Robert Skidelsky

The truth about Kate Garraway and me

Since Victorian times, sandwich-board men proclaiming doom have been part of our urban street life, particularly in London. I’ve felt like a sandwich-board man lately, having warned endlessly in my weekly Telegraph column that Britain is heading for fiscal meltdown. In June 2024, just before Labour took office, I signalled that a government led by Keir Starmer ‘could soon face borrowing difficulties’. Six months later, I cautioned ‘we face a return to 1976 unless Labour changes course’ – recalling that 50 years ago, Britain was forced to declare itself insolvent and go to the International Monetary Fund for a bailout. It brings me no pleasure that many of the outcomes I warned of, to such derision, now dominate the news.