Recent Posts

Revival of smaller towns in UK

Britain is undergoing a regional renaissance. People have moved to Dorset from London and are holidaying in Suffolk rather than Spain. Call it the legacy of lockdown: Things are finally heating up outside of the capital. Demand for property in outer regions of the UK has surged, as has interest in domestic tourism. With England’s reopening on June 21 looking ...

Read More »

Rising wages herald an era of jobless growth

Current labour shortages might be temporary as workers re-enter the labour force over the next several months, but the higher pay they’re earning won’t be, given the tendency for wages to be sticky. That’s going to make this economic expansion different than the last one. An expansion starting with high wages and a constrained labour pool will encourage the creation ...

Read More »

And Big Oil finds the climate has changed

Over the past month, campaigners have been celebrating moves to get the world’s biggest oil companies to address climate change. In the US, shareholders of Exxon Mobil Corp overruled top management to appoint new board members dedicated to accelerating the firm’s transition away from fossil fuels. At the same time, in Europe, a court in The Hague ruled that Royal ...

Read More »
Send this to a friend