20 Questions With Paul Johnson

As Director of the Institute for Fiscal Studies, Paul Johnson was one of the most influential figures in British economics. Now Provost of Queen's College, Oxford, (as well as a Times columnist) having stepped down from the IFS this summer after a decade and a half of leading the independent think tank, Johnson offers his verdict on the British economy, what he makes of some of the choices facing Starmer's Labour government (including the possibility of a change to property taxes), his views on some of the decisions they've made so far (including Chancellor Rachel Reeves's raising of employer National Insurance contributions), how much credibility he gives to fears of an IMF bailout, the levels of taxation in the country, the financial policies of Reform UK and the Greens, comparisons between the cost of borrowing under Reevs and Liz Truss, and what he'd do if he were a benign dictator.