Economist, Visiting Professor, Lecturer, Writer, Public Speaker.
Fertility, longevity, migration, and age distribution are not just social statistics – they impact productivity, savings, inflation, and interest rates. In this article, I’d like to focus on what this means for the UK in the context of the third consecutive year of a decline in its fertility rate. This fell to 1.41% in 2024 …
Continue reading “The UK is ageing fast: the risks and benefits”
UK government debt is running at £400 billion a year or 20% of GDP. Money supply growth is rising by nearly 14% per annum and the ratio of outstanding debt GDP – 85% of the economy just last year – is set to be around 108% of GDP in the 2020/2021 financial year. Surely that’s …
Continue reading “Why price inflation will remain low even with record debt”