What next for the global economy?

It was a disappointing beginning to 2018 for many major advanced economies. The UK endured a woeful start, with estimates suggesting gross domestic product (GDP) rose by just 0.1% in the first quarter, the weakest rate of growth since the final quarter of 2012. A similar picture of weakening growth emerged across the other major … Continue reading “What next for the global economy?”

Young and in debt

“Blessed are the young, for they shall inherit the national debt” – Herbert Hoover Today’s younger generation may well be discovering the truth of Hoover’s remarks as they adjust to living with the consequences of the 2008 banking crisis. Millennials – typically defined as those born between the 1980s and early 2000s – face lower … Continue reading “Young and in debt”