Julian Jessop

Julian Jessop (@julianhjessop) is an independent economist, and a fellow at the Institute of Economic Affairs.

The ONS’s inflation measurement change isn’t ‘new’

The way we measure inflation is changing, and there could hardly be a less crucial time for it to do so. The ONS will be updating the method for collecting individual prices from supermarkets, and will also publish new figures on inflation rates for different types of household. The anti-poverty campaigner Jack Monroe has tweeted that the

Ignore the gloomsters, the economy is roaring back

The horror! Yesterday we discovered that UK economic output — as measured by GDP — fell by 1.6 per cent in the first quarter of the year, 0.1 per cent worse than the 1.5 per cent originally reported. This is practically a rounding error. To put it in context, as recently as March the Office for Budget

Rishi’s nightmare: Will inflation crush the recovery?

41 min listen

Could a blip in inflation ruin the UK’s economic recovery? (00:50) Why is support for the IRA becoming normalised? (12:20) What makes a great diarist? (31:15) With The Spectator’s economics correspondent Kate Andrews; economist Julian Jessop; writer Jenny McCartney; politician Mairia Cahill; satirist Craig Brown; and historian, journalist and author Simon Heffer. Presented by Cindy