Economics

By Stephen Angus Peter Junor Since economic reforms implemented by Deng Xiaoping in the late 1970’s, urbanisation in China has been relentless and it shows no signs of slowing down. Poor economic policy along with labour and market restrictions had previously suppressed urban growth, but since then China has developed into a major economic and political power. The city remains the hallmark of urban growth and the development of new cities has been rapid.  In 1978 there were 191 cities in...

by Valentina Magri According to IMF forecasts, Britain will enjoy a bigger increase in GDP than any other country in Europe after being upgraded from 1.9 per cent to 2.4 per cent. But there are at least four risk factors that may weaken the recovery. Puzzling politics There is a complicated political background to deal with this year. To start with, David Cameron has promised British people “reform first, referendum second” over Europe exit by the end of 2017. The...

By Adam Walker, Economics Correspondent A Northerner’s Perspective London is an economic powerhouse, a hub of global headquarters and a melting pot of cultures, but is it a drain on the rest of the UK? Recently there has been a lot of speculation and debate surrounding the question of whether London has a positive or negative influence on the overall UK economy with heavyweights such as The Times’ David Smith and Vince Cable contributing their own analysis. Research by the Centre for...

By Adam Walker, Economics Correspondent Since the financial crisis hit in 2007 there has been a great deal of debate concerning the culture of big business capitalism and the demonisation of the financial industry. The elitism associated with the banking industry, coupled with accusations of political bias, immunity from punitive action and excessive bonus schemes has been the main target of people’s anger, many claiming that the financial sector is out of control when compared with other industries. However, are these...

Kerry Lister-Pattinson – 28, founder Making Winter Warmer I'm the type of person who really feels the cold. One especially freezing November night in 2013 a thought popped into my head; 'what must it be like for people living on the streets?' It was that thought that led me on to launch Making Winter Warmer for those Without. My idea was simple, to collect warm clothing that my friends no longer needed and to get them to the people who do....

By Adam Walker, Economics Correspondent Politics & Economics: Two Forces Pulling Against Each Other Following the US Government shutdown in late 2013 there has been speculation surrounding the fragility of global economic wellbeing when it is at the mercy of party politics, in particular when a few idealists manage to halt the entirety of a democratic system through a reluctance to compromise. However, the bigger question is whether politics and economics will ever be a successfully functional partnership in a democratic...

By Pieter Cranenbroek – International Politics Blogger The new year has only just begun but whatever optimism people may have had at the turn of the year, it most likely will have vanished into thin air thanks to our wonderful Chancellor, George Osborne. Although Britain is slowly showing signs of economic recovery, the success of the next 20 years highly depends on whether the British government decides to counter the ongoing social polarisation. Overtaking the French and German economies will be...

By Valentina Magri Languages and China European languages are no more rewarding than those from further afield. At least, that’s the opinion of prime minister David Cameron, who said on his return from the trip to China: “By the time the children born today leave school, China is set to be the world’s largest economy. So it’s time to look beyond the traditional focus on French and German and get many more children learning Mandarin”. The reason is simple: Britain...

By Jack Peat, Editor of The London Economic Twenty fourteen has begun with a shameful dose of xenophobia as 'floods' of Romanian and Bulgarian immigrants 'invade' British shores, pillaging our lax benefits system and 'robbing' hard-working Brits of much-needed employment. Scaremongering and sensationalism are commonplace in the dark corners of the British media, particularly among publications which use it as a life line to dupe those with more fear than sense to disperse with their 50p pieces. As economic uncertainty...