Politics & Economics

Sovereign Debt Crisis: The economic consequences of COVID-19

In 2008-09 we had a financial crisis; a credit crisis that required immense levels of government intervention in global financial markets. In the case of the UK, this included hundreds of billions of pounds in quantitative easing and an effective elimination of positive interest rates. Several UK banks required direct injections of capital and one […]

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Italy opens proposals for new alternative currency

Stories have recently started appearing in the media that Italy, the third biggest economy in the Eurozone, has successfully passed initial proposals to create a currency alternative to the Euro, it’s current currency of choice. During last year’s elections, the ruling coalition ran on a platform of policies that toyed with the idea of returning

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The Big Four are a disaster for modern business

The Big Four accountancy firms; KPMG, Deloitte, EY and PwC are the four largest auditors of modern businesses. They also happen to have overseen the major corporate disasters experienced by Tesco and Carillion whilst declaring these companies to be fit to trade and properly financed. Sadly, despite these disasters, there seems to be a closed

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The hidden cost of financial illiteracy

There are many shocking statistics that highlight the seriousness of the financial illiteracy crisis in the UK. Recent reports produced about our country’s financial literacy highlight that only 38% of people understand inflation, more than 30% of people fail to carefully consider purchases, and that the average pension pot in the UK stands at less

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