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”
The UK’s fiscal position is not just precarious; it is on the brink of becoming unsustainable. With just one more crisis, like the global financial crisis and the Pandemic that we’ve experienced in the last 20 years, the situation could escalate rapidly. A return to strong growth would reduce this risk but will be a …
Continue reading “UK fiscal position: one event away from crisis”
There’s so much wrong with the recent trade agreement between the US and the UK that it’s difficult to know where to start. First, it’s not a trade deal as it does not reduce tariffs or set the terms for trade between the two countries; instead, it is an agreement about a potential deal. But …