Economics You Can Actually Use
-
Position Posted: Chancellor of the Exchequer
It has been a bleak start for Rachel Reeves. Reports of lying about her credibility, pressure from the Labour bench and pressure from business leaders. It is safe to say the latest budget would be her ultimate test; whether she can get businesses on board will be the biggest question to ask. The latest BoE…
-
Round 2: UK vs US – Bailey vs Trump
Trump’s chaotic term in the White House is causing rattling everyone, including the Federal Reserve. Whilst Jay Powell counts down his final days in office, Trump has stepped up his attack on the Federal team, threatening its independence. Why is independence important in central banks? Independence is important because it free central banks from politics.…
-
The break-up of the decade, your beloved household brand – Kraft Heinz
A marriage forged by Warren Buffett and 3G Capital has come to an end. With falling sales and a shift in consumer taste, what does that mean to ketchup lovers, and what can we learn from Buffet’s mistake? On a personal note, you and I knew that Heinz was the go-to brand for condiments like…
-
The three letters that haunt everyone: Tax. Why this Autumn is different
As summer holidays come to an end, households will now be shifting their focus towards the upcoming Autumn budget. Why is this Autumn different? Let’s have a quick recap of what’s been happening in the UK: Since Labour entered government, there has been a strong focus on reducing government debt, currently around £2.9 trillion (96%…
-
Why Weaker Manufacturing in China Could Spell Higher Costs For You
China’s latest PMI numbers fell below the threshold, to 49.4. → What is PMI? PMI, stands for purchasing manager’s index, measures the confidence of businesses in things like new orders, hiring and supply chains. A reading above 50 measures good confidence, whilst a reading below shows uncertainty. The global economy sees China as the powerhouse…
Get EconOddities delivered straight to your inbox — one post a day.
Econ Oddities 