Labour is determined to show it cares about sound public finances. But to sustain its programme in government, it must show its vision for the future too.

The Bank of England's outlook in its August Monetary Policy Report was one of doom and gloom. It should ensure it is not captured by dated orthodoxy but ultimately government should act on cost of living crisis.

The Bank should signal it will act if higher prices look likely to translate to higher inflation rate.

Responding to Brian Griffiths' article in The Article on the risks of inflation.

My latest economic policy bulletin - plus a call for a bolder stance on Iraq/Syria.

My latest economic policy bulletin.

Growing below trend.