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Rishi Sunak, a devotee of Nigel Lawson, believes in a smaller state, curbing borrowing, lower taxes and combating inflation.  Yet again, he delivered a major fiscal announcement where he did the opposite. Today’s £15 billion spending splurge expanded the role of the state with the advent of one-off financial transfers, could stoke inflation, add to
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Russian President Vladimir Putin delivers a speech during a ceremony honouring the country’s Olympians and Paralympians at the Kremlin in Moscow, Russia April 26, 2022.  Maxim Shemetov | Reuters DAVOS, Switzerland — Russian President Vladimir Putin‘s bargaining position is “not as strong as he pretends” and Europe has leverage against him, according to billionaire investor
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