The Latest Breaking News from Torsten Bell

Almost all the candidates have promised large tax cuts, but experts say the trade-offs are likely to be too high.

Spirit of consensus has gone as ministers seek a scapegoat for the stagflation affecting the economy

In today’s newsletter: after a Queen’s speech that ignored rising costs, Archie Bland asks economist Torsten Bell what should have been announced

People’s memories are patchy. If school inspectors can’t remember things, why should they expect children to?

Experts were answering questions about the content of the Chancellor’s spring statement.

The chancellor left the poorest households ‘painfully exposed’ in his Spring Statement, the Resolution Foundation has said

Torsten Bell, chief executive of the Resolution Foundation, writes in the Mirror on Chancellor Rishi Sunak's 'badly designed' mini budget policy package with an 'indefensible' lack of support for the poorest households with incredibly difficult times ahead

Today was, in the words of Resolution Foundation’s Torsten Bell, “Cost of living crunch day.” We had Ofgem’s announcement of the energy price cap rise. Expect to come across phrases such as ‘unprecedented’, ‘eye-watering’ and parents across the land beseeching their children to close the front door.

Economists from UK think-tanks appeared in front of the Treasury Committee on Monday and said inflation has been far higher than first assumed.