Blog Archives

Reflections

There is some political reflection filtering out from CCHQ at the moment about what caused them to perform so poorly in the general election. Something the Conservatives aren’t really getting is that the reason Corbyn’s support surged is that people

Tagged with: , ,
Posted in Uncategorized

Brexit benefits

http://www.bbc.co.uk/news/business-39576856 Check out the graph on that page. In the last seven years, five of those have been spent in negative real wage growth. Just as we started to pick up into the positive axis, we decided to brexit which

Tagged with: , ,
Posted in Uncategorized

Risk

Here are what I see as the big risks of brexit, in no particular order: 1. Lower immigration leads to an increasingly top-heavy population in that we have fewer young workers to support old non-workers. Young people’s pay has been

Tagged with: ,
Posted in Uncategorized

Growth

Exciting economic growth figures: 2% growth in 2016, 0.6% in the last quarter. In social media there is a lot of pro-Brexit sentiment over these figures. In other words: “Our economy is working pretty well, let’s completely change it” –

Tagged with: , ,
Posted in Uncategorized

The market can stay irrational longer than you can stay solvent

Today we are getting lots of news reports saying the economy is doing very well post brexit with everyone patting themselves on the back for ignoring the experts. On 24th June I woke in an alternate universe. I now learn

Tagged with: , ,
Posted in Uncategorized

Bias

Recently we have had a lot of brexiters being very eager to point out that the total collapse of the UK economy has not yet happened and things are looking good because certain companies are creating jobs in the UK.

Tagged with: , ,
Posted in Uncategorized

Salary growth, or lack thereof

There’s been some bad and unsurprising news about Britain’s total lack of wage growth in the last 10 years. It’s worth mentioning here that Britain’s wage growth in this time frame has been worse than every single other EU country

Tagged with: , ,
Posted in Uncategorized