Economist, Visiting Professor, Lecturer, Writer, Public Speaker.
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”
Yet again, the Chancellor’s Spring Statement turned into a Spring Budget. Expectations were that the Government would intervene to alleviate the impact of higher fuel and food prices on household income. Whilst fuel duty was cut by 5p a litre for 12 months and the National Insurance threshold raised, for many, those expectations weren’t met, …
Continue reading “Economic shocks and the tightrope to growth”
This Budget was presented by a government that seemed to be preparing for an imminent general election. It promised tax cuts, continued growth, lower fiscal deficits and more spending on the NHS and the welfare state. Of course, a lot of this may not come to pass. Given the significant turbulence of the last …