Archive for the General Category

Stamp duty contortions and eco-warriors with private jets? Welcome to silly season

Stamp duty contortions and eco-warriors with private jets? Welcome to silly season

August is traditionally the silly season. Brexit makes this year slightly different, of course, but it is good to see a fine British tradition still being preserved. Silly stories abound. Sajid Javid was linked (erroneously, he now claims) with the idea of fixing the housing market by making

Read more

What was behind Friday’s National Grid outage? Network theory, not conspiracy

What was behind Friday’s National Grid outage? Network theory, not conspiracy

National Grid is getting a kicking in the aftermath of last Friday’s electricity blackout. Potential explanations swirl around both social and mainstream media. The system cannot cope with too much wind-generated electricity. The Russians hacked into the computers. A puzzling aspect is that the initial shock to

Read more

Retailers beware, the online shopping revolution isn’t going anywhere

Retailers beware, the online shopping revolution isn’t going anywhere

Another week, another retailer biting the dust. The baked potato specialist Spudulike has closed all 37 of its branches, with a loss of nearly 300 jobs. Shopping centres are undergoing a sudden and dramatic squeeze, with many retailers only able to stay in business if granted a

Read more

A gender equality lesson for the new cabinet from the world of academia

A gender equality lesson for the new cabinet from the world of academia

There has been much discussion on the gender and ethnic composition of Boris Johnson’s cabinet. The Channel 4 Fact Check site calculates that 33 MPs are entitled to attend cabinet. Of these, six – 18 per cent – are from an ethnic minority background. According to the

Read more

Citizens’ assemblies would hand power to establishment experts

Citizens’ assemblies would hand power to establishment experts

Citizens’ assemblies have become the height of fashion. The London borough of Camden is currently holding one on how to reduce carbon emissions in the area. Last month, Nicola Sturgeon announced plans to set one up to consider constitutional issues in Scotland. The Irish government’s one on

Read more

Relax, the UK (probably) isn’t heading for recession

Relax, the UK (probably) isn’t heading for recession

Immediate fears of a recession in the UK economy were eased last week with the latest Office for National Statistics (ONS) estimate of monthly GDP. The economy had shrunk in April, but growth resumed in May. This has not prevented widespread conjecture that a recession is imminent.

Read more

In the case of sugar, the nanny state really does know best

In the case of sugar, the nanny state really does know best

Boris Johnson created a furore last week by announcing that he was considering getting rid of the so-called sugar tax. Was he right to question the levy, or does it serve a purpose? Introduced in April 2018, manufacturers now have to pay more tax if their drinks

Read more

Puzzled over Australia’s shock election result? Economics can help explain

Puzzled over Australia’s shock election result? Economics can help explain

The surprise of the week was the re-election of the centre-right Coalition government in the Australian General Election. The Labor opposition had led every major opinion poll for the past two years. But Scott Morrison of the Coalition is still Prime Minister – and it is his

Read more

Hyperbolic discounting explains why the French are revolting over Macron’s fuel tax

Hyperbolic discounting explains why the French are revolting over Macron’s fuel tax

Economists have long argued that an effective way of reducing carbon emissions is by increasing taxes on energy consumption.

Read more

Britain’s stagnant regions are stuck in a monetary union trap

Britain’s stagnant regions are stuck in a monetary union trap

The Economic Statistics Centre of Excellence created a bit of a stir at the end of last week with its estimates of growth in the regions of the UK. Since the recovery from the financial crisis began during 2009, London’s economy has grown by 26 per cent.

Read more

Contact Us

56-58 Putney High Street, London, SW15 1SF
Phone: 0208 878 6333
Email

Subscribe to our newsletter

Visit Us On TwitterVisit Us On Linkedin