Labour’s economic plan is finally taking shape – but will it be enough?
Ever since Liz Truss’ fateful mini-budget of October 2022, the Labour party has enjoyed a commanding lead in the polls.
UK
Industrialisation is still vital to economic development but some countries are struggling to reap its benefits
SvedOliver/ShutterstockAlexander Hamilton, one of the founding fathers of the US, wrote a wealth of reports that served as building blocks for the country’s economic system. In 1791, during his time as secretary of the Treasury, Hamilton published one of his most important: the Report on the Subject of Manufactures.
What Ireland’s smoking ban 20 years ago can teach us about big changes to human behaviour
In March 2004, the Republic of Ireland became the first country in the world to ban smoking in indoor public places, including bars and restaurants.
US election: turning off TikTok is a big risk for the Democrats
Popular social media platform TikTok stands accused of holding US data in China, fostering censorship, and spreading disinformation. Its popularity poses a dilemma for US politicians, but especially Democrats who have heavily relied on the app to reach its core base of young voters.
John Lewis relies too heavily on its heritage – here’s what it could do instead
Road to recovery? Jevanto Productions/ShutterstockIn a tricky economic climate, the British department store John Lewis has managed to deliver some good news. The retail partnership – owned by its 80,000 employees – posted pre-tax profits of £56 million after a £234 million loss the year before.
Friend-shoring: what Biden wants to achieve by trading with allies rather than rivals
The tendency to move production and trade away from countries considered to be political rivals or national security risks and towards allies, so-called “friend-shoring”, is a hot topic among economists. The term popped up during the COVID pandemic, a time of significant disruption to supply chains, and gained further traction when Russia invaded Ukraine.
China: why the country’s economy has hit a wall – and what it plans to do about it
China’s annual parliamentary meetings in Beijing came to a close on March 11. They were conducted under great pressure: a weak economy and high expectations from both the domestic public and international observers as to what the government can do to get the economy out of the woods.
There are ways to improve the London Stock Exchange crisis, but they’re not pretty
Another week, another set of signs that the London Stock Exchange (LSE) is running aground.
The millions of people not looking for work in the UK may be prioritising education, health and freedom
Taking time out. pathdoc/ShutterstockAround one in five British people of working age (16-64) are now outside the labour market. Neither in work nor looking for work, they are officially labelled as “economically inactive”.
Buying your first home? Here’s how to increase your chances of getting a mortgage
Denphumi/ShutterstockApplying for a mortgage for the first time can be a daunting task. But there are several ways you can increase your chances of having your application accepted.
The outcome of a mortgage application largely depends on your deposit size, ability to repay and credit score. These are the factors that make you more or less risky in the eyes of the lender.
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