Boris Johnson warns of ‘wage-price spiral’ if workers demand higher pay | Boris Johnson

Boris Johnson has raised the spectre of a 1970s-style “wage-price spiral” that could force the Bank of England to push up interest rates dramatically if workers demand to be compensated for rocketing prices. Instead the prime minister promised a return to lowering taxes, cutting government spending and slashing regulation, after a renewed push by backbench … Read more

Queen’s ‘seabed rights’ swell to value of £5bn after auction of plots | The Queen

The value of rights owned by the Queen’s property company to exploit the seabed around Britain’s coastline has swelled to £5bn after a record-breaking auction of plots for offshore windfarms. Profits for the crown estate, which generates money for the Treasury and the royal family, jumped by £43.4m to £312.7m in the year to the … Read more

I help rich people tackle inequality. Here’s how the cost-of-living crisis could be fixed | Stephanie Brobbey

I spent nearly a decade advising the UK’s wealthiest families on how to preserve their wealth. As we witness extraordinary hikes in the cost of living, we need to talk about the elephant in the room: wealth inequality. The UK is the fifth largest economy in the world. Yet, Britain is the second most unsustainable … Read more

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