Will The Stock Market Crash Continue?Watch this video on YouTube Since the start of the year, the Dow Jones has fallen 10%, but this is more than a stock market correction. Bond yields are rising, the dollar is falling and price of gold is soaring. It is an unusual combination to have falling stocks and …
The UK was the first country to industrialise, but also one of the first to deindustrialise. UK manufacturing as a a share of GDP has fallen from 30% in 1970 to 8% in 2024. The UK is not unique in smaller share of manufacturing, but the decline has been relatively bigger than other countries. Manufacturing …
It’s pretty easy to talk about the problems with the UK economy – 18 years of low growth, stagnant real wages, low productivity, low investment, housing costs through the roof. The numbers don’t lie. If past trends had continued from 2007, average households would be at least £8,000 a year better off. If we could …
It’s not been a good week for the UK economy with the Bank of England downgrading economic growth and upgrading inflation forecasts. We’re heading for stagflation, the worst of both worlds. If you wanted more bad news, the Bank of England warned that productivity growth may actually be even worse than the pretty dismal statistics …
Things can appear pretty bleak. We have warnings of a collapsing economy, record waiting lists, crumbling infrastructure and rising homelessness. The government might have changed, but the problems seem the same. Wages have stagnated and young people have low expectations of their future. It wasn’t always like this. In the post-war period, real wages were …
There’s been no honeymoon for the new Labour government. Since the election in July, UK growth has continued its long-term trend of barely existing. Recent data disappointed analysts with output falling in the last two months. Monthly data is noisy, but it comes amidst business warning of a weaker labour market, with higher national insurance, …
In May 2016, Britain voted to leave the EU. The only reason David Cameron held a referendum was because he was convinced he would win. But, he hadn’t expected Boris Johnson to make a last minute switch and help galvanise a Vote Leave campaign. Brexit – The Big MistakeWatch this video on YouTube The result …
Last May, Rishi Sunak could boast that the UK was the fastest growing economy in the G7. And, after a fashion, he was correct. Not only that but UK inflation has fallen close to its target of 2% and Sterling has reached its highest level for eight years. Were the Tories about to do the …