What can the UK Learn from the Greek Economy? Which is Worse – UK or Greece EconomyWatch this video on YouTube Which country was one of the fastest-growing European economy in the past three years? Yes, you’ve correctly guessed, it was Greece. To the north, the once mighty German economy is struggling to avoid recession, …
The Eastern European Boom When Will Polish Economy Overtake UK and France?Watch this video on YouTube Whilst Western Europe struggles with low growth, Eastern Europe is booming. In the past two decades, Eastern Europe has quietly witnessed an economic transformation, with growth in living standards outperforming the West. Estonia, Poland and Romania have all seen …
In the 1970s Venezuela was widely admired for its functional democracy and the highest living standards in Latin America. There was good reasons to be optimistic. Venezuela has the largest known reserves of oil in the world. Greater than Saudi Arabia, Iran and the US. Yet in recent decades, the economy has lurched from crisis …
Greece is the cradle of western civilisation. Philosophy, democracy and unique cultural icons. But, 15 years ago, something terrible started to happen to the Greek economy, which saw one of the biggests hits to living standards in the western world. GDP collapsed, unemployment soared and Greece became an economic basket case. This article explains what …
In the past few years, the UK has seen a rise in the tax burden, but at the same, the UK has seen a reduction in the average rate of economic growth. Is low growth leading to a higher tax burden or is it the high tax burden which is itself contributing to sluggish growth? …
France and the UK have a long shared history – at times rivals at times allies. Their economies have very similar levels of living standards – ranking 23rd and 24th in global GDP per capita. Yet there are also big differences on the attitude to work, pensions and housing. Not many people know, but since …
In 1978, the Conservative Party hit on a fantastic election poster, Labour’s not working. Unemployment had recently hit 1.6 million or 5%. Ironically, a few years later unemployment would soon double to over 12% after the devastating early 1980s recession. But, what about 2024, is there a new epidemic of economic inactivity, people not working? …
In 1984, Arthur Scargill passionately spoke to 140,000 miners to fight for their jobs, communities and livelihoods. Coal was the black gold which kept the country going. Coal miners were the working class heroes, with the capacity to bring down a government or fuel the engine of the economy. After descending a coal mine in …