Since 1964 the population of the UK has grown by over 10 million people (18.7%). About 50% of this growth has occurred in the past 15 years. In recent years, the rate of population growth has exceeded 0.6% a year. UK population predictions The biggest population growth is predicted in England, and the south east …
A mansion tax (or property tax) would be an annual progressive charged that would be paid by homeowners. It is effectively a tax on housing wealth. The Labour party has suggested implementing a property tax on homes worth over £2 million. Exact details have not been confirmed, but the suggestion is that it will be …
The Eurozone inflation rate is 0.4% (ECB database) (Sept 2014) Eurozone HCIP inflation rate HCIP (Harmonized consumer index prices) Source:| (ECB Inflation graphs, sometimes a few months outdated) Food inflation Food inflation is currently negative. Food inflation tends to be one of the most volatile components. This negative food inflation is one factor reducing the …
Readers Question: Why is house price inflation considered good while other forms of inflation are considered bad? Or are all forms of inflation bad for the economy? House price inflation has a mixed impact on the economy depending upon the extent and timing of the rise in house prices. This graph shows house price …
On campaign in the early 1800s, Napoleon approached a hostelry on the slopes of Col du Pin Bouchain near Roanne. (BTW: the Col du Pin Bouchain at 759m was the first mountain ever used in the Tour de France in the 1903 edition.) Napoleon was shocked at the price of eggs, and so he asked …
My Q: can you see any reason the ECB can’t do a version of QE for Greece? Not necessarily the US/UK way of buying bank bonds and hoping; there may be other ways? But if they could do it somehow, interest-free, so that the new money gets out into the economy, with the proviso that …
There is mixed evidence about the success of the Funding for Lending scheme Firstly, there is evidence that credit is still tight and firms are struggling to gain finance. Since last August, £1.8bn of credit has been drained out of the system At the same time, up to 40 lenders have accessed the £16.5bn in …
Readers Question: I’ve recently been studying monetarism and I have a question with regards to printing money. It is well known than printing money leads to inflation as demonstrated by the Fisher equation, but say if the new money created was all spent on imports i.e. all the newly printed money leaked from the domestic …