Optimism at the start of 2022 that, with the end of the pandemic, the UK was on the cusp of a period of robust and steady growth, was dashed by the Russian invasion of Ukraine in February. Although the headline average annual growth rate is 4%, it is highly misleading. The economy is in recession. …
Covid-19 – global strategy required
After two cataclysmic wars in the first part of the 20th century, many global institutions were formed. The aim was to promote international cooperation, economic development, oversight and coordination to prevent such disasters from occurring again. Promoting prosperity through peaceful competition on an agreed rule book was seen as the way forward. It worked. There …
Budget 2017 summary – steady as you go or a denial of reality?
This was not a Budget that will live long in the memory, or the history books. Other than, of course, that under this government and Chancellor, it will be the last spring Budget. Recall though that Norman Lamont also decided to do something similar about twenty years but it never happened – because he got …
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