It’s pretty easy to talk about the problems with the UK economy – 18 years of low growth, stagnant real wages, low productivity, low investment, housing costs through the roof. The numbers don’t lie. If past trends had continued from 2007, average households would be at least £8,000 a year better off. If we could …
Labour's Big Budget GambleWatch this video on YouTube It was one of the biggest budgets in decades – Higher tax, higher spending, and more borrowing. Rachel’s Reeves hopes it will boost economic growth, avoid austerity and restore public services. But it is a gamble because if it fails to increase growth the UK will need …
Imagine an economy with high wages, low debt, public services which work, a short working week and free university tuition. It’s kind of the opposite to the UK, which has seen wage stagnation, growing debt, unaffordable housing and long waiting lists. How Danish Living Standards Surpassed UKWatch this video on YouTube This model economy does …
Denmark is an economic powerhouse with a GDP per capita higher than Germany, Netherlands and the UK. It is one of the richest countries in the world, but remarkably unlike Norway has no particular oil riches. Also, it has achieved its wealth despite having one of the highest tax rates in the world. What is …
Why Norway Became Rich From Oil But The UK Lost OutWatch this video on YouTube Norway and UK are neighbours, separated only by the North Sea, with its rich mine of oil and gas reserves, but whilst Norway has used its good fortune to become the richest country in the world. The UK’s oil bonanza …
In 1952 when Queen Elizabeth II came to the throne, the UK was a major economic power, but still reeling from the costs of the Second World War, with rationing and austerity still visible. The post-war period saw a remarkable rising living standards, strong economic growth and radical changes in the economy, but also saw …
The biggest absolute emissions of CO2 come from China and the United States. Source: World Bank CO2 emissions (kt) In recent years, China has accelerated past the United States and is the biggest polluter in absolute terms, (which is unsurprising given China’s population and fast economic growth. India is also catching up.) Biggest CO2 Polluters …
In the past two decades, the UK has experienced a steady flow of net migrants into the economy. The 2016 Brexit vote has led to a sharp fall in net EU migration, but to a large extent this has been offset by a rise in non-EU migration. This net migration has had a wide-ranging impact …