Can European Economy Catch up and Overtake US Economy?Watch this video on YouTube It’s been a bad few years for the European economy – inflation, energy crisis, falling real wages and a stagnant economy – losing ground to China in the east and the US in the west. Whilst US GDP booms, Western Europe seems …
In April 2025, average UK energy prices will rise another 6.4%, leaving an average household cost of £1,849 which is £600 more than 3 years ago. It’s not just households experiencing a rise in energy costs, IL businesses face the highest cost of electricity in Europe. It is proving very damaging for the remaining industrial …
There are many ways for statistics to be misleading. Firstly, governments can just outright lie and make up their own statistics. When inflation was too high in Argentina, the government ordered the statistics agency to reduce the inflation rate. Problem solved. In Soviet times, local officials would fall over themselves to produce statistics that iron …
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 …
In the last quarter of 2024, the UK had the lowest rate of economic growth amongst advanced economies. Yet it also had the highest Central Bank interest rate. 4.75%. It is higher even than the Federal Reserve, despite US growth being almost double the UK in recent years. Is Bank of England Pushing Economy into …
Is UK Debt Getting Out of Control?Watch this video on YouTube The start of 2025, saw UK bond yields soar to the highest level since 2008, causing the media to panic the UK was heading towards another debt crisis – worse than Lizz Truss, some papers rather hysterically claimed. Since 2003, UK debt has risen …
Latest figures on UK National Debt. What National Debt is. Why National Debt is increasing?