Based on the post-war record of UK economic expansion, we may be about to experience a sharp slowdown (see chart A). Latest figures show that the UK grew by 0.4% in the final quarter of 2017, down by 0.1% from an earlier estimate of 0.5%. In the year as a whole, the UK economy expanded …
A tale of two cities β is the future revolution or evolution?
βIt was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of Darkness, it was the spring of hope, it …
Continue reading “A tale of two cities β is the future revolution or evolution?”
An omini-shambles of immense proportion
In a moment of hubris, or scenting what seemed like an opportunity, Theresa May called a UK general election believing the Tories to be unchallengeable. Her promises of stability and security now look especially ironic, as the UK faces yet another bout of political uncertainty. Challenges within the UK have hardened The challenges we had …