AI and the Workforce
Imagine a world where robots and smart computers work alongside humans, changing the way we do our jobs. Well, that world may come sooner than we think with the rapid development of artificial intelligence (AI). Ever since its invention in the 1950s, AI has been getting smarter and more common in our lives, to the point where it can now interact with humans, such as … Continue reading AI and the Workforce
Why is Saudi Arabia pouring billions into Sports?
In recent years, Saudi Arabia has made waves in the sporting world, signing numerous football superstars like Ronaldo and Neymar while also hosting golf icons on the LIV golf tour. The substantial salaries offered make these deals hard to resist. But what motivates these significant investments? Saudi Arabia’s influence on sport has sparked global controversy, with many claiming that all of this will ‘calm down … Continue reading Why is Saudi Arabia pouring billions into Sports?
Could this be the greatest financial investment ever made?
In 2001, South Africa based Naspers made an investment in a relatively unknown Chinese firm named Tencent. This shrewd move has since become world renowned as one of the most lucrative and profitable “investments” in the history of investing. Naspers, a small, local multi-media holding company under the stewardship of Koos Bekker, invested $32 million in Tencent, acquiring a 46.5% stake. This early investment was a significant boost for Tencent, providing the financial support and lasting partnership needed to expand and develop its products. Thus it … Continue reading Could this be the greatest financial investment ever made?
The Trumps Strike Back, but why?
Populism – the ideology which divides most of an electorate against some ‘other’ elite – is primarily caused by economic marginalisation (the denial of an equal opportunity to participate in a domestic economy). To justify this, I will explain how pertinentmacroeconomic trends throughout the turn of the millennium have exacerbated this issue. Additionally, I will examine a panoply of additional theses for the rise of populism, and demonstrate why, although valid, they are not as pivotal as economic marginalisation in this regard. The best evidence … Continue reading The Trumps Strike Back, but why?
How can we control inflation?
Inflation, a persistent rise in the general level of prices, poses significant challenges to an economy. Controlling inflation is crucial for maintaining economic stability and safeguarding consumers’ purchasing power. High and persistent inflation has been a significant global issue over the past 18 months, with global inflation reaching 9.3% in October 2022. The UK, however, has been hit especially hard by inflation, with price increases … Continue reading How can we control inflation?
To what extent are Covid related supply chain disruptions permanent and what are their effects?
A supply chain is an interconnected network of individuals, companies, and resources involved in manufacturing, distributing, and selling a product to the final buyer. Supply chain management is a crucial process: an optimized supply chain results in lower costs and a faster production cycle for a company. The three national lockdowns have proved to have a detrimental effect on the UK’s economic performance. The pandemic presented unprecedented challenges to global supply chains, disrupting every part of the economy. Demand for certain goods greatly diminished, while others … Continue reading To what extent are Covid related supply chain disruptions permanent and what are their effects?
News Briefing – 12/12/2023
UK Economics A new methodology from the Office for National Statistics (ONS) for including rental prices into UK statistics points will be used in official inflation data from March 2024. The new methodology will increase the number of rental prices used to produce the figures to around 500,000 per year. Data released by mortgage provider Nationwide has revealed that house prices unexpectedly rose again in November, … Continue reading News Briefing – 12/12/2023
News Briefing – 27/11/2023
UK Economics Chancellor Jeremy Hunt delivered “the largest business tax cut in modern Britain”, worth £18bn, in his Autumn Budget; businesses now permanently have access to “full expensing”, the act of deducting the amount spent on capital from taxable profits. National Insurance rates on incomes below £50,250 were cut, among other taxes. The UK Supreme Court ruled that Deliveroo riders were not workers in an … Continue reading News Briefing – 27/11/2023
“Right to buy” Evolution or Revolution
In August 1980 during Margaret Thatcher’s first year in office, her government produced a Housing Act. Despite its lengthy and repetitive nature, its bold intention stood out: “to give … the right to buy their homes … to tenants of local authorities”. It proposed the idea that previously state-owned houses be sold back to the people. These homes were offered at 33% below their market value, … Continue reading “Right to buy” Evolution or Revolution
Do ethical companies deserve excess profits?
The Roman writer Publilius Syrus once wrote that “Everything is worth what its purchaser will pay for it”. This encapsulates the businessman’s mindset on a free market, as producers seek to market their product at the highest price consumers are willing to pay. On the other end of the transaction, the concept of homo economicus teaches us that the consumer always aims to maximise utility from a purchase … Continue reading Do ethical companies deserve excess profits?
