Economist, Visiting Professor, Lecturer, Writer, Public Speaker.
Last year was turbulent for the world economy, and this one may be no different. The Russian invasion of Ukraine in 2022 had its full effect in 2023, reducing real incomes by pushing inflation up, particularly for food and energy. In addition, interest rate increases, put in place to fight the sharp rise in inflation, …
Continue reading “Another turbulent year looms – but so do opportunities”
‘Trussonomics’ was destroyed on Monday 17 October New chancellor Jeremy Hunt in a statement to parliament on Monday 17 October, reversed all the major announcements in the mini budget made less than a month ago. It is a complete abandonment of all Liz Truss’s aims as Prime Minister and her chancellor Kwasi Kwarteng, and it …
Continue reading “‘Trussonomics’ brutally undone by reality”
The new Prime Minister has taken office during a historic economic, political, and social crisis for the UK and world economies. Just days ago, Russia’s president, Vladimir Putin, shut down the Nord Stream One pipeline carrying gas to Germany – and said that the pipeline would not be reopened until sanctions against Russia are removed. …
Continue reading “Cost of living crisis awaits the new Prime Minster”