Aggregate total net wealth of all households in Great Britain was £12.8 trillion in July 2014 to June 2016, up 15% from the July 2012 to June 2014 figure of £11.1 trillion. Continue reading “This is how wealthy UK households are (as per the Office for National Statistics)”
How M & A activity and record stock buybacks have reduced share buying choices and further driven up stock prices
Businesses are bigger than ever. In terms of revenue, 69 of the 100 largest global entities are now corporations, not countries Continue reading “How M & A activity and record stock buybacks have reduced share buying choices and further driven up stock prices”
How much has Payment Protection Insurance or PPI compensation contributed to the UK GDP?
Banks in the UK have set aside £42 billion (US $59 billion) to cover Payment Protection Insurance or PPI compensation so far (starting 2011). We will look at how much has this compensation contributed to the GDP. Continue reading “How much has Payment Protection Insurance or PPI compensation contributed to the UK GDP?”
Why fewer everyday commuters are using the railway in Britain
6pm on a winter weekday at London Bridge Station, several passengers wait for the departure platform of their train to be displayed. Some of these passengers aren’t looking on the display board though, they are looking at their phones and tablets on a website – not the Train operator or Network Rail (the company that manages the railway tracks, signalling and other infrastructure) but another website Continue reading “Why fewer everyday commuters are using the railway in Britain”
If Cryptocurrencies contributed to economic data points such as GDP or global money supply in 2017 plus some other things
We look at what would it mean if Cryptocurrencies contributed to economic data such as GDP (via mining activity) or global money supply (as a currency) in 2017 and some more things, Continue reading “If Cryptocurrencies contributed to economic data points such as GDP or global money supply in 2017 plus some other things”
Underfunding, lower bond yields and changing demographics could mean you don’t get a state pension
A significant increase in life expectancy during the 20th century has been one of the greatest achievements for society. Better living standards, more nutritious diets, access to cleaner drinking water, Continue reading “Underfunding, lower bond yields and changing demographics could mean you don’t get a state pension”
How do Central Banks with zero or negative interest rates spend their money?
At the outset, here are the countries whose Central Banks have zero or negative interest rates, Continue reading “How do Central Banks with zero or negative interest rates spend their money?”
One chart that will make you wonder how a generation managed with high interest rates
Here is a chart of the Bank of England base rate from 1975 till date, Continue reading “One chart that will make you wonder how a generation managed with high interest rates”
Impact of interest rates in the US and the UK heading higher
What a difference a year makes, these are the current 10 year government bond yields, Continue reading “Impact of interest rates in the US and the UK heading higher”
This is how much the US dollar lost against major currencies in 2017 and 2018 (so far)
This is how much the US Dollar ($) has lost in 2017 and 2018 (till date), Continue reading “This is how much the US dollar lost against major currencies in 2017 and 2018 (so far)”