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Category: General Interest

Theresa May and Immigration

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06 Sep 2016
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Theresa May has promised some form of control over the number of people immigrating to the UK. She was criticised for not persisting on firmer immigration control promised by the Vote Leave campaign. Ukip and the leave campaign supported a points-based system for migrants, which allowed equal access to the UK according to migrants’ skills […]

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I want my Pound Back

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29 Aug 2016
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Johnson, Farage and Gove’s slogan for the Leave campaign, “I want my Country Back” might have given them 10 minutes of fame, but the current slogan of many economists might as well be “I want my Pound Back.” The story begins with a gamble. On 23 January, UK Prime Minister David Cameron took his chances […]

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UK Households Battling the Horrors of Debt

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23 Aug 2016
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With wages falling, more than a million UK families with less than £30,000 household income are struggling to get by. The TUC reported that 3.2  million households are in problem debt, 2.6 are in extreme debt, and the problem is increasingly worrying among working poor people. TUC’s general secretary, Frances O’Grady, said: “Families can’t continue relying on […]

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Triumph: Sterling Jumbs as Retail Sales Skyrocket

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18 Aug 2016
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Fears of a Brexit recession ease as more data on retail sales are released today rocketing the pound higher ($1.3154). On an annual basis, retail sales were 5.9% higher than in July last year. The ONS said: “Compared with June 2016, the quantity bought increased by 1.4%; all sectors showed growth with the main contribution […]

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Latest Unemployment Data

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17 Aug 2016
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Latest unemployment data (17 August) from the Office for National Statistics (ONS) relating to the three months from April until June 2016, before the Brexit vote, show that the number of people working increased. The numbers of unemployed and non-working people fell. According to ONS: “The employment rate (the proportion of people aged from 16 to […]

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UK Inflation Report Released Today

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16 Aug 2016
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  The exchange rate for the pound is currently €1.149 and $1.297 (16 August). On 16 August, inflation (CPI) data regarding the impact of Brexit were released. Inflation is measured by consumer price index (CPI) and is understood as the change in the prices of a fixed number of household goods and services which is […]

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Online and High Street Sales on the Rise

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09 Aug 2016
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July has been a sales month, the British Retail Consortium (BRC) has said! Good weather and discounts have lured shoppers to spend more money during the four weeks of July. Food and drink sales for barbecues and fashion sales were boosted due to sunshine. While these figures might warm the cold climate after the Brexit vote, […]

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Bank of England Cuts Interest Rates

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05 Aug 2016
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The Bank of England’s post-Brexit package of measures to prevent economic recession include cutting interest rates to a new low of 0.25%. While borrowers might be relieved, savers are angered since they have already been getting low interest rates. The bank has also announced plans to inject £60bn in electronic cash into the economy in order […]

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MacBook Air’s New Competitor is the Xiaomi Mi Notebook Air

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27 Jul 2016
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Xiaomi, a Chinese smartphone and smart device tech company—best known for its low cost smartphones—has just announced its first laptop today along with its new Redmi Pro smartphone at a press conference. This is the tech giant’s first laptop line. The Mi Notebook Air comes in two sizes: 13.3-inch and 12.5-inch. Both are  slim, with 1080p […]

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Verizon buys Yahoo for $4.83 billion

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25 Jul 2016
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One of the biggest telecommunications companies in the world, Verizon, headquartered in Basking Ridge, New Jersey, is buying Yahoo for $4.83 billion after buying AOL last year for $4.4 billion. Lowell McAdam, Verizon Chairman and CEO, said: “Just over a year ago we acquired AOL to enhance our strategy of providing a cross-screen connection for consumers, creators […]

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