From Promoting Economic Pluralism
The Bank of England has raised interest rates for the fifth time in a row to 1.25% and set the scene to act more “forcefully” ahead because of a mounting …
Fifth consecutive hike as interest rate raised to 1.25% by Bank of England Read More
Interest rates are also set to increase and the UK GDP will fall, according to the Centre for Economics and Business Research [CEBR]. Their report looked into the possible impact …
Britons to be £2,500 out of pocket with record level of inflation to hit Read More
Researchers canvassing small businesses found that pay and price hikes are happening in tandem across economic sectors as the worker shortage persists into 2022. According to a new survey from …
Worker shortage means small businesses are hiking prices at fastest pace since 1974 Read More
Polite descriptions of Turkish President Recep Tayyip Erdoğan’s economic policies go something along the lines of “unorthodox” or “going against the grain.” Put more bluntly, his ideas appear to tap into …
Turkey’s economic gamble Read More
The Bank of England appears to have move a step closer towards increasing the cost of borrowing next month after its new chief economist, Huw Pill, said the UK’s recovery from …
BoE chief economist hints at rate rise but new Covid variant fuels doubts Read More
Emerging economies spar with U.S. over ‘carbon colonialism’ from Politico: GLASGOW, Scotland — The United States, the European Union and the U.K. drew a sharp rebuke on Thursday from developing …
Friday 12th – this week’s top economic news Read More
New Zealand’s central bank has raised interest rates for the first time in seven years as it tries to rein in property prices and inflation. The Reserve Bank of New …
New Zealand raises interest rates for first time in seven years Read More
A growing number of poor countries, some already in humanitarian crisis, will soon have to choose between servicing their lenders or helping their most vulnerable citizens, as the World Bank …
The debt crisis looming for poor countries Read More
There is renewed concern about the sustainability of rising debt levels in many African countries. Much of this debt is being incurred through foreign currency denominated Eurobonds issued on international …
African countries aren’t borrowing too much: they’re paying too much for debt Read More
The UK government’s debt payment burden is low and its ability to borrow at record low interest rates is an opportunity. But that ability to borrow needs to be used …
The Truth About The UK’s Debt Read More