UK Economics

My Challenge to You, Mr Gove

Chris Hirst | Posted 21.04.2016 | UK Politics
Chris Hirst

I listened to you speak with respect and fear in equal measure this week. Your oratory skills are impressive and at times, your rhetoric is certainly convincing. The problem is, I just don't believe WHAT you're saying.

Housework: Should I or my mother do it?

Cassandra Lee Yieng | Posted 07.04.2016 | UK Universities & Education
Cassandra Lee Yieng

Therefore, without any excuses, I should do my chores. Yet before I get to them, my mum has already taken over and would rather I studied. I only hope that she releases her book soon.

Four Ways the OBR Could Be Wrong

Kitty Ussher | Posted 18.03.2016 | UK Politics
Kitty Ussher

If any of these factors have more of an effect than the OBR has suggested then the Chancellor will find he has far more room for manoeuvre. I suspect that he already knows this: his largest "cuts" in response are either a re-phasing of existing commitments or subject to a review that wont publish until 2018, by which time the picture will be very different.

The Exchange Rate Is Falling and It's Good News

John Mills | Posted 09.03.2016 | UK Politics
John Mills

If you were to believe the commentariat, the recent falls in the pound are a complete disaster. According to many, we are on the edge of an economic abyss. Our country is about to be plunged into financial turmoil. And, worst of all it would seem, our summer holidays abroad have become a bit more expensive...

Liberating Motherhood

Vanessa Olorenshaw | Posted 24.02.2016 | UK Parents
Vanessa Olorenshaw

The mother in western culture in the twenty-first century faces a huge number of obstacles before her in her attempts to frame her life with 'autonomy' and 'self-determination': or, simply put, the right to live and control one's own life. Mothers feel immense social and economic pressure to 'get a job', or feel the strain of 'doing it all' when they do.

Do We Have a Productivity Problem? Entrepreneurs Might Disagree

Maximilian Yoshioka | Posted 24.02.2016 | UK
Maximilian Yoshioka

While the discussion around the UK's lagging productivity statistics drags on, entrepreneurs have been busy creating the the innovative products and s...

A Sugar Tax Is Not Just Anti-Consumer, But Anti-Business too

Brook Whelan | Posted 12.02.2016 | UK Politics
Brook Whelan

The sugar tax, the proposal to ban TV advertising, the proposal to restrict 'buy one, get one free' offers - they are not just anti-business, but they are also anti-consumer.

The Human Face of Economics, via Davos and Rochdale

Jonathan Freeman | Posted 01.02.2016 | UK Politics
Jonathan Freeman

The pristine white snow and luxury hotels of the Swiss town of Davos formed the backdrop recently to the annual meeting of the World Economic Forum; the most significant gathering of the planet's foremost economic, business and political brains. Three days of speeches, discussions and dinners that truly have an influence of global proportions...

The Myths That Justify Inequality Are Harming Us All

Bradley Allsop | Posted 20.01.2016 | UK Universities & Education
Bradley Allsop

One day we will look back on the myths that propped up this system with the same incredulity and scorn that we now do of claims of a superior race or race- the sooner that day comes, the better it will be for all of us.

Fraud: A Word to the Unwise

Fiona Hotston Moore | Posted 18.01.2016 | UK
Fiona Hotston Moore

For those of us involved with fraud it looks like another good year for temptation to trump trustiness in the workplace.

2016 - A Goldilocks Year?

Nick Beecroft | Posted 13.01.2016 | UK
Nick Beecroft

A Goldilocks Year, not too hot, not too cold is our central scenario for 2016, and it would look something like this- Global growth accelerates a litt...

Britons Cannot Safely Afford Loans

Mohadesa Najumi | Posted 08.01.2016 | UK Politics
Mohadesa Najumi

The government would rather that we are in the dark about what "Affordable loans" really mean for honest, hard-working Britons.

When It Comes to Gender Parity, We're Only Halfway There

Cherie Blair | Posted 02.12.2015 | UK
Cherie Blair

In today's world, power lies in our political systems and our economies. These two institutions, broadly speaking, control the way we live our lives. They carry huge implications for our freedoms, our human rights and our levels of security - financial and otherwise. Now consider who has the greatest access to, and control over, these institutions. Overwhelmingly, it's men. This is the conclusion drawn by reams of research into gender parity across the globe. Take, for example, the World Economic Forum's new Global Gender Gap Report, which measures the gender gaps in four key areas - health, education, economic participation and political representation.

