In 1979, Mrs Thatcher was elected Prime Minister of the UK. At the time, the UK was experiencing double-digit inflation, trades unions were powerful and there were signs British industry was becoming increasingly uncompetitive. Mrs Thatcher introduced revolutionary economic policies which had a deep impact on the UK economy. They were characterised by a belief …
Europe’s population is set to fall from 750 million to 570 million within six decades, and this will have profound economic and social costs. In the 1950s, 1 in 12 people were over 65, now it is 1 in 4. At the end of the century, it will be 1 in 3. Europe’s Fertility Crisis …
Recently I have been writing a lot about the economic crisis in the UK and the rest of the world. With inflation, rising interest rates and recession, it can all feel a little depressing. So this blog takes a very different view – looking at some of the unsung success stories of the past few …
The UK, along with many other countries, is experiencing a real cost of living crisis with inflation rising faster than average wages. The cost of living crisis is driven by higher transport costs, and energy and food prices, and this is forecast to continue to worsen over this winter. What are the various policies which …
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Despite the urgency of climate change and the rapid fall in the price of renewable energy sources, the world still relies on nearly 80% of its energy source from fossil fuels. Accelerating the shift away from fossil fuels will have large environmental and economic benefits, yet progress is much slower than we need. The problem …
Over the course of history, the world has seen rapid population growth. It has enabled a rich diversity of culture, technology and improved living standards. However, population growth is increasingly coming at a cost – in particular to the environment. High population levels are contributing to the depletion of natural resources and causing widespread pollution. …
In the past few decades, there has been a dramatic decline in global birth rates, with many developed economies seeing their birth rate fall well below the ‘replacement ratio’ of 2.1 – meaning that their population will be set to decline in future years. Italy gives a stark warning of the impact of a low …