UK needs mini-furlough if Omicron hits economy, says IMF Economic body says Britain has dealt well with Covid-19 but new variant poses a new threat
This tax loophole costs $180bn a decade. Why won’t Democrats close it? The sole reason the ‘carried interest’ loophole survives is fierce lobbying by the private equity industry
An interest rate rise in Omicron times? It could just happen Despite new restrictions, some experts say rising inflation and vacancies are good reason for the Bank of England to take a lead this week
So which of these politicians is a neoliberal? Not one of them A new study on the movement suggests that its abiding legacy might be as an insult
South Korea cuts human interaction in push to build ‘untact’ society The government invests heavily to remove human contact from many aspects of life but fears of harmful social consequences persist
Markets think Omicron plan B will delay rise in UK interest rates Fears of economic slowdown mean Bank of England less likely to intervene to dampen inflation
UK urged to tax £3tn windfall from 20 years of soaring house prices Thinktank says capital gains tax should be applied so poorer households are spared from paying more in tax
Forget levelling up: Rishi Sunak is deliberately increasing tax injustice Sunak’s reversal of plans to raise capital gains tax won’t please voters, says Guardian columnist Polly Toynbee
Bank deputy expects UK inflation ‘comfortably’ to exceed 5% by spring BoE monetary policy chief Ben Broadbent says pressures will include rise in energy price cap
CBI revises next year’s economic growth forecast down to 5.1% Accountant KPMG is even gloomier, predicting 2.6% growth if social distancing rules are imposed
Is action man Gove up for a daring investment adventure? The head of ‘levelling up’ should be on a mission to direct funds to struggling areas – but No 11 is a strong adversary
Look at Omicron data before any interest rate rise, says Bank policymaker MPC member and rate rise supporter Michael Saunders says more time is needed to study effects of new Covid variant
UK government failed to prevent Covid loan fraud, says watchdog Inadequate checks enabled fraudsters to steal billions from bounce-back scheme, say auditors
The energy crisis shows precisely why this industry should be in public hands It’s time to recognise that the privatisation experiment has failed, says writer and researcher Christine Berry
It’s smart to give Lisa Nandy the levelling-up brief. But what’s most needed is money Winning back ‘red wall’ seats will take more than pointing out flaws in Johnson’s plans, says Guardian economics editor Larry Elliott