Successful American and British military action against Houthi targets in Yemen may not achieve positive results without negative consequences. There are four seas that rule the supply chain world - the Caspian and its link to the Black Sea with its waterway to the Mediterranean with its canal to the Red Sea. This is a lot more than grain and oil b...
I have been following a select group of (mostly American) financial commentators since 2007, before the Global Financial Crisis. Their tone is even more sombre now. Charles Hugh Smith posted 'I Have a Very Bad Feeling About This' a few days ago, following it with 'No, Central Banks Won't Save Us This Time.' He has been warning for years that we sho...
The inflation rate was over 11 per cent last Autumn; in the mid-Seventies it surpassed 25 per cent. You would want to be protected against this rotting of your money, especially if you were a pensioner. Last month I explained how the Government's choice and operation of inflation indices for State benefits doesn't work. Now I want to show how, even...
Still Want to Rejoin? - Read This If you want still to rejoin the EU, ask yourself after reading about nearly four decades of IMF economic data, how in the name of good judgement anyone might want to do that. For those four decades the EU has been a graveyard for UK GDP along with the r...
Contrary to the Daily Telegraph's story today claiming that Britain's debt pile does not outstrip the EU's, Britain's is far lower, because the EU's is masked by creative accounting. The full extent of the EU's debts and other financial liabilities is detailed in my book recent book 'The shadow liabilities of EU Member States, and the threat they p...
There is an old saying for organisations that are over managed, which is: 'Too many chiefs and not enough indians'. No doubt such a saying these days falls foul of the P.C., woke, right-on campaigners and mad leftie nutters, who will want anyone cancelled for saying such a thing. However, as I stay clear of all social media as I feel it is the inte...
coThe economist Duncan Weldon has told the New Statesman's Will Dunn that 'Brexit is a "slow puncture" on the UK economy.' As former business editor of BBC's Newsnight and so presumably of the Left he received soft treatment by Dunn. Let us deflate his arguments a little. Clearly much of our difficulty with the EU post-Brexit is intentional on thei...
The Prime Minister advocates that the teaching of Maths should be a priority, although one suspects that he really means numeracy, as the ability to add up a few figures is more useful for the average person that knowing all about the calculus of the hyperbola. However the level of debate concerning economic matters in this country makes clear that...
By Barnabas Reynolds. The Brexit Freedoms Bill aims to end the special legal status of EU law. It will also simplify the removal of retained EU law. Here Barnabas Reynolds explains the advantages for the City – and the economy. The UK has recently been confronted with a series of adverse economic shocks – from Covid and the war in Ukraine, to the c...
nologThe COVID-19 pandemic had an unprecedented impact on companies across the world. In the two years since initial lockdown, far too many businesses continue to struggle to make a comeback. The Prime Minister of England has officially urged people to go back to their offices and normal work environments. His goal is to get everyone back to living...
GET ON YOUR BIKE No matter where we turn, it's the environment. It's the Earth! And like the Earth, my head is spinning from all of the information and the hypocrisy of private jet riding, elitist, globalists Davos attendees. However, I believe the answer is in the spin: spin the pedals. I believe it is time that we got on our bikes - especially th...
Is there a need for a rethink of the 21st century direction of travel of globalisation, the concept of a global village, 4IR, communitarianism and supranationalism, as conceived at the end of the previous century? Vulnerabilities of scale The devastating impact of the pandemic on economics, trade, logistics and the global supply chain, plus the imp...
Boris Johnson is often dismissed as a know-nothing on economics, and Rishi Sunak prides himself on being rather good at it. In his generally excellent recent Mais lecture, the Chancellor set out his vision for the UK economy. He aims for freeing up markets, improving regulation, and cutting taxes to incentivise investment, training and R...
Outputs from Spring Statement In advance of the promised reveal of the government's energy plan this week, let's start with the positives from Rishi Sunak's Spring Statement. 5 whole years of VAT free purchases on solar panels, ground and air source heat pumps. Not in Northern Ireland of course but they seem to matter less than ever to the Conserva...
The campaign for a referendum on Net Zero appears to be gathering pace, with Nigel Farage openly discussing its evolution on his nightly GB News programme this week. Accepting the premise of global warming and the need to avoid the Earth's temperature overheating has become a settled issue for many but not all. Ground source heat pumps, electric ca...
