DĂ©jĂ Vu
08/11/2025 by Tony Redondo Tuesday, 4 November. In an unusual move, Chancellor Rachel Reeves assembled a hastily arranged press conference at short notice just three weeks ahead of her second budget, due on 26 November. In October 2024, the Chancellor’s first budget statement increased tax by ÂŁ40 billion per annum on average and annual borrowing […]
Dumped
01/11/2025 by Tony Redondo Currency Exchange Rates Update The Pound Sterling was well and truly dumped in October, dropping against 98% of global currencies, its worst month since September 2022 (Truss/Kwarteng mini-Budget turmoil) and recording its worst monthly run in nine years against the Euro. Last month, the Pound lost nearly 1.6% in the last […]
Demographics
18/10/2025 by Tony Redondo According to the United Nations, India leads both the births and deaths charts with 23 million births and 10 million deaths, resulting in a net increase of 13 million. China ranks second for births with 9 million but experienced 12 million deaths for a net decline of 3 million. Nigeria comes […]
Pre-Budget Anxiety
11/10/2025 by Tony Redondo The Budget may still be over six weeks away but there seems no end to the anxiety and speculation as to what Chancellor Rachel Reeves will announce on the 26th of November. The respected NIESR (National Institute of Economic and Social Research) have warned Reeves that raising VAT would have a […]
AI
04/10/2025 by Tony Redondo Leading AI executives and thinkers share a stark message. People have approximately 18 months to retain their advantage over AI (artificial intelligence) in the workforce. AI is transforming employment in complex ways with 25-40% of jobs globally exposed to AI disruption. Job displacement is occurring in roles involving routine tasks, but […]
Inflation
27/09/2025 by Tony Redondo The OECD (Organisation for Economic Co-operation and Development) thinks the UK will be hit by the highest level of inflation of any major economy this year. The OECD expects the UK’s inflation problem to persist, ending this year at 3.5% and ending 2026 at 2.7%, a long way from the BoE’s […]
Tax
20/09/2025 by Tony Redondo Britain’s taxes are so high that putting them up again would cost more than they raise according to top US economist Dr Arthur Laffer, the brains behind the Laffer curve. Dr Laffer, who advised Mr Trump during his 2016 campaign and was formerly an adviser to Ronald Reagan and Margaret Thatcher […]
Debt
13/09/2025 by Tony Redondo The UK is the sixth most indebted nation in the world with a sovereign debt level a fraction below 100% of GDP (Gross Domestic Product). First place goes to Japan at 256%, then Italy at 135%, the USA at 119%, France at 110%, and Canada at 107%. At the bottom of […]
Musical Chairs
06/09/2025 by Tony Redondo A torrid first week of Starmer’s “phase two” reset of his government with three resignations and a wholesale cabinet reshuffle. It’s been like watching a game of musical chairs, only on the Titanic. First, Deputy PM, Deputy Leader of the Labour Party and Housing Secretary Angela Rayner jumped before she was […]
Dominoes
30/08/2025 by Tony Redondo Will it be France or the UK that triggers the next financial crash that sees a number of highly indebted countries economies fall like dominoes? France’s debts are out of control. There is no space left to raise taxes any further. The political establishment can’t agree on anything other than kicking […]