Boris Johnson's exit leaves Britain with a towering in-tray

Britain’s economic problems are rapidly piling up after the last few years of drift and chaos. What should we do first?

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The candidates for the Conservative leadership have been spraying around promises of tens of billions in tax cuts. In response, Conservative ex-chancellors and other grandees lined up to give the would-be new PMs a telling-off. Former chancellor Norman Lamont attacked the “Dutch auction” of unaffordable tax cuts. And William Hague said the promises would undermine the party’s “priceless reputation for disciplined economic management” – and were doubly dangerous in a prolonged period of “high inflation, a recession, or both”.

Is the UK facing a recession?

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Simon Wilson’s first career was in book publishing, as an economics editor at Routledge, and as a publisher of non-fiction at Random House, specialising in popular business and management books. While there, he published Customers.com, a bestselling classic of the early days of e-commerce, and The Money or Your Life: Reuniting Work and Joy, an inspirational book that helped inspire its publisher towards a post-corporate, portfolio life.   

Since 2001, he has been a writer for MoneyWeek, a financial copywriter, and a long-time contributing editor at The Week. Simon also works as an actor and corporate trainer; current and past clients include investment banks, the Bank of England, the UK government, several Magic Circle law firms and all of the Big Four accountancy firms. He has a degree in languages (German and Spanish) and social and political sciences from the University of Cambridge.