The major drop in commodity prices and the unpopularity of mining is causing exploration to stop and mines to be shutting down. The economic crisis that is affecting raw materials, when the global economy starts to recover, is likely to cause rapid price increases. Inflation, which has been dormant now for many years, will probably be a hot
Ten Largest Global Economies: Happiness Index since 2015
Out of the countries shown, the UK is perhaps the most confounding. Over the data period it has experienced significant political upheaval and societal division, centered around the Brexit vote. In 2016, the statistics suggest that Britain actually became happier and has remained on this trend until the end of the data period…
The Clash of the Titans Event: *Speakers announced!*- 5th December 2018
An unrivalled opportunity to hear economic experts detail their predictions for 2019…
Chart of the Week: 20th June 2018: Home Ownership vs House Price to Earnings Ratio
Last year saw the emergence of five London boroughs where houses ‘earned’ more in a year than their owners; most starkly in Barnet, where on average home-owners earned £54.6k net whereas their homes grew in value by nearly £107k.
Chart of the Week: Week 28, 2015: UK Housing Affordability
In this year’s edition of our annual chart on housing affordability in the UK (you can see last year’s chart here), the average house price has continued to grow to more than five times earnings, while mortgage affordability has started to improve.
Chart of the Week: Week 24, 2015: Employment and Earnings
After peaking at a new record level in March, total employment levels fell very slightly in April (but the trajectory remains promising), while real earnings have recovered somewhat in the last year.