No-deal Brexit would plunge Britain into a recession, says OBR
August 15, 2019

Office for Budget Responsibility believes economy would shrink by 2% by end of 2020

A no-deal Brexit would plunge Britain into a recession that would shrink the economy by 2%, push unemployment above 5% and send house prices tumbling by Continue reading

Hammond plays down Brexit delay increasing chance of second vote
May 7, 2019

Time likely to be too tight for referendum before end of October, says chancellor

Philip Hammond has played down the possibility that the UK could use the delay to Brexit to hold a second referendum and stressed that he still Continue reading

Britain fell for a neoliberal con trick  even the IMF says so | Aditya Chakrabortty
November 5, 2018

The fund reports that Britains finances are weaker than all other nations except Portugal, and says privatisation is to blame, says Guardian columnist Aditya Chakrabortty

Columnists usually proffer answers, but today I want to ask a question, a big Continue reading

The Brexit economy: the storm clouds are gathering
November 8, 2017

Guardian analysis of key economic figures paints a picture of deepening gloom, with rising inflation denting consumer spending and investment

The Bank of England is seriously considering raising rates for the first time in 10 years against a backdrop of Continue reading

Saudi Arabia Just Announced Plans to Build a Mega City That Will Cost $500 Billion
October 25, 2017

Saudi Crown Prince Mohammed bin Salman announced plans to build a new city on the Red Sea coast, promising a lifestyle not available in today’s Saudi Arabia as he seeks to remake the kingdom in a time of dwindling resources. Continue reading