Anyone following the economic and political debate in recent years will have found it hard to escape the fact that the price of essentials is rising. While most have accepted this as a given, and policy makers have been tussling to tame the rises, what has been missing from the public debate has been hard evidence on precisely how much these rises have impacted households over time.
Economists need to pay more attention to resources as there is a clear and pressing need to develop greater resilience to commodity price shocks. While this will not solve all our economic problems, it can make an important contribution to many of them. For this reason, the careful management of resources should be right at the heart of economic policy.
If we are to prosper and become a great trading nation once again, we will need to boost our airport capacity. We need modern airports with larger freight and passenger capacity; we need to be able to export British-made goods and compete against our European neighbours. No-one disagrees with this.
Although I agree that Banks and Financial technology firms should be looking to partner and work together where possible to improve the proposition for customers, I don't necessarily believe that this strategy will make banks more innovative and provide better services for you, I and our businesses...
The research report The Value of Apprentices presents a compelling case for organisations to take on even one apprentice: every time they do they receive, on average, a bottom-line boost of more than £2,000 once wage and training costs have been factored in.
Last month Scotland took a big step towards a shared ambition to make our country among the best in the world to grow up. The Children and Young People (Scotland) Bill is a landmark piece of legislation to deliver greater support for children and families through a range of measures, including improvements to how we help our most vulnerable young people in care.
The Chancellor has his sights set firmly on driving economic recovery, and a central component of the plan is his target to increase the value of annual UK exports to £1 trillion by 2020. This equates to approximately a 100% increase from where we currently stand, and there is little disagreement that it is an exceptionally tall order...
Some six years after the banking crash, there is little sign of any major reform. The UK's Banking Reform Act is a disappointment and at one stage was described by the chair of the Parliamentary Commission on Banking Standards as "virtually useless".
German chancellor Angela Merkel is being treated like political royalty, a consequence of her country's economic power as well as prime minister David Cameron's desperate need for friends in Europe. Few would argue about the position of Germany as the economic powerhouse of the European Union but what can Britain learn from the German economic model?
Apart from 2014 being the 700th anniversary of the Battle of Bannockburn, the year Glasgow hosts the Commonwealth Games, and that Scotland plays host to the Ryder Cup, the vote on Scottish independence is also being held 100 years after the outbreak of the First World War.
In my view, the dreadful ice and snow storms that have been battering the east of the United States are obscuring the real strength of the economic recovery and setting the markets up to provide great opportunities over the next few weeks.
In the last year alone one in five small business owners has turned to the bank of 'friends and family' for start-up capital, and almost three quarters launched their new business ventures with working capital of £2,000 or less.
In the light of George Osbourne's ruling out a currency union with Scotland should the SNP win a yes vote on 18 September, the SNP's plan to share the...
For a generation of consumers shielded from the realities of factory farming, brought up on picture-book images of Old Macdonald and his small farmyard idyll, reinforced by advertising and often misleading labels, the truth often comes as a shock. Putting farm animals back on the farm could be a big vote-winner too; many people mistakenly think it's where they are anyway!
The latest Quarterly Inflation Report from the Bank of England has seen Governor Mark Carney and the remainder of Monetary Policy Committee continue to emphasise that interest rates in the UK will remain low 'for some time'.
Michael Gove, Education Secretary, is determined to raise academic standards and few would argue against that. However, schools are under pressure to become autonomous, to set their own curriculums and budgets and to move away from local authority control and there is an argument that this policy together with a greater focus on narrow performance measures and less money is undermining the arts in education.