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Economics

  • Consumer spending bounces back in August after mid-summer lull

    September 17, 2018

    British consumer spending rose in August after falling in July, according to data to be published today. Spending rose by 0.4 per cent in the month, after a decline of 0.9 per cent in July, according to the figures from card payments firm Visa. Expenditures have now increased in three of the last four months, [...]

  • How statisticians are trying to change the way we measure poverty

    September 17, 2018

    We can judge the moral fibre of a society by how it treats its least well-off members. That sounds like a reasonably straightforward idea. But knowing who the poorest people are is not as easy as it sounds. The traditional measure of poverty in the UK has been to consider a household as being in [...]

  • How statisticians are trying to change the way we measure poverty

    September 17, 2018

    We can judge the moral fibre of a society by how it treats its least well-off members. That sounds like a reasonably straightforward idea. But knowing who the poorest people are is not as easy as it sounds. The traditional measure of poverty in the UK has been to consider a household as being in [...]

  • Trump reportedly set to announce new tariffs on China

    September 16, 2018

    US President Donald Trump is preparing to announce new tariffs on imports from China worth $200bn (£153bn), according to reports. Tariffs of around 10 per cent will be imposed on electronic goods such as internet technology products, printed circuit boards, and other electronics, the Wall Street Journal reported, citing White House sources. A decision could [...]

  • Trump reportedly set to announce new tariffs on China

    September 16, 2018

    US President Donald Trump is preparing to announce new tariffs on imports from China worth $200bn (£153bn), according to reports. Tariffs of around 10 per cent will be imposed on electronic goods such as internet technology products, printed circuit boards, and other electronics, the Wall Street Journal reported, citing White House sources. A decision could [...]

  • Millennial salaries set to pick up after period of low growth post-crash, says think tank

    September 16, 2018

    Millennial workers should be looking forward to an upturn in their pay packets after 10 years of "tepid" growth following the financial crash, according to an influential think tank.  Despite average wages increasing 2.6 per cent in the three months up to July, growth is currently just ahead of the inflation rate.  But a study [...]

  • Millennial salaries set to pick up after period of low growth post-crash, says think tank

    September 16, 2018

    Millennial workers should be looking forward to an upturn in their pay packets after 10 years of "tepid" growth following the financial crash, according to an influential think tank.  Despite average wages increasing 2.6 per cent in the three months up to July, growth is currently just ahead of the inflation rate.  But a study [...]

  • What might trigger the next global financial crisis?

    September 14, 2018  |  City Talk

    Ten years on from the collapse of Lehman Brothers and the deepening of the global financial crisis, the world seems to be a safer place. Over the past decade there have been significant shifts in the world economy such that the imbalances that could lead to a crisis are less. The risks haven’t entirely gone [...]

  • China: We will not bow to US demands in escalating trade war

    September 14, 2018

    China will not yield to US demands in any new trade negotiations, claimed the state-backed China Daily newspaper in an editorial on Friday. "The Trump administration should not be mistaken that China will surrender to the US demands," the newspaper said in an editorial. The media outlet said that China was sincere about its efforts to [...]

  • China: We will not bow to US demands in escalating trade war

    September 14, 2018

    China will not yield to US demands in any new trade negotiations, claimed the state-backed China Daily newspaper in an editorial on Friday. "The Trump administration should not be mistaken that China will surrender to the US demands," the newspaper said in an editorial. The media outlet said that China was sincere about its efforts to [...]

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