War has always had substantial economic costs, but war is becoming increasingly costly for both belligerents and bystanders. This is due to both the monetary costs of fighting and the economic fallout of sanctions. During the cold war, there was a theory that nuclear war would ensure a mutual self-destruction – and this assured mutual …
The claimant count records the number of people receiving unemployment benefits from the government. In the UK, the claimant count currently measures everyone who receives Job Seekers Allowance (JSA). To receive JSA, the applicant must be actively seeking work and provide evidence and commitment of efforts to find work. The claimant count method is one …
We have never had so much information at our fingertips. But is it making us smarter — or just distracted and confused? Across the world, educational attainment is falling. The OECD reports declines in reading skills, science and maths. The past two decades have seen an unprecedented experiment. We now spend nearly seven hours a …
Net Zero is the culture war of our time. On one side, renewables are the saviours of the planet and a route to cheap electricity; to critics, renewables are bankrupting the country. But there is no argument about one thing – UK electricity is really expensive. The industrial price of electricity in the UK is …
Something big is happening and it’s AI coming for your job. At least that is what the titans of big tech would like you to think. AI’s capacity is accelerating and according to Microsoft, AI will automate white collar jobs within 18 months. The press is full of white collar jobs disappearing. Skilled graphic designer …
Young people are face a tough economic environment. UK Youth unemployment has surged to a decade-level high of over 16%. But It’s not just unemployment, there has also been a rise in economic inactivity, driven by rising long-term sickness levels. At the same graduates face both rising student debt, and a declining graduate wage premium. …
The Jevons Paradox is an economic theory stating that an increase in efficiency in the use of a resource does not lead to a decrease in its consumption. Instead, because the resource becomes cheaper and more effective to use, the total demand for it actually increases, often offsetting any initial savings. Jevons Paradox Explained The …
Last year, the UK economy grew by just 1.3%, which continues a trend of disappointing performance. Growth was so slow, real GDP per capita actually fell in the last half of 2025. So far the 2020s are managing to be even worse than the 2010s. And although it has been a tough economic climate everywhere, …