The Economy

What kind of state does the UK find itself in as we start 2026? That’s the question Tim Harford and the More or Less team is trying to answer in a series of five special programmes. In the first episode, we’re starting the week by asking some interesting questions about the economy: Is the cost-of-living crisis over? The economy is expected to have grown by 1.5% in 2025. Is that a big number? When taxes are at record highs, why does it feel as if everything is such hard work for public services? Do the majority of people in Scotland pay less tax than they would in the rest of the UK? Does the UK have a more progressive tax system than Scandinavian countries? Get in touch if you’ve seen a number in the news you think we should take a look at: [email protected] Contributors: Ruth Curtice, Chief Executive of the Resolution Foundation Helen Miller, Director of Institute for Fiscal Studies Mairi Spowage, Professor and Director of the Fraser of Allander Institute at the University of Strathclyde John Burn-Murdoch, chief data reporter for the Financial Times Credits: Presenter: Tim Harford Quiz contestant: Lizzy McNeill Producers: Nathan Gower, Katie Solleveld and Charlotte McDonald Series producer: Tom Colls Production co-ordinator: Maria Ogundele Sound mix: Sarah Hockley and James Beard Editor: Richard Vadon