Rail Privatisation Failure – Why we pay more for TrainsWatch this video on YouTube In the Victorian age, the UK led the world in building railways, it was an invention that changed the world. But, by the 1980s, the state owned British Railways was the butt of jokes, stale sandwiches, declining passengers and closed lines. …
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 …
Iss the UK broke? How much can the government borrow? Has the government run out of money? Firstly, how does the UK compare to other countries? The UK is not alone in running government debt close to 100% of GDP. But, it is still nearly double European countries like Norway and Ireland. But, this graph …
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 …
The US is one of the richest economies in the world – with the 7th highest real GDP per capita. Not only that but the economy is booming with much higher rates of economic growth than elsewhere. However, in the real world, there is a disconnect, despite the undoubted wealth of America, many Americans feel …
The UK housing market is in crisis, with prices eight times median incomes. The latest idea to be floated is the return of government-backed 99% mortgages. The logic is that since house prices are out of reach for many, a 99% mortgage would enable more to be able to buy without waiting the 19 years …
The post-war period saw a golden era of home-ownership. Workers from all social classes were able to buy their own home. Home ownership rates rose, and the idea of getting on the housing ladder was a key part of the national psyche. The American dream is perhaps to get rich, the British dream was to …
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 …