“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

Zipcar reverses out of Britain: Zipcar, the car-sharing group owned by US rental company Avis Budget, is leaving the British market. The UK unit swung to a £4m operating loss in 2024 from a £303,000 p

Companies in the news ...and how they were assessed

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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