Tag : economy

The Budget 2018 – What does it mean for us?

4 days ago / 0 comments

On Monday 29th October, Phillip Hammond, the Chancellor of the Exchequer, announced the final budget before Brexit. “Austerity is finally coming to an end” he proudly proclaimed, but not everyone in the house was so optimistic… Jeremy Corbyn finding the statement particularly hard to believe. What you’re probably wanting to … Read More

Universal Credit more like Universal Car Crash…

3 weeks ago / 0 comments

You may recall that in 2013, the coalition government launched a controversial new welfare policy: Universal Credit. It was designed to ‘simplify’ the current benefits system, which over 80% of the public at the time believed to be rife with false claims. This was according to the British Social Attitudes … Read More

Why are we still asking the question, Deal or No Deal?

2 months ago / 0 comments

Jacob Rees-Mogg recently claimed that the British economy would receive a ‘£80 billion boost’ if we were to leave the European Union without a deal, instead of trading under World Trade Organisation rules. This is on the basis of a report published on Tuesday by Brexiteer think tank ‘Economists for … Read More

The Beast From The East – Sending The Economy Into A Blizzard?

8 months ago / 0 comments

Inconvenienced by it or not, last week’s snowstorm across the UK was every British person’s dream. The snow was a solid topic for small talk whilst waiting around for seminars to start, and it provided an extra excuse to miss any classes that weren’t affected by the strikes. It was … Read More

Giving Birth To A Recession

8 months ago / 0 comments

A paper entitled ‘Is Fertility a Leading Economic Indicator’ concludes that the rate of women becoming pregnant begins to fall several months before the start of a recession. The research team, comprising economists from the Universities of Notre Dame (UND) and Kentucky, measured fertility in the United States by proxy … Read More

How Would Renationalisation Affect The Economy?

8 months ago / 0 comments

Ever since his election as the Labour Party leader in 2015, Jeremy Corbyn has been closely associated with policies of renationalisation. There is a general sense that such policies are the ultimate signifiers of Corbyn’s socialist credentials, and so they have remained hot topics ever since he assumed his position … Read More

Retail Sales Slump Despite Growth in Gym Wear Demand

9 months ago / 0 comments

Despite high growth in gym clothing sales, as the population seek to meet their New Year resolutions, the start of the New Year saw a fall in overall retail growth, down to only 0.1%, much lower than expectations. The fall in retail growth could be explained by falling real wages. … Read More

Automation Threatens to Widen North-South Divide

9 months ago / 0 comments

For years, northern industry was at the forefront of England’s economy. From the industrial revolution which traces its roots from Lancashire cotton mills, to coal mining across Yorkshire and the North-East, Britain was powered by Northern workers. That is until technology began to make more and more jobs redundant, and … Read More

The Zimbabwean Economy: From Mugabe to Droughts to Inflation to 2017

11 months ago / 0 comments

Under the ZANU party led by Robert Mugabe, Zimbabwe became an independent country in 1980, freed from British colonial rule. This naturally presented challenges to governance: how could Zimbabwe disinherit its colonial institutions and become a new nation in a way which was economically viable and sustainable for its people? … Read More

Nothing’s Sweet About The BAE And Uber Job Losses. But Is There A Silver Lining?

1 year ago / 0 comments

This month we have been forewarned of two major waves of redundancies being carried out in the coming months. Two major employers, BAE Systems and Uber (which doesn't deserve the umlaut), succumbed to external factors before the imminent redundancies were revealed; competition and regulation, respectively. However, these abstract triggers will ... Read More