were also on a “name and shame” list of culprits issued by the Department for Business and Trade.
Reeves in standoff with ministers over proposed cuts to public services

1 week ago | theguardian.com | Jessica Elgot |Rajeev Syal |Phillip Inman |Helena Horton

The Treasury is in a standoff with some ministers over proposed cuts to public services including policing and social housing, as the International Monetary Fund suggested the chancellor, Rachel Reeves, could give herself more flexibility to hit her fiscal rules. Senior police figures have raised concerns about the upcoming spending review with ministers, the Guardian understands, with chief officers from some of England and Wales’ biggest forces arguing they cannot take further budget cuts.
Rachel Reeves should refine fiscal rules to avoid emergency spending cuts, IMF says

1 week ago | msn.com | Phillip Inman

Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.
Rachel Reeves should refine fiscal rules to avoid emergency spending cuts, IMF says

1 week ago | msn.com | Phillip Inman

Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.
Rachel Reeves should ease fiscal rules to prevent emergency spending cuts, IMF says

1 week ago | theguardian.com | Phillip Inman

Rachel Reeves should loosen her fiscal rules to prevent the need for emergency spending cuts, the International Monetary Fund (IMF) has said in its annual review of the UK economy, as it upgraded its forecasts for UK growth this year. Adding to the clamour from backbench Labour MPs incensed by the government’s welfare cuts, the Washington-based organisation said the chancellor should examine ways to avoid making short-term savings when there is a downturn in economic forecasts.
workers or bosses?

1 week ago | msn.com | Phillip Inman

Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.