Sunak’s economic woes

The British economic outlook for 2022 looks bleak. Living standards are set to fall at the fastest pace since the 1950s as inflation reaches a thirty-year high; absolute poverty looks set to rise for the first time since the Great Recession. All eyes have been on the Chancellor of the Exchequer to relieve the economicContinue reading “Sunak’s economic woes”

Future of the Brazilian economy

“Brazil is the country of the future, and always will be”, the words uttered by French president Charles de Gaulle epitomised Brazil’s economic rollercoaster and struggle to realise its potential. Latin America’s largest country was often seen as a land full of success but also failure, opportunities and barriers, chances and setbacks. What started withContinue reading “Future of the Brazilian economy”

The Economic legacy of Thatcher’s government

Margaret Thatcher became Prime Minister in 1979 at a time of political and economic turmoil. The inflation rate had reached over 25% just three years prior, unions were striking at every possible opportunity, the country was in a mess. At the same time, economic growth had stagnated with unemployment reaching a 30-year high of 7%Continue reading “The Economic legacy of Thatcher’s government”

The British housing crisis

House prices in the UK have reached astronomical levels as they are now 65x higher than they were in 1970. The average house price has gone from £4,000 to £260,000 in the last fifty years. This growth greatly exceeds that of average wages that have only increased 36x in the same period. Such a disparityContinue reading “The British housing crisis”