UK economy

Modern capitalism and the rise of the bullshit job

Modern capitalism was supposed to deliver productivity gains, efficiency and unimagined wealth for all. Why then are so many of us labouring away at pointless work? Stuart Watkins reports.

Adam Smith and the crony capitalist conspiracy

The concentration of market power in the hands of a few big companies worried Adam Smith. It should worry us too, says Merryn Somerset Webb. But it is fixable.

Executive greed really can be good

Sometimes business leaders deserve their fat pay packets, says Matthew Lynn. Countrywide is a case in point.

Italy’s Morandi Bridge tragedy is a warning

The Genoa bridge disaster holds lessons for the whole EU. Emily Hohler reports.

Don't be too quick to condemn the financial industry

For better or for worse, we need our financial industry, says Merryn Somerset Webb.

Four wheels good, two wheels better

British riders are dominating the Tour de France again. Could the publicity, along with advances in electric bikes, encourage us to swap four wheels for two? Frédéric Guirinec looks at the best ways to invest.

Betting on politics: Question Time's next chair

Matthew Partridge looks at who is most likely to take over presenting duties when David Dimbleby steps down from the current-affairs programme.

Propping up the high street

The government wants to raise taxes to help retailers. Alex Rankine reports.

Chart of the week: Britain’s tax burden

When it comes to taxation, our approach resembles our geography: we are somewhere between Europe and the US, and this chart shows.

What are the odds on the ideal outcome for UK house prices?

Stagnation or a gentle decline in house prices is the best-case scenario for the property market. John Stepek explains why, and looks at whether we’re likely to get it.

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