UK house prices are overvalued, which is why prices have started falling in most regions across the country. But, the big question is how far do prices need to fall? And where are prices most overvalued? How OVERVALUED are UK House Prices?Watch this video on YouTube In the aftermath of the 1990s recession, UK …
A majority of Europeans fear the EU could break up in the next 10 to 20 years. This is despite support for EU membership increasing in recent years. So why is there concern the world’s most successful regional block could split apart? EU Breakup – SIX Factors That Threaten EUWatch this video on YouTube Brexit …
How The Irish Economy Overtaken Brexit Britain? Why Ireland's Economy Surpassed The UKWatch this video on YouTube In the post-war period the Republic of Ireland, stood in the shadow of its richer neighbour, with average incomes nearly three times less than the UK. Yet, over the next few decades, the Irish economy was transformed and …
Earlier in the year the UK had record-breaking inflation with both headline and core inflation remaining well above the government’s target and being worse than forecast. As bad news on inflation kept coming the Bank of England increased interest rates 14 times. Finally, in a narrow vote, the Bank paused to halt rate rises. Is …
America is the biggest economy in the world, it is also one of the richest with average GDP per capita of around $80,000. The richest three American billionaires own more wealth than the poorest 70 countries combined. In the post-war period, US GDP increased by 900% leading to unprecedented levels of income. But, there is …
Readers Question: Is it right that private banks can create 97% of all new money by lending it into existence, and what effect does this have on inflation and the value of money already in existence? Banks can effectively increase the money supply, by lending money. Most money in the modern economy is bank deposits. …
A list of some modern-day protectionist measures, including tariffs, domestic subsidies to exporters, and non-tariff barriers which restrict imports. Types of Protectionism Tariffs – This is a tax on imports. Quotas – This is a physical limit on the quantity of imports Embargoes – This is a total ban on a good, this may be …
House prices are falling at their fastest rate since 2009. With average prices 5% or £14,600 lower than last year. (Both Halifax and Nationwide reporting similar falls) Whilst Property experts are hoping for a soft landing, the market still has to absorb more bad news with a record fall in mortgage approvals and the impact …