The Latest Breaking News from Larry Elliott

Letters: We know pandemics are bad for the economy, but Rishi Sunak’s plan to boost spending ignored medical advice, says Michael Clerx. Also letters from Angelique Fairbrass and Bridget MacDonald

The then chancellor was worried about the impact of lockdown on the economy and society. And who can say he was wrong? says the Guardian’s economics editor, Larry Elliott

The government hopes voters can be persuaded to ignore what has happened to living standards. History suggests otherwise, says Larry Elliott, the Guardian’s economics editor

Letters: Peter Riddle asks if Labour has the necessary vision and courage; plus letters from Nadine Grieve and Adrian Cosker

Labour can raise £50bn from the wealthy to pay for public services without introducing a new one-off wealth tax, says the Guardian’s economics editor, Larry Elliott

Britain has endured its fair share of doomed prestige projects, said Larry Elliott in The Guardian, but “as white elephants go, HS2 is in a class of its own”. Since the high-speed rail link got the formal parliamentary go-ahead in 2012, it has become a byword for bureaucratic incompetence and…

Letters: Alex Ramage, John Dunn and Mark Sullivan respond to Larry Elliott’s call to scrap the high-speed rail project

“If it isn’t hurting it isn’t working.” That was the message from then-chancellor John Major in 1989 during a previous period when interest rate rises were used to tackle high inflation, said Larry Elliott in The Guardian.

The vanity project is scandalously over budget. Finally cancelling it would show the party is serious about public finances, says the Guardian’s economics editor Larry Elliott