Donald Trump has made the biggest mistake in provoking a war with Iran. Steve Keen has been proved correct on many aspects of economy for many years.
Oil prices are under threat. Food supplies are becoming more fragile.
The main reason oil prices appear to have dropped today is growing market optimism that tensions between the United States and Iran may ease, reducing fears of a prolonged disruption to Middle East oil supplies. The question is whether the current talks lead to a solid agreement.
Farmers in Scotland’s pig industry are facing a combination of financial, processing, disease-control and market pressures, and farming organisations are now openly calling for help and intervention from the Scottish Government. There is currently an over supply of pig meat in Europe affecting prices.
A lot of people ask exactly that question, and on the surface it seems logical. If one company is cheapest, why not simply have the government publish the answer and let everyone switch automatically?.
Former SNP chief executive Peter Murrell has now pleaded guilty to embezzling more than £400,000 from the Scottish National Party over a period stretching from 2010 to 2023. The case was part of the long-running Police Scotland investigation known as “Operation Branchform.” How much money was involved? Originally prosecutors alleged about: £459,046 had been embezzled.
The World Bank report State and Trends of Carbon Pricing 2025/2026 says carbon trading and carbon taxes are becoming a major part of the global economy. Governments are increasingly using them both to cut emissions and raise money.
U.S. consumer confidence is dropping because Americans are being hit by persistent high prices, geopolitical shocks, tariffs, and a sense that inflation never really went away even though official inflation rates have cooled.
The World Bank Group’s fertilizer price index rose more than 12 percent in 2026Q1 (q/q), marking its sixth increase in seven quarters. By April 2026, the index had reached its highest level since October 2022, driven mainly by export disruptions related to the closure of the Strait of Hormuz.
The IWSR (International Wine and Spirits Research) has been consistently reporting a structural slowdown in global alcohol consumption growth, but it’s not a simple story of “everyone drinking less”. It’s more about how, what, and why people drink changing.
UK and Australia agree deeper ties to tackle AI risks. The UK and Australia agree deeper ties to tackle AI risks, with new partnership between the UK AI Security Institute and the Australian AI Safety Institute.
That pattern actually shows up quite consistently in retail downturns, and it comes down to a mix of psychology, affordability, and product type. Health and beauty products tend to behave more like “everyday essentials with emotional value” than discretionary luxury items.
Lena Petrova discusses the inflated valuations of many private equity companies. Will Private Equity shrink back and the cracks about to explode.
The UK Government’s latest report on retirement saving delivers a blunt message: millions of people are not saving enough for later life. It’s not a political point, nor a technical quirk of the pension system it’s a reality check.
The UK and Norway are now taking quite different strategic approaches to the North Sea even though both still need oil and gas. Norway has decided that fossil fuels remain central to its economy and Europe’s energy security for decades ahead.
The number of children living in the private rented sector (PRS) has almost tripled over the last quarter century, from 1.1 million children in 2000-01 to 3.2 million in 2024-25. As a result, children are now more likely than working-age adults to live in the PRS (23 per cent compared to 22 per cent) as it increasingly becomes a permanent tenure for many young families, the Resolution Foundation said on Saturday 23 May 2026.
the UK deliberately chose a competitive market model rather than a single regulated “best price” system — and changing that would require a major political and legal overhaul. Here’s what’s going on.
There is now fairly strong evidence behind the widely discussed prediction that the UK energy price cap could rise by around 13% from 1 July 2026. The main source is energy consultancy Cornwall Insight, whose forecasts are closely watched because they model Ofgem’s actual pricing formula.
The main change just announced in the UK tax system is a rise in the tax-free mileage allowance for people using their own vehicle for work journeys. From the 2026/27 tax year: The Approved Mileage Allowance Payment (AMAP) rate rises from 45p to 55p per mile for the first 10,000 business miles.
Applications open for operators to join the self-driving vehicles pilot scheme. Applications open for operators to run taxi, bus and private hire-style self-driving vehicles, in British first passengers could book journeys through operators later this year.