Supreme Court Tariffs Hearing and Fiscal Risks

Who was Rachel Reeves really speaking to when she hinted at higher taxes this week? How much of a threat is the Supreme Court to Treasury tariff revenues? And how useful is “G2” as a lens for the new global order? Group Chief Economist Neil Shearing unpacks these big global macro questions in the latest episode of The Weekly Briefing from Capital Economics. Also on the show, Chief Markets Economist John Higgins assesses whether this week’s sell-off marks the end of the great AI-driven US equity boom, or was just a wobble on the way to new highs.

Analysis and events referenced in this episode

Read: UK Autumn Budget 2025 Preview
Read: How could the Budget influence UK housing?
Drop-In: India at the geo-economic crossroads
Drop-In: Commercial Property Outlook - What to watch out for in 2026
Read: Reliance on tech is a double-edged sword
Read: What to make of the mixed reaction to this week’s big-tech results