About the author

Phil Thornton has written about economics, finance and business for 20 years and spent almost a decade at The Independent as its economic correspondent. Since 2007 he has run Clarity Economics, a consultancy and freelance writing service he set up after going freelance. Clarity Economics (www.clarityeconomics.com) looks at all areas of business and economics including macroeconomics, world trade, financial markets fiscal policy, and tax and regulation.

In 2010 he won the Feature Journalist of the Year award in the WorkWorld Media Awards. In 2007 he won the title of Print Journalist of the Year in the same awards. He lives in London with his wife and three sons.

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