“The failure of economists to forecast recessions is virtually unblemished,” notes Prakash Loungani, assistant director at the International Monetary Fund (IMF). This includes the economists at the IM

There is good news and bad news about the prospects for the UK economy. First, the good news. The UK’s problems are relatively easily solved. A lot of money is pointlessly being thrown down the drain

How’s the trade war going? Short answer: as badly as expected. Capricious tariffs have shown the rest of the world that the US cannot be trusted. And they have pushed trading partners away and closer

Controversy of the week The Fattah fiasco “What ...

Paul Lewis breaks down the Chancellor’s changes to taxation when it comes to savings

The leisure sector is but part of the gigantic services sector, which accounts for roughly 80% of UK GDP. The latter encompasses everything from professional services such as solicitors and accountant