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Trevor Williams

Trevor Williams

Economist, Visiting Professor, Lecturer, Writer, Public Speaker.

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Tag: employment

Posted on 19th March 2025

Trump, Tariffs and the new world order

Economists generally agree on few economic theories, but the negative impact of tariffs is one of them. The theory advocating for free trade without tariffs or barriers between countries was first articulated by Adam Smith in 1776 in “The Wealth of Nations,” showing that even if a country has an absolute advantage in producing goods, …

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Posted on 1st November 20244th November 2024

Immediate reaction to the October Budget, 2024

This is the first Labour Budget since 2010, and the first by a woman in UK history. It is aimed at raising economic growth in the long run, funded by tax rises and increased borrowing in the short term. The tax rises mainly came from employers’ National Insurance contributions and employers’ contributions to pensions, which …

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Posted on 20th September 202421st September 2024

A tale of two interest rate decisions

The US Federal Reserve or Fed, and the UK Central Bank or the Monetary Policy Committee (MPC,) both made the decision on whether to cut interest rates on the same day, although, given the time difference, it happened at different points. The US Fed cut interest rates by ½% to a range of 4.75% to …

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Recent Posts

  • When is a trade deal not a deal?
  • The USA has gone Rogue
  • UK Spring statement 2025: little room for manoeuvre
  • Trump, Tariffs and the new world order
  • UK can cut interest rates a lot

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