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    Chris Giles

    Economics Commentator

    Chris Giles is the FT’s economics commentator. He writes a fortnightly column and the weekly newsletter, Chris Giles on Central Banks (sign up here). Previously, he was economics editor and served as a leader writer.

    He is an Honorary Professor of Practice at the UCL Policy Lab. Before joining the FT, he worked for the BBC, Ofcom and the Institute for Fiscal Studies. Chris loves numbers.

    Email Chris Giles @ChrisGiles_  on Twitter (link opens in a new browser window)

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    • Friday, 29 September, 2023
      Eurozone inflation
      Eurozone inflation hits 2-year low as US price pressures ease

      Data helps steady bond markets and signals prospect of end to interest rate rises on both sides of Atlantic

      People shop for cheap clothes in Germany
    • Wednesday, 27 September, 2023
      UK public finances
      Beware fiscal rules that are easy answers to complicated problems

      I was wrong to think that taking into account UK public sector assets, as well as debt, would be a silver bullet

      A construction worker closes a gate in hoardings around the HS2 development near Euston station in London
    • Sunday, 24 September, 2023
      Global Economy
      A ‘milestone’ moment: why economists think the global cycle of rate rises is over

      The world economy is showing signs of a slowdown, fuelling investors’ hopes that inflationary pressures are easing

      The ECB’s Christine Lagarde, Jay Powell of the Fed and Bank of England governor Andrew Bailey
    • Friday, 22 September, 2023
      FT News Briefing podcast8 min listen
      Rupert Murdoch steps down

      Bank of England decided to hold interest rates at 5.25% yesterday

    • Thursday, 21 September, 2023
      Labour Party UK
      Labour vows to strengthen UK’s fiscal watchdog

      Shadow chancellor Rachel Reeves says OBR would be given independent powers to produce forecasts

      Shadow chancellor Rachel Reeves
    • Thursday, 21 September, 2023
      UK interest rates
      How long will the Bank of England keep interest rates high?

      Markets are betting on looser monetary policy late next year, but some economists say it could happen sooner

      BoE building with rates graphic
    • Thursday, 21 September, 2023
      UK interest rates
      Bank of England holds interest rates at 5.25%

      Pound falls to six-month low after decision signals possible peak in borrowing costs

      The Bank of England in London, England
    • Wednesday, 20 September, 2023
      UK inflation
      Investors slash bets on UK rate rise after inflation falls to 6.7%

      Economists expected higher oil prices to push up inflation

      Someone holding a shopping basket
    • Tuesday, 19 September, 2023
      Global economic growth
      Central banks must keep rates high until inflation is tamed, says OECD

      Organisation sees no case for monetary easing in rich nations despite economic strains and trading tensions

      Clare Lombardelli
    • Monday, 18 September, 2023
      UK politics
      Liz Truss makes defiant return to political fray

      UK’s shortest-serving PM unbowed in speech despite disastrous legacy and attacks from within own party

      Liz Truss arrives at the Institute for Government to make a speech on Monday
    • Monday, 18 September, 2023
      UK interest rates
      BoE expected to raise interest rates to 5.5%

      Markets and economists anticipate the 15th increase in this cycle by the central bank to be the last

      People sitting outside the Bank of England in London, England
    • Thursday, 14 September, 2023
      UK inflation
      Cutting UK inflation won’t ease Conservative plight

      Rishi Sunak and Jeremy Hunt will soon learn painful lesson that haunts Joe Biden in US

      Rishi Sunak. Whether it is fair or not, today’s politicians will be blamed for destroying the long period of relative price stability
    • Tuesday, 12 September, 2023
      UK economy
      UK government weighs change to ‘triple lock’ to limit pension increase

      Ministers look at a rise in line with earnings excluding bonuses — below the headline 8.5% rate

      Rishi Sunak speaking in the House of Commons
    • Monday, 11 September, 2023
      UK interest rates
      UK interest rates should rise further, says BoE official

      Catherine Mann warns leaving cost of borrowing unchanged risks ‘further inflation persistence’

      Catherine Mann
    • Monday, 11 September, 2023
      News in-depthUK inflation
      BoE braced for bump in the road in fight against inflation

      Latest official data is expected to show price growth picking up again in August

      A montage of images of a wine bottle, chart, fruits and petrol pump
    • Friday, 8 September, 2023
      UK government spending
      UK ministers explore cutting working-age benefits in real terms

      Senior Conservatives say move would create space for tax cuts ahead of election

      Shoppers carrying milk and groceries
    • Thursday, 7 September, 2023
      UK politics
      UK Treasury braced for 8% rise in pensions because of triple lock

      Retirees’ incomes boosted by more than workers’ as state payment exceeds inflation

    • Wednesday, 6 September, 2023
      UK interest rates
      BoE’s Bailey casts doubt on need for further interest rate rises

      Pound falls to three-month low after central bank governor say UK economy is nearing top of cycle

      Andrew Bailey
    • Tuesday, 5 September, 2023
      FT SeriesThe Return of Big Government
      Big government is back. How will we pay for it?

      Countries are spending heavily on defence, welfare and the green transition. With debt levels already high, taxes look certain to rise

    • Monday, 4 September, 2023
      UK schools
      UK’s school buildings failure goes back decades, data shows

      Capital outlay has fallen short for a long time punctuated by occasional bursts of spending

      A taped off section inside Parks Primary School in Leicester
    • Monday, 4 September, 2023
      Global inflation
      Europe grapples with higher inflation than the US

      After-effects of surge in European energy prices have kept inflation higher than in the US

    • Saturday, 2 September, 2023
      UK economy
      How the UK’s radical data revisions shattered its economic narrative

      Changes to Office for National Statistics output estimates leave economists rushing to revise views

    • Friday, 1 September, 2023
      UK financial crisis
      Liz Truss mini-Budget fallout like swimming with crocodiles, says BoE’s top economist

      Huw Pill says dealing with market turmoil sparked by unfunded tax cuts was ‘not a comfortable experience’

      Kwasi Kwarteng unveiling an anti-inflation budget plan at the House of Common
    • Friday, 1 September, 2023
      UK economy
      UK economy bounced back from Covid, ONS revisions reveal

      Statistical agency’s revisions put Britain’s post-pandemic recovery in line with G7 peers

      A mural depicting a NHS nurse in Manchester’s Northern Quarter
    • Thursday, 31 August, 2023
      UK interest rates
      UK interest rates may not rise further, says Bank of England’s top economist

      Huw Pill indicates he will vote to keep rates at 5.25% for longer, pushing back against market expectations

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