Blog

Uber: Is it good or bad for the UK economy?

Camron Aref-Adib - 20 June 2016 - Economy

Sadiq Khan’s pledge to have ‘a cap on the number of private hire vehicles’, has sparked further debate on whether the introduction of uber has had a positive effect on the UK economy. Currently, there are roughly 100,000 private hire vehicles in the capital – a 10% increase from 3 ...

International students are starting to stay away, but is that really what the UK needs?

Yi Lian Lee - 17 June 2016 - Education

Last year, international students were shocked with the news that they would be imposed with strict laws on their – already expensive – UK student visas, including being banned from working while studying. This news spread like wildfire among the community of international students on social media, where many have ...

The EU referendum: what would Keynes and Friedman do?

Camron Aref-Adib - 10 June 2016 - EU Referendum

John Maynard Keynes and Milton Friedman are arguably the two most significant economic thinkers of the 20th century. Many of their theories still dominate economic teaching at university, particularly their debate on whether increasing government spending increases output by more than a rise in the money supply. It is fair ...

The Retail Industry Is Rapidly Evolving, Can You Keep Up?

Yi Lian Lee - 09 June 2016 - Economy

In the last few weeks, Austin Reed and BHS have joined the list of casualties as a result of changes in the retail industry. Both have announced that they will close their stores in the last few weeks, the only exception being five Austin Reed concessions in Boundary Mills outlet ...

Generation Rent – should this be a concern?

Yi Lian Lee - 07 June 2016 - Infrastructure

According to the latest Homelet Rental Index, London rents are unsurprisingly the highest on average at £1543, and the average for the rest of the UK at £764. For most 16-24 year olds, this can be up to 81% of their average gross income once state housing benefit has been ...

The Refugee Crisis - the economic perspective

Camron Aref-Adib - 06 June 2016 - Immigration

Much has been made of the debate whether to take in more Syrian refugees into the UK in the aftermath of David Cameron’s hesitancy to take in children from European camps. In this debate, however, a key argument has been lost. There has been too much focus on the idea ...

The Treasury’s Brexit claims on housing are exaggerated and an unnecessary distraction

Daniel Mahoney - 02 June 2016 - EU Referendum

Among a series of claims in the Treasury’s short-term Brexit analysis were some quite startling projections about the potential impact on UK house prices. Relative to a vote to remain in the EU, the Treasury’s Brexit scenario estimates that UK house prices will be between 10 to 18% lower by ...

Europe or Bust? My recollections of the 1975 referendum

Jenny Nicholson - 01 June 2016 - EU Referendum

In 1975 I was involved in a non-political campaign to underline the “exciting advantages of the Britain’s continuing EEC membership”.  People for Europe appealed to those “unlikely to be inspired or impressed by politicians”.  “It will involve all kinds of other people – many of them famous, lots of them ...

Will endorsing Trump undo Paul Ryan's vision for the GOP?

David Cowan - 26 May 2016 - US Politics

The long road to November continues and GOP party leaders are beginning to come to terms with Trump as the presumptive nominee. Unity talks have been underway for a possible reconciliation between Trump and Paul Ryan, yet an endorsement has not been forthcoming.But endorsing, rather than rejecting Trump may be ...

If councillors reject the fracking application in Yorkshire, the Government must intervene

Daniel Mahoney - 23 May 2016 - Energy

Third Energy’s shale gas exploratory drilling application will be considered by North Yorkshire councillors today. To date, there has been a lack of exploratory drilling and hydraulic fracturing in the UK, meaning that we do not currently have a true assessment of the UK’s shale gas potential. This makes today’s ...

European climate change strategy: how to make simple things complicated

Benoît Petre - 04 May 2016 - Environment

Addressing climate change, and thus reducing drastically greenhouse gas emissions, will be one of the greatest challenges of the 21st century. The European Union is leading the way by committing to cut greenhouse gas emissions by 40% by 2030 (from 1990 levels). To reach this community-wide goal, each member state ...

Trump: a reality check for American Conservatism

David Cowan - 19 April 2016 - US Politics

As the outcome of the GOP nominee race remains uncertain with growing speculation of a brokered convention, American conservatism is at a crossroads. In much the same way that Jeremy Corbyn’s election as Labour leader was a repudiation of the Blairite-Brownite years, a Trump victory will be a reality check ...

Even Greenpeace admits it: Biomass power stations are expensive and useless in tackling climate change

Benoît Petre - 18 April 2016 - Energy

Wallonia’s regional government has just announced its intention to build a 200MW biomass power station. This facility is set to use wood-pellets imported from the United States to provide up to 7.5% of Wallonia’s total electricity consumption.Biomass power stations are not economically viable under current energy market conditions. As a ...

The UK’s Muted Productivity: The Retail Sector

Bharthi Keshwara - 13 April 2016 - Productivity

“Productivity isn’t everything, but in the long run it is almost everything”, (Paul Krugman, Nobel Laureate Economist).Britain is currently facing declining productivity – 20 percentage points below the average of the remaining six members of the G7 group of industrial nations. Productivity is the value each worker adds in every ...

The government needs to scrap the ill-advised international aid target

Daniel Mahoney - 04 April 2016 - International Aid

The Department for International Development (Dfid) has just published figures showing the UK’s international aid budget continues to grow exponentially. While some unprotected government departments face significant spending cuts, the international aid budget grew by over £500 million in 2015, taking the collective budget to £12.2 billion. There is particular ...