The Latest Breaking News from Larry Elliott

Labour can raise £50bn from the wealthy to pay for public services without introducing a new one-off wealth tax, says the Guardian’s economics editor, Larry Elliott

Britain has endured its fair share of doomed prestige projects, said Larry Elliott in The Guardian, but “as white elephants go, HS2 is in a class of its own”. Since the high-speed rail link got the formal parliamentary go-ahead in 2012, it has become a byword for bureaucratic incompetence and…

Come the general election, the worst of Britain’s pain may be over, so Starmer’s slow and steady approach is the right one, says Guardian economics editor Larry Elliott

Member of Jeremy Hunt’s economic advisory council says BoE must create “uncertainty and frailty”, after UK headline inflation was unchanged at 8.7% in May

A summit in Paris this month offers a way to tackle this disastrous failure, but only if western leaders bother to turn up, says the Guardian’s economics editor, Larry Elliott

Letters: Readers respond to Larry Elliott’s article about the growing policy consensus between the two main parties

Cross-party consensus was once called Butskellism. What do we call it when even Rachel Reeves and Jeremy Hunt agree? says Guardian economics editor Larry Elliott

The Tories have failed to pursue the obvious answers to this crisis, punishing ill people and NHS strikers instead, says Guardian economics editor Larry Elliott

The UK’s economy shrank by 0.3% in March, with the first quarter of 2023 seeing “sluggish growth” of 0.1%, placing the UK once again towards the bottom of the league table of developed economies.