UK Economics

How Do We Know How Rich (or Poor) We Are?

Margaret Heffernan | Posted 01.04.2014 | UK Politics
Margaret Heffernan

"We could be poorer - or richer - than we think. We don't really know how wealthy we are." That is the opinion of Vicky Price, economist and one-time joint head of the government's economic service. Her sense of disquiet is sparked by the fact that the standard measure of a country's wealth - GDP - in fact leaves out so much.

Britain Is 'Walking Tall'? 5 Awkward Graphs Osborne Doesn't Want You To See

The Huffington Post UK | Asa Bennett | Posted 31.03.2014 | UK Politics

George Osborne has lavished praise on his austerity strategy for helping the UK "walk tall in the world again". In a triumphant speech today, the ...

Tony Benn's Funeral: The Conflict Between Politicians' Words of Praise and Everyday Actions

Matt Hawkins | Posted 26.03.2014 | UK Politics
Matt Hawkins

It can sometimes stick in the throat to hear these politicians eulogising about "honour" when they seem so short of it themselves... Nick Clegg praised Tony Benn for being a "fervent defender of what he believed in", seemingly forgetting his own paltry commitment to defend students from a hike in tuition fees.

Beyond the Headlines This Was a Positive Budget For Investment Into the UK

Geoff Cook | Posted 21.03.2014 | UK Politics
Geoff Cook

The headlines following this week's Budget understandably focused on pensions and savings, with significant proposals announced that will fundamentally change the way people save in the UK. It was hailed by many as the biggest pensions shake-up for a generation, and so it is not surprising that this was the focus of debate in the immediate aftermath.

Angela Merkel Visit: Lessons From Germany for David Cameron

Molly Scott Cato | Posted 25.02.2014 | UK Politics
Molly Scott Cato

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?

10 Cheesy Business Chat Up Lines You HAVE To Try

The Huffington Post UK | Asa Bennett | Posted 14.02.2014 | UK

Business is clearly full of beautiful people, as shown by Yahoo boss Marissa Mayer and Mark Carney, the 'George Clooney'-esque governor of the Bank of...

David Cameron's Short-Sighted Economics Are Going to Cost the Environment in the Long-Term

Evan Bartlett | Posted 12.04.2014 | UK Politics
Evan Bartlett

It is a short-sightedness and a lack of courage that has seen this u-turn in philosophy. Cameron and Osborne may be following traditional Conservative policies, but in doing so they are ignoring the long-term welfare of the nation. Investment in renewable energies is at risk of disappearing and our economy is moving ever closer to fossil fuel dependency.

No Fat-Cat Whinging, Please, Over Labour's Removal of the 'Spare Bentley Subsidy'

Rob Atkinson | Posted 29.03.2014 | UK Politics
Rob Atkinson

Oh, I'm sorry - you Tories out there still refer to it as the "top rate of Income Tax", don't you? That's very passé, you know - and more than a little misleading, also. After all, the country's in a mess - substantially more of a mess than it was in when our benign Coalition government assumed unelected power in 2010, actually.

Is Labour Distrusted on the Economy More than The Conservatives are Distrusted on Welfare?

Alastair Roderick | Posted 23.03.2014 | UK Politics
Alastair Roderick

Even if the growth projections are true, this skirts over the fact that Britain is forecast to have a growing population at a time when other European nations (particularly Germany and Italy) are facing shrinkage. More people equals more money, the assumption goes. Demography is destiny, in other words, which is an adage best left to historians than journalists.

The Real Cost of Food: Is Vegetarianism the Only Answer?

David Green | Posted 21.03.2014 | UK Lifestyle
David Green

I fully accept that diet is a personal choice as is wasting our hard earned cash on food we throw away, but with less waste and even becoming part time vegetarians for at least three days per week, we can help preserve three of the planets most valuable assets.

Michael Rundle

Half Of All Jobs Will Be Automated By 2034 | Michael Rundle | Posted 25.01.2014 | UK Tech

Almost half of all jobs could be automated by computers within two decades and "no government is prepared" for the tsunami of social change that will ...

Spending Up, Consumption Down: The Impact of Price Rises and Recession

Matthew Oakley | Posted 15.03.2014 | UK
Matthew Oakley

The first few weeks of 2014 have shown that, while commentators and economists seem convinced that the recovery has set in, the economic and political battle over living standards and the cost of living remains as strong as it was in 2013.

