It’s official the UK entered into recession last year with GDP falling over a period of six months. However, with only a 0.4% fall in GDP some argue the recession is relatively mild. This is Not a Mild RecessionWatch this video on YouTube But, if we look at real output per capita, the UK economy …
Is There Any Hope For The UK economy? – And Other QuestionsWatch this video on YouTube Q. Is there hope for the UK economy? There is hope for the UK, despite very poor past 15 years, it is still a moderately wealthy country, with reasonably basic economic institutions. We are not in the same league …
For three decades, the Chinese economy boomed, transforming itself into the world manufacturing hub. Up to 70% of suppliers on Amazon rely on Chinese supply chains. Buy any electric good and it’s likely to say ‘Made in China’. But, the Chinese economy is in crisis. A property collapse has seen prices fall and flats remain …
Canada has an abundance of natural resources. Why Canada’s Economy is Doing Worse than You RealiseWatch this video on YouTube It has the third largest known supplies of oil in the world, helping to make it the 10th largest economy in the world and top 20 GDP per capita. It benefits from close economic ties …
Why The UK economy is in Recession but US is BoomingWatch this video on YouTube Whilst the UK economy slips into recession, The American economy is booming. Latest figures show US growing at nearly 5%, but the UK economy seems stuck in a near perpetual stagnation. (Germany is doing slightly worse. In the past five …
The UK economy remains on a knife edge, after a year of stop-start economic growth, the Bank of England forecasts continued economic stagnation into 2024. Other forecasters are marginally less pessimistic, hopeful that a fall in inflation will help to increase real wages and consumer spending. UK Economic Forecasts for 2024Watch this video on YouTube …
In the past few months, inflation in the UK has halved from 10 to 4.7%. In the US it has fallen to 3% but ask an average shopper and they may express scepticism, the cost of living seems to be rising much faster. In 2021 Jordan Peterson tweeted that he believes inflation was 15% rather …
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 …