Phillip Inman
Phillip Inman is an economics editor for The Observer and a economics writer for The Guardian. He has authored several books including 'Managing Your Debt' and 'The Financial Crisis: How Did We Get Here?'. Inman covers various economic topics such as interest rates, economic growth (GDP), inflation, and the Bank of England.
76%
The Daily's Verdict
This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.
Bias
90%
Examples:
- The author has shown bias towards reporting on economic issues and politics with a clear lean towards the Labour party.
Conflicts of Interest
60%
Examples:
- In article 'Jeremy Hunt’s dubious financial planning lacks credibility, says IFS', the author does not disclose any potential conflicts of interest.
Contradictions
85%
Examples:
- In article 'UK inflation falls to 3.4% in February as food price rises slow', the author contradicts themselves by stating that investors are betting on inflation falling further through spring months while also mentioning that prices are still rising and not decreasing.
Deceptions
75%
Examples:
- In article 'UK inflation falls to 3.4% in February as food price rises slow', the author deceives readers by implying that a decrease in the rate of inflation means prices are falling when in fact they are only rising more slowly.
Recent Articles
OSR Warns Against Misleading Tax Claims in UK Election Debate
Broke On: Tuesday, 04 June 2024During the UK's July election debate, Prime Minister Rishi Sunak claimed Labour's tax rises would cost over Σ2,000 per household. However, the Office for Statistics Regulation (OSR) expressed concern about Sunak's lack of transparency in calculating and presenting this figure. The OSR warned that anyone hearing the claim would not know if it referred to a four-year period or not and criticized the use of data from external sources. Labour Party members also criticized Sunak's claim, emphasizing the importance of transparency in political debates. UK Economy Exits Recession with 0.6% GDP Growth in Q1 2024: Services Sector Drives Rebound
Broke On: Friday, 10 May 2024The UK economy exited recession in Q1 2024, growing by 0.6% driven by the services sector's robust expansion (0.7%). Consumer spending and business investment recovered, while production expanded modestly (0.8%). The transport services industry recorded its highest growth since 2020 due to wage growth and consumer confidence improvement. However, inflation remains elevated, interest rates are high, and economic uncertainty may curtail consumer spending ahead of general elections. UK Inflation Falls to 3.4% in February, Below Expectations and Marking the Lowest Annual Rate Since January 2022.
Broke On: Tuesday, 19 March 2024UK inflation fell to 3.4% in February, below expectations and marking the lowest annual rate since January 2022. The largest downward contributions came from food, restaurants and cafes while the largest upward pressure came from housing and fuel. Core CPI also fell to an annual 4.5%, below a consensus estimate of 4.6% and down from 5.1% in January. Jeremy Hunt's Financial Planning Lacks Credibility: IFS Calculates ਲ਼5bn of Cuts from Public Services for Tax Cut Funding
Broke On: Tuesday, 27 February 2024Jeremy Hunt's financial planning lacks credibility and the chancellor should not announce tax cuts in next week's budget if he cannot lay out how he will fund them. The Institute for Fiscal Studies (IFS) calculates that Hunt would need to find £35bn of cuts from already threadbare public services if he plans to use a Whitehall spending freeze to pay for pre-election giveaways. Moody's Downgrades China's Credit Outlook to Negative Amid Rising Debt Concerns
Broke On: Tuesday, 05 December 2023Moody's has revised its credit outlook for China from stable to negative. The downgrade reflects concerns over China's rising debt and potential impact on economic growth. China's long-term rating remains at 'A1'. The move by Moody's has led to a slump in China's blue-chip stocks and an increase in the cost of insuring China's sovereign debt against default.