Britain Must Adopt a Financial Transaction Tax

Salman Shaheen | Posted 11.02.2014 | UK Politics
Salman Shaheen

The UK House of Lords EU Subcommittee on Economic and Financial Affairs this week came out railing against the financial transaction tax (FTT), which would place a 0.1% tax on trades in shares and a 0.01% tax on derivatives trades. George Osborne described it as "economic suicide". He is wrong. Not adopting an FTT would be economic suicide.

Opposing Pension Raises Is Political Noise

Daniel M. Swain | Posted 09.02.2014 | UK Politics
Daniel M. Swain

George Osborne's announcement in the Autumn statement that the pension age will rise to 70 has prompted predictable populist opposition, which has bee...

The Recovery Is Nice But We Need a Growth Agenda

Ben Southwood | Posted 04.02.2014 | UK Politics
Ben Southwood

The Chancellor may feel he only needs to announce tiny symbolic policy moves, given the recovery the economy is finally enjoying. But the government has so much more to do, particularly on the "PIM" policy areas of planning, immigration and money, if he wants to improve the long-term prospects for the UK's economic wellbeing.

Economic Growth To Slow Next Year, Warns Government Forecaster

The Huffington Post UK | Asa Bennett | Posted 05.12.2013 | UK Politics

George Osborne's upbeat UK's economic outlook in his Autumn Statement has been undermined by the government's Office of Budget Responsibility, which w...

Julie Meyer and Entrepreneur Country: A Breakthrough in Big Picture Business, Economics and General Systems Thinking

Martina Keens-Betts | Posted 01.02.2014 | UK
Martina Keens-Betts

Julie Meyer is the highly visionary and multi-talented founder of which is an innovative and exciting global discovery platform for digital companies, providing them with vast networking opportunities and access to crucial top-level industry information...

Keeping Up With the Joneses, and So On

Alastair Roderick | Posted 02.02.2014 | UK
Alastair Roderick

After several years of being underserved by my High Street bank, and as they somehow managed to confuse a £70.00 withdrawal for a £7,000.00 withdrawal, I moved at no little inconvenience to the Coop...

Enlightening New Economic Growth 'Fast Expandind Markets': The Example of LED in Japan

Dr Mark Esposito | Posted 23.01.2014 | UK
Dr Mark Esposito

Today's catchiest buzzword is "growth" - a priority championed by virtually every government official and business leader. Day in and day out, governments pledge to put their economies back on the growth path by building globally competitive industries, and business leaders vow to find new strategies to grow their companies.

Twitter - Better Cooperative Than Corporation?

Kester Brewin | Posted 23.01.2014 | UK Tech
Kester Brewin

A couple of these recent flotations - I'm thinking of Facebook and, in the UK, the Royal Mail - have given me pause for thought at the economic models that underpin them. In short, I think they are a rip-off. Why? Because they miss a chance to have the stake-holders investing in the company as shareholders.

New Research on Skilled Migration Sheds Light Within an Overheated Debate

Heather Rolfe | Posted 23.01.2014 | UK Politics
Heather Rolfe

Employers across the four sectors of pharmaceuticals, IT, higher education and finance said they recruited skilled migrants where the supply of skills from within the UK is inadequate, to recruit high level skills which are in short supply world-wide and to complement the skills of non-migrants. This was at odds with the perceptions of focus group participants drawn from the general public...

The Trouble With Microfinance

Alastair Roderick | Posted 23.01.2014 | UK Tech
Alastair Roderick

Microfinance fills a specific gap in the market: financial products for those too poor to access normal credit. But it turns out that not all credit is equal.

We Could Fix Our Economy by Giving Every Man, Woman and Child £6,000 in Cash

Mehdi Hasan | Posted 23.01.2014 | UK Politics
Mehdi Hasan

We have had a massive £375billion of quantative easing so far, which may have saved the financial sector but has done very little for the rest of us. That amounts to around £6,000 per man, woman and child in the UK. So why not electronically add this to the current accounts of every member of the public? Why not give the QE money directly to ordinary people to spend, save or pay off their debts?

The Numbers for Childcare Professionals Aren't Adding Up

Liz Bayram | Posted 24.12.2013 | UK Politics
Liz Bayram

To truly tackle to the number of families struggling with the cost of childcare, we need to reflect on why childcare is key.

Fashion Intentions

Yasmin Khatun | Posted 23.01.2014 | UK
Yasmin Khatun

As the thin piece of attire some Muslim women choose to cover their faces with (as part of religious principal) once again becomes a point of discussion here in Britain, it is today an important day to think about clothing.