Thatcher introduced a break with the post-war consensus introducing new economic ideas such as Monetarism Free-market supply side policies Privatisation Tax cuts (especially for high income earners) Reduced power of trade unions. The impact was far ranging. Did Thatcher Ruin or Save the UK Economy?Watch this video on YouTube The 1970s Economy The 1970s was …
Argentina Crisis – Can you Fix an Economy by Breaking it First?Watch this video on YouTube After decades of high inflation, economic crisis and a stagnant economy. The new Argentinian president Javier Milei offers a radical plan – end inflation at whatever the cost. He claims that with inflation soaring, Argentina has no alternative but …
With house prices falling in the past 12 months, is it worth waiting to buy or is better just to bite the bullet and not worry about forecasts for interest rates and house prices? Buying a House in 2024 – Should You Wait Until After CRASH?Watch this video on YouTube Despite modest falls, house price …
Why Norway Became Rich From Oil But The UK Lost OutWatch this video on YouTube Norway and UK are neighbours, separated only by the North Sea, with its rich mine of oil and gas reserves, but whilst Norway has used its good fortune to become the richest country in the world. The UK’s oil bonanza …
10 Reasons Why Italy Become the Worst Performing EconomyWatch this video on YouTube Italy ranks 5th in the global league for tourist destinations, and its easy to see why, beautiful countryside, great weather and a rich legacy of art and culture. But, these historic assets have been unable to prevent Italy being one of the …
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 1979, Mrs Thatcher was elected Prime Minister of the UK. At the time, the UK was experiencing double-digit inflation, trades unions were powerful and there were signs British industry was becoming increasingly uncompetitive. Mrs Thatcher introduced revolutionary economic policies which had a deep impact on the UK economy. They were characterised by a belief …
In the post-war period, the UK economy grow at 2.5% a year, but since great financial crisis, growth has slowed down markedly. 13 Years of Economic Decline – Is Conservative Government to Blame?Watch this video on YouTube The OECD report that since 2010, the UK has seen growth of just 0.1% in average wages, significantly …