Francis Coppola

 The UK is running a trade surplus. No, really, I am not joking. This is from the ONS's latest trade statistics release:The UK total trade surplus, excluding non-monetary gold and other precious metals, increased £3.8 billion to £7.7 billion in the three months to August 2020, as exports grew by £21.4 billion and imports grew by a lesser £17.5 billionIt's the first time the UK has run a trade surplus since the late 1990s: And if you were thinking this was because of the lockdown, you would...

 The UK is running a trade surplus. No, really, I am not joking. This is from the ONS's latest trade statistics release:The UK total trade surplus, excluding non-monetary gold and other precious metals, increased £3.8 billion to £7.7 billion in the three months to August 2020, as exports grew by £21.4 billion and imports grew by a lesser £17.5 billionIt's the first time the UK has run a trade surplus since the late 1990s: And if you were thinking this was because of the lockdown, you would...

We are used to thinking of workers as free agents who sell their labour in a market place. They bid a price, companies offer a lower price and the market clearing rate is somewhere between the two. Free market economics, pure and simple. But actually that's not quite right. The financial motivations of workers and companies are entirely different. To a worker, the financial benefit from getting a job is an income stream, which can be ended by either side at any time. But to a company, a...

We are used to thinking of workers as free agents who sell their labour in a market place. They bid a price, companies offer a lower price and the market clearing rate is somewhere between the two. Free market economics, pure and simple. But actually that's not quite right. The financial motivations of workers and companies are entirely different. To a worker, the financial benefit from getting a job is an income stream, which can be ended by either side at any time. But to a company, a...

Another day, another takedown of claims made by women's state pension age campaigners. This time, it's figures for benefit claims by women in their early 60s. David Hencke claims that sharp rises in the number of women in this age group claiming unfit-for-work benefits (ESA and legacy incapacity benefits) proves that losing their state pension entitlement is wrecking the health of women in this age group. And he argues that this calls into question the DWP's recent victory in the Court of...

Another day, another takedown of claims made by women's state pension age campaigners. This time, it's figures for benefit claims by women in their early 60s. David Hencke claims that sharp rises in the number of women in this age group claiming unfit-for-work benefits (ESA and legacy incapacity benefits) proves that losing their state pension entitlement is wrecking the health of women in this age group. And he argues that this calls into question the DWP's recent victory in the Court of...

 To everyone's relief, the Government eventually caved in over the awarding of grades to A/AS level and GCSE students who had not been able to take their exams. The algorithm that awarded aspiring young people grades they did not expect and did not deserve was discarded in favour of grades set by their schools and colleges. But only if the grades awarded were too low. Those to whom the algorithm awarded over-high grades got to keep them. As a result, the rampant "grade inflation" that the...

 To everyone's relief, the Government eventually caved in over the awarding of grades to A/AS level and GCSE students who had not been able to take their exams. The algorithm that awarded aspiring young people grades they did not expect and did not deserve was discarded in favour of grades set by their schools and colleges. But only if the grades awarded were too low. Those to whom the algorithm awarded over-high grades got to keep them. As a result, the "rampant grade inflation" that the...

Digital Copy available free.

Digital Copy available free.