Will Hutton is in a state of shock. Writing in the Observer he explains why: “I was stunned to read in a recent IMF working paper, with the hardly catchy title Income Inequality and Current Account Imbalances, that the whole – yes the whole – of the deterioration of the British current account deficit between […]
By Matthew BarrettFollow Matthew on Twitter Will Hutton's column in the Observer today must be a collector's item: it's the first time I've seen someone praise the European project so much in months: "A curious thing happened last week. European governments rose to the occasion. The euro, confidently predicted by almost every British analyst and […]