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The Latest Breaking News from Jonathan Portes

'Significant damage': How Brexit is still draining the UK economy 10 years later

Ten years after Brexit, data shows that the decision to leave the European Union has made people in Britain up to 8 percent poorer. Experts predict the economic damage is set to continue, and YouGov polling now finds nearly 60 percent of Britons say it was wrong to leave the…

France 24

10 years of Brexit: Which campaign claims have come true?

A decade on from the referendum that led to the UK leaving the European Union, Euronews' fact-checking team looks at the campaign promises that were made on both the Leave and Remain sides to see which ones ended up happening.

Euronews

Britain risks undermining the care workers it depends on

Labour’s immigration plans tear up the promise made to 300,000 people recruited for a sector in crisis

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Mahmood’s migration changes will deliver fraction of claimed savings, data suggests

Exclusive: Analysis of government figures indicates public finances will gain £600m not £10bn if migrants’ access to benefits is reduced

The Guardian - UK

British politics is hooked on flashy fake numbers – and the AI investment debacle proves it

A claim that the UK is attracting billions of pounds in AI investment has been debunked. That’s no surprise when our establishment runs on dubious ‘good news’, says Jonathan Portes, a professor at King’s College London and former senior civil servant

The Guardian - UK

UK migration could be negative this year – how will that hit the economy?

Universities, builders and health trusts are feeling the squeeze, as thinktank says effect of zero net migration could be similar to Brexit

The Guardian - UK

‘It’s about ego’: Matt Goodwin’s journey from far-right expert to firebrand Reform candidate

Anti-immigration activist is contesting poll in borough where he previously researched far-right extremism

The Guardian - UK

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Fact check: How realistic is a bespoke EU-UK customs union?

Brexit is back making headlines in the UK after the Liberal Democrats received support for creating a bespoke customs union. Where does the UK currently stand, and what benefits would such an agreement bring?

Euronews

Mansion wealth tax wouldn’t fill Budget black hole, economists warn Reeves

Former IFS director Paul Johnson says a mansion tax ‘wouldn’t raise anywhere near enough to fill a significant hole’ in the public finances

The Independent UK

What are Nigel Farage’s immigration plans – and do his sums add up?

Reform UK leader’s hardline plans were lauded by rightwing press. But are they coherent and will they save money?

The Guardian - UK

Reshuffle gymnastics prepare Starmer to walk tricky budget tightrope

Economists say new team could help push back against Treasury but PM needs to spell out what he stands for

The Guardian - UK

Reeves accused of ‘punishing families’ with inheritance tax raid – that still ‘won’t fill Labour’s blackhole’

Former government economist Jonathan Portes told The Independent changes to inheritance tax would not raise enough to plug the UK’s multi-billion-pound fiscal shortfall

The Independent UK

Reeves unveils record spending plans but experts warn of tax rises ahead

Chancellor announces £39bn boost for social housing, £29bn for NHS and £11bn for defence – and promises to close all asylum hotels as she takes a swipe at Farage and dismisses Tory warnings of a ‘cruel summer’ of tax rises

The Independent UK

There’s one slight issue with Labour’s immigration plans: they’re completely untethered from reality

The government’s new policy will take us back to an uglier, more dangerous place – and it’s not even supported by the data, says professor of public policy Jonathan Portes

The Guardian - UK

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The Independent UK

How Keir Starmer succeeded on US trade deal where four other prime ministers failed

Successive prime ministers chased the US for a trade deal, with Sir Keir Starmer finally striking lucky

International Business Times

UK Avoids Worst US Tariffs Post-Brexit, But No Celebrations

More than four years after the UK's withdrawal from the European Union became effective, Britain has escaped harsher US tariffs, facing only half of the 20 percent imposed on its EU neighbours.

International Business Times

UK Dreams Of US Trade Deal Before Trump Tariffs

Britain's government is hoping to reach a last-minute post-Brexit trade agreement with Washington to avoid -- or at least mitigate -- more tariffs set to be announced on Wednesday by US President Donald Trump.

The Guardian - UK

It’s ‘Maganomics’: Trump’s brash economic strategy is likely to end in crash or crisis

Large tax cuts for the rich, import tariffs, and the competing interests of Republican nationalists and the techno-right is a dangerous combination, says economist Jonathan Portes

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International Business Times

Flattery And Pragmatism: UK Plan To Stay On Trump's Good Side

With its flattering rhetoric, leniency in responding to US trade threats and alignment with Washington this week at a summit on artificial intelligence, the United Kingdom has signalled a willingness to take President Donald Trump's side over Europe.

The Guardian - UK

‘He’s one of the best’: the economist shaping Rachel Reeves’s growth plans

John Van Reenen believes he can help Labour solve the ‘peculiar British problem’ of chronically weak productivity

The Guardian - UK

The spiralling cost of borrowing spells trouble for Rachel Reeves – but she must hold her nerve

There is no need to panic: the government’s overall fiscal strategy is the right one. Spending cuts would be a mistake, says Jonathan Portes, a professor at King’s College London

The Guardian - UK

Kemi Badenoch says the Tories got it wrong on immigration. She’s right – but not for the reasons she thinks

For 14 years, the Tories presided over a muddle of unrealistic pledges. Labour should try a little honesty instead, says the former civil servant Jonathan Portes

The Guardian - UK

Rachel Reeves’s first budget offers a chance to break out of the doom loop. Here’s how she should do it

It’s a tall order but Labour has a chance to improve people’s lives in both the short and long term, says economics and public policy professor Jonathan Portes

The Guardian - UK

Government urged to help as shipmaker Harland & Wolff prepares to enter administration – as it happened

Steps are now being taken to reduce headcount at Harland & Wolff, as board concludes the company is insolvent

The National (Scotland)

Expert hits out at Julia Hartley-Brewer for 'justifying' far-right violence

AN academic has called out controversial Talk TV host Julia Hartley-Brewer for “justifying” the type of violence that has erupted across England…

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