Blog

TT Connect speech
It was great to open this year's TT Connect conference with my presentation 'War, AI, Resilience'

Times piece: How will the PM meet his spending commitments? Not through taxes
This piece was first published in The Times on 03rd August 2026.

BBC’s Sunday with Laura Kuenssberg interview
Assuming there is a new Chancellor, I noted that it has been a somewhat disappointing chancellorship. Her two biggest problems were first, the lack of a credible strategy for growth and second her Party seemed unwilling and unaware of some of the trade-offs that need to be made. She inherited a...

LBC Nick Ferrari interview
I highlighted that the focus on devolution is not new. From the Royal (Kilbrandon) Commission in the early 1970s, which examined the Constitution, to the London Finance Commission under Johnson, the case for greater devolution has been made repeatedly. Metro mayors already have devolved powers and...

Telegraph ‘Planet Normal’ podcast interview
Good to join The Telegraph's podcast to discuss the UK's economic environment, the misdiagnosis of Brexit as the source of the UK's challenges and what Andy Burnham might mean for UK economic policy making. Listen below. Planet Normal: Burnham is the wrong answer to the UK’s economic problem |...

BBC Any Questions
It was good to join BBC Any Questions in Sheffield. Among other points, I note that Andy Burnham’s policy shift may ultimately be constrained by economic and fiscal reality, financial markets and even Treasury orthodoxy. He has to reconcile two competing forces: Labour MPs who want even higher...

Queen Mary University of London – Honorary Doctor of Letters
I was honoured to be awarded an Honorary Doctor of Letters by Queen Mary University of London for my work in "economics, finance and policy globally." It is 43 years since I first came to Queen Mary. I was 22, had a lot more hair and arrived to begin a PhD researching the efficiency of financial...

Telegraph op-ed – There are vital lessons Britain must learn from the Iran war
This piece was first published in The Telegraph - 10th April 2026. Britain has been badly exposed by this war. What are the vital lessons that we need to learn? First, we were not prepared, despite clear warning signs. This failure is one of strategic thinking and risk management at the heart of...

BBC Radio 4 ‘World at One’ interview
I joined the BBC World at One to discuss the severity of this economic shock, recession risks, interest rates and stagflation with Simon Jack, Dame DeAnne Julius and Stephen Moore. Events have underscored the importance of energy security. The green agenda must be taken seriously. It goes hand in...

Times Radio interview – Is Britain living beyond its means?
Good to join Times Radio on Sunday, with Peter Conradi, to discuss ‘the question of the week’: ‘Is Britain living beyond its means?’ In short, yes. The deficit and debt are high. We face a major fiscal challenge. We’re not alone, many Western economies are in a similar position, and the UK’s...