Young adults in England have scored almost the lowest result in the developed world in international literacy and numeracy tests. A study by the Organisation for Economic Co-operation and Development (OECD) shows how England’s 16 to 24 year olds are falling behind their Asian and European counterparts.
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Are government bonds risky? This question arose a year ago, during a meeting with my bank. I wanted a low risk portfolio, but they noted that I did not want to hold UK government bonds. Whether it was the regulator who was insisting, or whether it was
Read more →Forget Scottish independence – in his blog for the Guardian this week Larry Elliot suggests that it is London that should devolve – a move he says that would bring an economic boost to the rest of the UK. He quotes some findings from our own Paul
Read more →In the whole of the 20th century, only a few countries managed to transform themselves and join the club of rich economies. Japan is the most prominent example. The key question for the first half of the 21st century is whether or not China will manage to do the
Read more →Autumn is fast approaching. The focus of the nation’s sporting interest is switching. No sooner have our boys humiliated the Australians, than a new challenge emerges in the shape of two important qualifying games for the soccer World Cup. The comedian Bob Doolally articulated the views of many
Read more →Some people are never satisfied. The evidence is mounting that the UK economy is now on the path to recovery. But to those who denied the possibility of any economic revival at all under the policies of “austerity”, this is simply not good enough. It is the
Read more →The views expressed by the new Bank of England Governor, Mark Carney, on interest rates and unemployment remain a hot topic. Interest rates will not be raised until unemployment falls below 7 per cent, a process he thinks will take three years. The perception which many people have
Read more →The new Governor of the Bank of England, Mark Carney, said last week that interest rates will not be raised until unemployment falls below 7 per cent, a process he thinks will take three years. The battle of Austerlitz in 1805 was one of Napoleon’s greatest victories,
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