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

Letting banks loose is back on the agenda as UK politicians chase growth at any cost

1 week ago | msn.com | Phillip Inman

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Letting banks loose is back on the agenda as UK politicians chase growth at any cost

1 week ago | theguardian.com | Phillip Inman

As the old ways of turning a profit become more difficult – from assembling cars to selling soap powder – politicians of all stripes want the City to inject some dynamism into the economy. From Labour to Reform, the siren call of London’s financial district is strong. If only, they ask, the wheels of the banking industry could be cranked to spin faster, surely much more money could be generated and we would all be rich.
Dollar slides to three-year low while FTSE 100 hits record high

2 weeks ago | ca.finance.yahoo.com | Phillip Inman |Graeme Wearden

The dollar sank to its lowest level in more than three years on Thursday and the FTSE 100 closed at a record high as Donald Trump’s latest trade threats and the weakening economy appeared to bring forward interest rate cuts by the Federal Reserve. Foreign exchange traders sold the dollar in favour of the yen and the euro, which both climbed by about 1% against the US currency to leave it almost 10% down on its value against a basket of currencies since the beginning of the year.
Dollar slides to three-year low after Trump repeats tariff threats

2 weeks ago | theguardian.com | Phillip Inman

The dollar sank to its lowest in more than three years on Thursday as Donald Trump’s latest trade threats and the weakening economy appeared to bring forward interest rate cuts by the Federal Reserve. Foreign exchange traders sold the dollar in favour of the yen and the euro, which both climbed by about 1% against the US currency to leave it almost 10% down on its value against a basket of currencies since the beginning of the year.
UK economy shrinks by 0.3% as firms hit by tax rises and Trump trade war

2 weeks 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.
UK economy shrinks by 0.3% as firms hit by tax rises and Trump trade war

2 weeks 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.
UK economy shrinks by 0.3% as firms hit by higher taxes and Trump trade war

2 weeks ago | theguardian.com | Phillip Inman

The UK economy contracted in April by 0.3% as businesses cut jobs and cancelled investment plans in response to higher taxes and the uncertainty created by Donald Trump’s tariff war. Figures from the Office for National Statistics showed the economy went into reverse after growing by 0.2% in March and 0.5% in February.
UK builders gear up for post-pandemic boom despite global gloom

2 weeks ago | msn.com | Phillip Inman |Julia Kollewe

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.
Brick by brick: UK builders gear up for post-pandemic boom despite global gloom

2 weeks ago | theguardian.com | Phillip Inman |Julia Kollewe

Plasterboard should be in plentiful supply when Labour’s building boom gets under way later this year, says John Sinfield. His new £170m factory near Bristol will dramatically cut the need for imports of the essential building product, he argues. Sinfield, the UK boss of plasterboard maker Etex, is not alone in the UK construction sector in taking a bet that the industry could soon prove a bright spot despite gloom over the impact of Donald Trump’s tariffs on the global economy.
Britons ‘hoarding cash amid economic uncertainty and fear of outages’

2 weeks ago | msn.com | Phillip Inman

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