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”
It’s official. The US is now a rogue nation. It has started a trade war with the whole world. There is no, repeat no, trade war between countries going on in the world. It is between the US and all the other countries it trades with, including its closest allies since the Second World War. …