Robert Skidelsky, Author at Catholic Herald

Robert Skidelsky

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‘Silent revolution’ in details of UK budget

March 04, 2021

Rishi Sunak’s second budget was transitional in two ways. It presented a recovery scenario in which unprecedented government support of a Covid-battered economy tails off over the next year. It also represented the start of a revolution in thinking about the state’s role in the economy, so silent than hardly anyone has noticed it. To

Spending Review: Beyond Accountancy

November 26, 2020

‘Til June/July 2020, most experts and policy makers believed in a “V” shaped recovery from the pandemic. The furlough and the business support schemes, started in March, would end in October to coincide with the reopening of the economy. This meant that the UK economy would be much the same -give and take some minor

Eat Out to Help Out is over. Now we must give people work.

September 01, 2020

President Roosevelt said “We have nothing to fear but fear itself”. With these words ringing in his ear, Rishi Sunak should be bold. Am I the only one to have wandered through towns and cities looking helplessly for house numbers that don’t exist and street signs which aren’t there? People out of work could be

Summer Statement: Why Rishi Sunak is skating on thin ice

July 08, 2020

The Chancellor, Rishi Sunak, is skating on incredibly thin ice. He is gambling that his £30 billion spending package will be sufficient to transition the furlough scheme to something like the full-employment economy which existed before the shut-down in March. But the odds against this happening are huge. For one thing, as Labour’s Anneliese Dodds