The Labour government is realising that the economic structural constraints on British economic policy making are real. Deteriorating global economic circumstances have forced the Treasury to enforce spending cuts to departments in order to remain within the fiscal rules. Bond market shifts, the backlash to taxation plans and the importance

What do likely coming changes in inflation mean for Labour’s electoral hopes? Inflation is coming, but for how long it will last above the 2% Bank of England target and whether Britain will face several inflation spikes is still debatable. If Labour hopes to sell a new World War II