Joe Biden and Boris Johnson will hold their first in-person bilateral meeting in Cornwall today, under the cloud of this morning’s Times front page story. The Times reports that the US president ordered his diplomats in London to issue Johnson with a diplomatic rebuke for “inflaming” tensions in Northern Ireland, following the ongoing stand-off between the UK and EU over the
The Bank of England’s chief economist Andy Haldane has warned that the UK economy is facing “the most dangerous moment for monetary policy” since 1992. In an article in this week’s issue of the New Statesman, Haldane explains why the bank must intervene early to ward off the threats posed by “the tiger” of inflation. “Policy is about balancing risks and these have shifted
Who are children’s books written for? They should entertain children, of course, but the best books are enjoyable for adults to read too, because we’ll be the ones reading them, day in and day out, until we can recite the whole library by heart. The best books – the ones that parents and children bond over – are unexpected: they might have a rollicking rhyme, they might be
There was much excitement last weekend when it was announced that the G7 finance ministers had reached an agreement over a minimum global corporate tax rate. Until very recently, reform of this type looked out of reach but the Biden administration – in need of revenue – presented a grand bargain to the rest of the G7. In short, the US said “we will consent to you taxing some
As world leaders gather in Cornwall for this year’s G7 summit, a row over the UK government’s cuts to foreign aid risks upending hopes for a smooth diplomatic debut for “Global Britain”. As our US editor Emily Tamkin exclusively revealed earlier this week, American legislators have called on US President Joe Biden to condemn the planned cut from 0.7 per cent of the UK’s gross