*This is the first of two blog posts about the Gamestop ‘saga’ In January of 2021, a group of retail investors, armed with social media and trading apps, took on powerful hedgefunds, causing a surge in the stock price of GameStop. Today we will explore this topic, how it happened and the impact on institutional […]
The year 2023 has arrived, and many economists and analysts are closely watching the global economic landscape to determine what the future might hold. After a challenging year in 2022 with the war in Ukraine and its impact on economies, many are eager to see what 2023 will bring. In this blog post, we’ll take […]
What is monetary policy? The Bank of England is England’s central bank. A central bank can use monetary policy to affect the amount of money in the economy and the cost of borrowing. The bank uses two primary instruments to do this, the interest rate and quantitative easing. The interest rate is what the bank […]
*This is the first of a series of blog posts that will help you understand some of the key economics topics and the impact they have on our day to day lives The Bank of England is the UK’s central bank. The job of the bank is to maintain an inflation rate of 2%. The […]
The “cost of living crisis” refers to the fall in ‘real’ incomes (this is the money earned after taking into account the cost of inflation) that the UK has faced since the end of the last UK lockdown. It has mainly been caused by rising inflation and the increase in household bills. Graduates (adults usually […]
The Winter of Discontent was a phrase first used by some British newspapers and politicians to describe the winter of 1978-79 in Britain, when there were many strikes and economic problems. It was used to suggest that people were not happy with the way the Labour government was running the country. The same phrase is […]
In the last blog post I talked briefly about the pandemic and its impact. This time I would like to touch on a subject much closer to my heart…Shopping and a cheeky Nandos! My ‘local’ shopping centre is the Trafford Centre. It’s a huge complex on the M60, making it easy to get to from […]
The coronavirus pandemic has swiftly spread worldwide, claiming the lives of many adults and children and showing that no one is safe from its effects. Yorkshire’s towns and cities are among the hardest hit financially, with the region’s economic output dropping by £170 million per day during the lockdown. A simple walk around Yorkshire’s high […]
Néos Economist 