Since their peak in August 22, UK House prices have fallen 5%, but the big question is how much will they fall in the next 12 months? Expert predictions range from a modest 2% decline to a fall of 12% from Capital Economics. UK Housing Slump – Why Prices could FALL further than expectedWatch this …
Source: ONS NPEN Total UK Business investment since 1997. After sharp fall in 2009 due to global recession, investment recovered quite strongly. In 2016, Investment fell, at least in part, due to the uncertainty of the Brexit vote and leaving the Single Market. The covid pandemic caused another sharp fall in investment. The poor investment …
The past couple of years have seen a surge in house prices around the world. This has pushed house price-to-income ratios to record levels – in many cases, outstripping the last boom of 2007. This is a major warning signal prices are unsustainable and in recent months, prices have started to fall rapidly, with at …
Britain is facing a chronic backlog in many public services. This includes record NHS waiting lists, a shortage of housing, delays in the criminal system, and a surge in unprocessed asylum requests. On top of this, there is a cost of living crisis, falling real wages and the highest level of strikes this century. It …
In recent years, the UK private rental market has seen a surge in demand, and the average price of renting rising 40%. Yet it is the least favoured form of housing tenure, with many renters paying an increasingly unaffordable share of income on rent. The crisis costs the government £27 billion in housing benefits, leads …
In the past few decades, the Chinese economy has grown at a breakneck speed, allowing living standards to soar with GDP per person growing 500% in the past 21 years. China has become a major force in the global economy with an estimated 20% of global GDP by 2027. Yet, the seemingly unstoppable rise of …
Inflation in the UK rose to a 40 year record of 11.1% in Nov 2022 – why is inflation so high and will it come down soon? The last time inflation was so high was in 1981. But, inflation of the 1980s was different in that at least wages were keeping up with inflation. Now …
On a basic level net migration will increase gross domestic product, for two reasons. Bigger workforce Increase in demand in the economy. But what effect will immigration have on per capita income, tax revenues employment and other factors affecting living standards like housing costs? The Economic Costs and Benefits of Immigration – The Surprising Winners …