The Bank of England has held interest rates, but the real story is what happens next. Beneath its decision, pressure is building to raise rates again, and that could prove disastrous.
In recent months, the Bank of Japan has spent tens of billions of dollars intervening in currency markets to support the Japanese yen. At first glance, this may look like a technical financial issue.
Oil prices have surged—but the real crisis isn’t what you see on the surface. In this video, we break down why global oil markets still appear calm despite a major supply shock, and how hidden factors like falling inventories, limited spare capacity, and disrupted supply routes are masking a much deeper problem.
The recent collapse of Spirit Airlines in USA has sent shockwaves through the aviation industry, raising an urgent question. Could other low-cost airlines face the same fate? Spirit was long known as a pioneer of the ultra-low-cost carrier (ULCC) model offering extremely cheap base fares while charging extra for almost everything else.
When discussing global oil prices, it’s easy to assume that all regions are affected equally. After all, crude oil is traded on global markets with widely referenced benchmarks such as Brent.
The question of whether the world’s food supply is under serious threat has become increasingly urgent. With war in key agricultural regions, rising geopolitical tensions, climate volatility, and shifting trade policies, it’s easy to assume that a global food crisis is imminent.
In an era defined by climate volatility, geopolitical tension, and economic uncertainty, the resilience of the global food system has become a central concern. A new report, the Resilient Food Systems Index: Global Report, published by Economist Impact in March 2026, offers one of the most comprehensive attempts yet to measure how well countries can withstand and adapt to these pressures.
ECMWF and WMO report highlights impacts of climate change on people and biodiversity across the fastest-warming continent. Rapid warming in Europe is reducing snow and ice cover, while dangerously high air temperatures, drought, heatwaves and record ocean temperatures are affecting regions from the Arctic to the Mediterranean.
Why write 25,000 blog posts? Why make a video every single day? In this video, I explain what drives my work, why I have spent decades challenging mainstream economics, and why I believe much of what we are told about the economy is simply wrong. This is not about academic debate for its own sake.
Four crises are converging on the world's food supply. War has closed the Strait of Hormuz.
There are no immediate supply issues, but government is preparing now to give families long-term certainty and avoid unnecessary disruption. summer holidays to be better protected as government consults on relaxing flight take-off/landing rules, providing certainty for passengers and businesses lightning consultation launched to provide airlines flexibility to lock in flight schedules early, prevent last-minute disruptions and cancellations Transport Secretary reiterates passengers are entitled to be re-routed or refunded if their flight is cancelled by the airline Passengers will have their summer holidays better protected as government sets out plans today (3 May 2026), which will help cut the likelihood of last-minute flight cancellations this summer in the event of significant disruption due to ongoing global uncertainty caused by the Middle East conflict. The contingency preparations are designed to give families greater confidence when travelling this summer by enabling airlines to plan realistically and lock in schedules earlier so that people are less likely to be affected by short‑notice changes at the airport.
Police Scotland continue to see a rise in fuel thefts across all areas of the country. This can largely be attributed to recent fuel prices and speculation about fuel shortages. All types of fuel are being targeted from domestic heating oil to commercial fuels stored on farms and construction sites.
Across the UK, the high street is entering a period of quiet but significant change. Rising energy costs, strained supply chains, and shifting consumer habits are combining to reshape the economics of everyday food businesses.
The UK military and Gulf partners will be better protected against drone attacks following the successful testing of new British-built Skyhammer interceptor missiles and launchers in Jordan. New Skyhammer interceptor missiles and launchers, produced by UK start-up Cambridge Aerospace, successfully tested in Jordan.
When Donald Trump threatened to pull 5,000 U.S. troops out of Germany, many commentators treated it as another diplomatic flare‑up between Washington and Berlin.
Two months into the Iran war and the Strait of Hormuz is still mostly shut. Vessel traffic is running at a fraction of pre-war levels, with the patchwork of ceasefires, blockades and re-closures since February 28 not restoring confidence on the bridge of any tanker.
For decades, the tumble dryer symbolised convenience. It was the appliance that freed people from damp winters, endless laundry days, and the tyranny of the washing line.
Trade tensions between the United States and Europe have repeatedly centred on a familiar set of industries: cars, alcohol, and high-value manufactured goods. Under Donald Trump’s trade policy approach both during his first presidency and again in his more recent return to office—tariffs have been used as a strategic tool to pressure trading partners, protect domestic industries, and renegotiate trade terms.
There has been a recent increase in cold calls from companies offering solar panel servicing or wrongly telling people that they need to repair or upgrade their solar inverters or renew their warranty. One man was advised by a cold caller that he needed a new inverter box, costing almost £4,000, for his solar panels, as they were over ten years old.
In parts of Germany and Australia, a surprising thing is happening more and more often: households are being offered free electricity. This is happening at times of day when there are high levels of energy being generated from solar or wind.