It’s been a week of unexpectedly bad news for the UK economy. Inflation was higher than expected 3.6% and core inflation 4.3%. Unemployment was also higher than expected, and that is after last weeks economic growth was lower than predicted – a 2nd month of negative growth. It is only a matter of time before …
US Treasury Secretary Scott Bessent recently criticised China for having the most unbalanced economy in the history of the world. Omniously, he said, “China cannot be allowed to export their way back to prosperity.” The US is doing their best to upend the global trading system and make it difficult for China. In 2025 US …
It’s hard to believe but there was a time in recent memory when the average worker could buy an average house for four times their salary. The post-war period was a golden era for home ownership. Home building rates were high and the average worker could buy an average house with a standard mortgage. Home …
The story of the past 2000 years, is the inexorable rise of the human population. Yet as fertility rates drop faster than forecast, this remarkable story is set to go into an unchartered reverse. Population Collapse – What Happens when the Population Shrinks?Watch this video on YouTube In the twentieth century, Italy’s population roughly doubled …
Since the start of the year, the dollar has fallen 11%. And this fall in the dollar has occurred despite the US having significantly higher short-term rates which should in theory, be boosting the dollar value. Investors are worried about US instability, higher tariffs, the threat of inflation, lower growth and now a rapid rise …
Winter in Britain can be pretty bleak and grey; no wonder many want to leave. But British ingenuity has designed this all-year round strawberry growing facility. Artificial light powered by renewable energy and this impressive mechanism ensures the plants get optimal access to light. No more expensive imports, no need for pesticides or even backbreaking …
After a bankbench rebellion, the chancellor Rachel Reeves was visibly upset in parliament this week, perhaps she had just been given the latest UK economic forecasts. When the OBR published this forecast for UK debt, one commentator said it was misleading and alarmist, because it assumes policy never changes. But, the evidence from recent years …
Recently, Donald Trump told the chair of the Federal Reserve that the US should be cutting interest rates like other countries. And it is true the UK and US have been slow to cut interest rates. They are now double the level in Europe and Canada. Although Rachel Reeves is unlikely to be sending notes …