Where There's a Will There's a Way

Molly Scott Cato | Posted 30.11.2015 | UK Politics
Molly Scott Cato

Imagine you needed to solve the greatest problem facing humanity; a problem that was universally acknowledged and whose solution was an urgent necessity. Most of us would do anything to save a person we love. Surely we would also spend any amount of money, mortgage our futures even, to save the planet, our life-support system, from catastrophic climate change? But with such commitment and devotion comes vulnerability. This is particularly so when it comes to the issue of climate finance.

The Economic Impact of Open Data: What Do We Already Know?

Jeni Tennison | Posted 02.11.2015 | UK Tech
Jeni Tennison

Open data fuels economic growth. Many believe in the theory and ask for the proof. A new report by Nesta and the ODI adds to the evidence of the impac...

Chinese Nuclear Finance Deal: What Cameron Might Say to President Xi Jinping

Molly Scott Cato | Posted 20.10.2015 | UK Politics
Molly Scott Cato

I'm delighted to have discovered a leaked 'damage limitation' briefing, sent to David Cameron from advisers, ahead of his meeting with Chinese President Xi Jinping this week. The paper gives some useful advice on what Mr Cameron should say to 'extract' himself from a damaging and embarrassing deal involving Chinese finance for nuclear new build...

Welcome to the Conservatives' Victorian Thunderdome

Adam Hamdy | Posted 06.10.2015 | UK Politics
Adam Hamdy

If David Cameron and George Osborne had been born to single parents living in social housing, perhaps they would look at life differently. Fate saw them born to privilege, but instead of softening their hearts, their good fortune has hardened them and fostered a belief that victimising the less fortunate is a viable social and economic policy.

Cuts Will Not Reduce the Government Deficit - In Fact They Could Do Quite the Opposite

John Mills | Posted 25.09.2015 | UK Politics
John Mills

Certainly, there is a problem. Between 1991 and early 2015, gross government debt rose from 31% to 89% of GDP. The interest charges to finance this debt last year came to £43bn - roughly equal to the total amount spent on primary and secondary education taken together, or our total expenditure on defence.

A Nation Going Digital?

Dan Andersson | Posted 17.09.2015 | UK
Dan Andersson

LEOcoin is already leading the way in demonstrating how a secure, internationally tradable currency, existing outside the financial status quo, can galvanise the SME sector. I see no reason why it cannot radically change the way governments do business too. Once the dam is breached we'll likely look back and wonder how we used to do finance any other way.

Black Monday: The Bigger Picture

Mete Coban | Posted 26.08.2015 | UK Politics
Mete Coban

Black Monday is the reason why Britain needs to step up its role in the European Union and the global arena. Those who have persistently argued that Britain needs to leave Europe completely disregarded the impact of globalisation and the growing economic interaction between states.

Is Corbynomics Too Good to Be True?

Molly Scott Cato | Posted 19.08.2015 | UK Politics
Molly Scott Cato

What makes me nervous is the way Corbyn and his allies are flourishing QE as though it solves all economic problems at a stroke. Using the power of money creation is not something that can be done irresponsibly; it must be subject to two important constraints.

The Great Investment Debate

Laurie Fitzjohn-Sykes | Posted 07.08.2015 | UK Politics
Laurie Fitzjohn-Sykes

The Conservatives should not be complacent, assuming Corbyn will return the UK to the politics of the 1980s. In the great investment debate he has an opportunity to put forward a coherent and distinct growth agenda. The Conservative party should pre-empt this by doing more to end decades of under-investment.

The Data Behind Cameron's Radicalisation Plan: It Doesn't Add Up

Ismail Jeilani | Posted 28.07.2015 | UK Politics
Ismail Jeilani

David Cameron recently announced his 5 year plan to tackle radicalisation. I am concerned at the inconsistency in logic and the lack of data behind hi...

Despicable Budget by a Despicable Government

Mark Serwotka | Posted 09.07.2015 | UK Politics
Mark Serwotka

George Osborne has always been described as a "political chancellor", as if there was really any other kind. But his first Tory-only budget confirmed he is more than comfortable with the nasty politics of division and hypocrisy.

Striking the Right Balance

Tony Dolphin | Posted 08.07.2015 | UK Politics
Tony Dolphin

In today's budget, George Osborne sets out a path for the government's fiscal deficit over the next five years. His aim is to get the overall budget into surplus by 2019/20. This is one year later that planned back in March - a welcome smoothing of the path for eliminating the government's deficit. But he may still be moving too fast.