Europe’s population is set to fall from 750 million to 570 million within six decades, and this will have profound economic and social costs. In the 1950s, 1 in 12 people were over 65, now it is 1 in 4. At the end of the century, it will be 1 in 3. Europe’s Fertility Crisis …
Last year, the UK saw a record level of net immigration, 600,000 – and although last year was exceptional, it is forecast to remain above pre-Brexit levels until 2026. Last year was also a year of record rent rises and chronic housing unaffordability. Given the UK’s inability to meet housing targets, how much is immigration …
Housing has never been more unaffordable. Homeownership rates are falling, rents are rising and young people are trapped by a crazy housing market. Against this backdrop, Sir Keir Starmer says he is a YIMBY – he wants to build 1.5 million new homes, even on greenbelt land and we should ignore local opposition to get …
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 …
Readers Question: Is it right that private banks can create 97% of all new money by lending it into existence, and what effect does this have on inflation and the value of money already in existence? Banks can effectively increase the money supply, by lending money. Most money in the modern economy is bank deposits. …
A list of some modern-day protectionist measures, including tariffs, domestic subsidies to exporters, and non-tariff barriers which restrict imports. Types of Protectionism Tariffs – This is a tax on imports. Quotas – This is a physical limit on the quantity of imports Embargoes – This is a total ban on a good, this may be …
Is the Polish Economy Set to Overtake the UK Economy?Watch this video on YouTube In 2000, the average GDP per capita in the UK was over three times that of Poland. But with the UK economy stuck in a trap of low economic growth, forecasts suggest, on current growth trends Poland could overtake the UK …
In the space of 18 months, Bank of England base rates have risen from historical lows to 5%, with more expected. It’s a remarkable turnaround for an economy accustomed to ultra-low borrowing costs – the rapid increase in rates have seen soaring mortgage costs and threatens to push an already struggling economy into recession. Yet …