Hamish McRae

Hamish McRae is an economics commentator, and a columnist for the i newspaper.

Britain can grow faster than the OBR thinks

The UK economy may end up growing a bit faster by the end of this decade than the Office for Budget Responsibility expects – but if it does that will be no thanks to Rachel Reeves’s Budget.  The OBR’s projections are unambitious. This is their summary: ‘Having stagnated last year, the economy is expected to grow by

Working people will pay for Reeves’s NI hike

Who would pay for Rachel Reeves’s increase in employers’ National Insurance contributions? Well yes, in the first instance it is the companies that would have to hand over the cash, but the real burden would be much more widely shared. To see why, start with the simple question: what does a company do if it