Tag: energy

Is the “booming net zero economy” really a key driver of growth?

On Monday the Energy and Climate Intelligence Unit published a report by CBI Economics which generated plenty of uncritical headlines about the “booming net zero economy”. In particular, the report claimed that the total economic value (GVA) generated by the sector grew by 10.1% last year, and that this supported the equivalent of 951,000 full-time … Continue reading Is the “booming net zero economy” really a key driver of growth? →

No, our inflation problem is not due to Brexit

It is so much simpler to interpret the UK economy if you attribute every single problem to Brexit. But it is also wrong. Last week, for example, the EU statistics agency Eurostat released preliminary data suggesting that consumer price inflation in the euro area fell from 8.5pc in February to ‘just’ 6.9pc in March, including a … Continue reading No, our inflation problem is not due to Brexit →

Are sanctions on Russia failing?

Sanctions are the West's key weapon in the fight against Putin, but there are signs that Russia’s economy and financial system is weathering the storm better than expected. The rouble has already bounced back and Russia has been able to continue to service its debts, with only minor hiccups. A closer look however reveals that … Continue reading Are sanctions on Russia failing? →