Inflation nearing double-digits, railways effectively nationalised, and ABBA set to go on tour. The country is closer to the 1970s than we would hope for. The spectre of stagflation looms, with the ONS announcing sluggish growth of 0.8% since the start of the year, and the economy contracting during March. To describe the outlook as […]
As the West pursues its campaign of sanctions, economists have hung up their grey suits and ill-patterned ties to be drafted in as our most powerful weapon against Putin. And they have proven remarkably effective, inflicting near half a trillion dollars worth of damage, slashing a third off the value of the rouble, causing shares […]
They are described by some as ‘Greta Thunberg’s nightmare’. Hydrofluorocarbons (HFCs) – man-made organic compounds, commonly used in refrigerators and air conditioning – can be upwards of 12,000 times more harmful to the environment than carbon dioxide. If you’re struggling to conceptualise that, think of the difference between a garden-variety firework and an atomic bomb. That […]
