The Renaissance of English Wine: An Economic Perspective
Several news articles including this one from City AM have reflected recently that the English wine industry is experiencing an unexpected renaissance, with revenues soaring by 15% last year. This...
Fiscal Drag: The Stealth Tax Strategy Impacting Your Wallet
Fiscal drag occurs when tax thresholds are frozen, leading to increased taxable income without changing tax rates. This subtle mechanism results in higher tax revenues for the government as more...
Riding the Renewable Wave: The Economics of Solar and Wind Power
The greatest barrier to the global energy transition is cost. Despite international consensus on the need to reduce carbon emissions, fossil fuels like oil, coal, and gas continue to dominate,...
Warren Buffett, the legendary investor and CEO of Berkshire Hathaway, has been making waves recently by amassing a staggering $277 billion in cash while significantly reducing the company's stake...
Economic Resurgence at Rolls-Royce: A Triumph in Turnaround and Employee Empowerment
Rolls-Royce has announced a remarkable gesture of appreciation for its employees by gifting each of them shares worth over £700. This comes in the wake of a substantial business recovery that has...
The Economics Behind Morrisons' Freezer Temperature Boost
You’re walking through the frozen food aisle at your local Morrisons, and unbeknownst to you, a quiet revolution is taking place inside those freezers. Morrisons has decided to raise the...
Caffeine Inflation: The Soaring Costs of Your Daily Brew
If you've been wondering why your morning coffee fix is costing you more than it used to, you're not alone. New data shows that the price of a cup of coffee has increased by as much as 57% over the...
The recent decision by the Monetary Policy Committee (MPC) of the Bank of England to reduce the Bank Rate from 5.25% to 5% is a clear indication of the delicate balancing act central banks perform....
Becoming a high-income country is the dream of many nations, but for over 100 countries, this dream faces significant hurdles. According to the World Bank's World Development Report 2024, many...
Economic Winds Shift: Bank of England Cuts Interest Rates for First Time Since March 2020
The decision by the Bank of England (BoE) to cut base interest rates to 5% marks a turning point in the UK's economic landscape. This is the first reduction since the early days of the Covid-19...
Recent speculation about changes to inheritance tax (IHT) in the UK has sparked a significant debate on how best to balance revenue generation with fairness. Inheritance tax in the UK is charged at...
Greggs, the beloved and fast-growing UK bakery chain, has recently made headlines by increasing prices on select items, such as sausage rolls and cheese sandwiches. This move, though seemingly...
The UK government’s recent decision to levy a 20% VAT charge on private schools starting January 2025 has stirred a whirlwind of debate. This policy, anticipated to generate an extra £1.5 billion...
Economic Jigsaw: Ethiopia Floats the Birr
The choice of exchange rate system (regime) can be a crucial one for emerging and developing countries. Ethiopia's central bank has made a bold move by floating the birr, the national currency,...
Ice Cream Prices: Greedflation or Genuine Costs?
The recent surge in ice cream prices, with increases as high as 38%, has sparked a heated debate about "greedflation"—the idea that companies exploit economic crises to unjustifiably raise prices....
As the world pivots towards a more sustainable future, Africa stands on the brink of an economic transformation driven by the green economy. A recent report by FSD Africa in collaboration with the...
The concept of a Universal Basic Income (UBI) has captivated thinkers across the political spectrum. It promises a radical shift in the way we think about income distribution, work, and social...
A new report from the Competition and Markets Authority (CMA) sheds light on a significant economic issue: the increasing profit margins among fuel retailers, which are impacting consumers,...
The expansion of London's Ultra Low Emission Zone (Ulez) has sparked significant debate and delivered tangible results. According to a recent report by City Hall, the initiative has led to a...
In a major development for the financial technology sector, Revolut, a London-based fintech company, has finally secured a UK banking licence. This comes after a three-year journey filled with...