Economics You Can Actually Use
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COVID Consequences Still awaits for Reeves
With Super Thursday fast approaching, it is widely anticipated that the Bank of England (BoE) will announce its plans to unwind its Covid quantitative easing portfolio, which was a key tool used to ease further economic downturn. Rachel Reeves will find an extra £4 billion for her budget if the BoE decides to stop selling…
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Britain’s cheapest supermarket plans to raise prices this Autumn
Aldi have stated that any tax raids on supermarkets will inevitably lead to price rises for households. This comes as a warning from Mr Hurley, Aldi UK Chief Executive, noting that any further increases in employer costs could lead to higher food inflation. The upcoming Autumn budget has created uncertainty among many UK sectors, fearful…
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14/09 – This Weekend’s Catchup
Is the language English British or American? Inflation sticker than sticky toffee pudding Who’s next in the firing line, Reeves? What To Look Out For: If you were in the Federal Reserve committee, this Wednesday, what would you vote for? A 0.25 basis cut or 0.5 basis cut. Let me know in the comments. Thanks…
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Private Beefs With Public – Reeves’ Taxation Conundrum
Over the past few days, this blog and other business articles have focused heavily on which sector Reeves will pull the plug on. Will it be banking or will it be public? Barclays Chief Executive, CS Venkatakrishnan, spoke on his concerns about taxing the banking sector as a way to fill the fiscal deficit. His…
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Get Ready for a Federal Surprise – What You Need to Look Out for
US inflation rose by 2.9% in August, as the effects of the tariffs begin to creep in. With a weakening labour market and falling US confidence, what direction the Federal Reserve choose is the big question. A rate cut is expected later next week, with a 0.25 point most likely despite Republicans pressure for something…
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How Your Pockets Could Be Heavier By The End Of The Year
The unexpected drop in the jobs report for August of just 22,000 added in the US suggests how the job market stalled for a brief moment. With tariffs being the benevolent factor, could sticky inflation be a factor to consider as well? Sticky inflation is a period of persistent inflation ineffective to tools such as…
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Bleak Oil Pours Down on Investors
Over the past few months, the price of crude oil has stabilised around $50 per barrel. Households will be happy with this since it means stable prices for products linked to oil, such as sunflower oil or fuel. However, many businesses that rely on crude oil have faced constraints on their revenue due to lower…
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Taxes Do Damage……
The £25 billion increase in payroll taxes has proven to be unpopular among American investors. With US confidence in the UK falling from 7.8 in 2021 (out of 10) to 6.2, many investors are showing signs of uncertainty in the UK economy. What does it mean to you? Investment coming from externally (outside of the…
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07/09 – This Weekend’s Catchup
Crash-out for Trump Poor US Jobs Data dents Trump’s policy TFL Strike puts London on hold Want to Look For: US inflation data due Thursday – definitely keep an eye on this since it sets the course of future rate cuts UK GBP data due Friday – will this August’s record summer keep Reeves in…
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Why You Should Be Worried About the US Labour Market
Every first Friday of the month is an important day for economists and investors. It is the day when the latest jobs data is released for the previous month. Today was a grim day for Trump. Just 22,000 jobs were added in August, showing the effects of the tariffs on the US economy. Tariff-sensitive industries…
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