News Archive

26/5/2026

 
Net migration and asylum claims have fallen – here’s what the latest figures tell us

The latest figures on immigration to the UK show a sharp decline in net migration, which is now at its lowest point since 2012, excluding the pandemic years.   Data released by the Office for National Statistics and the Home Office covers the most recent changes in visas, small boat arrivals, asylum hotel use and overall migration levels.  

26/5/2026

US Attacks Again Bring Volatility Again To Oil Market

The latest swings in global oil prices show just how fragile the international energy market has become as tensions between the United States and Iran continue to collide with attempts at diplomacy.   Although peace negotiations are still taking place behind the scenes through Gulf mediators, military action has once again returned to the centre of events after the United States carried out strikes against Iranian-linked targets near the Strait of Hormuz.  

26/5/2026

 
What if the national debt is really the nation's savings? Doesn't that change everything? - Richard Murphy

What if the national debt is not a burden at all? What if it is simply the nation’s savings? Any sensible analysis shows that this so-called debt is no such thing: it's just a massive savings bank operation.   That sounds like a contradiction, but it is not.  

26/5/2026

UK Markets and Housing: Are We Nearing a Peak or Just Another Cycle?

Concerns about whether financial markets are reaching a peak and moving toward a crash are resurfacing again, particularly as valuations remain elevated in parts of global equities and interest rates have reset after a long period of cheap money.   But the UK picture is more nuanced than a simple “bubble or bust” narrative.  

25/5/2026

 
Top Economist: The Unthinkable Is About to Happen to the World Economy - Prof Steve Keen

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.  

25/5/2026

Former SNP chief executive Peter Murrell has now pleaded guilty to embezzling more than Ł400,000

Former SNP chief executive Peter Murrell has now pleaded guilty to embezzling more than ÂŁ400,000 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: ÂŁ459,046 had been embezzled.  

25/5/2026

 
Why are the rich still partying as an economic crisis approaches? - Richard Murphy

Oil prices are under threat.  Food supplies are becoming more fragile.  

25/5/2026

Scottish Pig Industry In Trouble As Some Farmers Leave The Industry

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.  

25/5/2026

The World Bank report State and Trends of Carbon Pricing 2025/2026 - Highland Council and Scottish Government

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.  

25/5/2026

Oil Price Drops Slightly As Optimism Rises For An End To Iran Conflict

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.  

25/5/2026

Should The Government Simplify Directing Everyone To The Cheapest Energy 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?.  

25/5/2026

People Are Drinking Less Alcohol Than A Few Years Ago

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.  

25/5/2026

Cosumer Confidence in USA Has Dropped But How Do Prices In UK and EU Compare To Them

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.  

25/5/2026

Health and Beauty products are keeping up their sales - Why?

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.  

25/5/2026

The Pension Wake?Up Call Britain Can’t Ignore - Why Everyone, Including the Self?Employed, Must Act Now

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.  

25/5/2026

 
UK and Australia pact on fast-moving AI security risks

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.  

25/5/2026

Fertilizer prices surge as Strait of Hormuz disruptions tighten supplies

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.  

25/5/2026

The $22 Trillion Shock - The Private Equity Bubble Is Ready to Explode

Lena Petrova discusses the inflated valuations of many private equity companies.   Will Private Equity shrink back and the cracks about to explode.  

24/5/2026

Children more likely than adults to live in private rented sector, as one-in-four young children now call the highest-cost, lowest-security tenure home

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.  

24/5/2026

Norway is boosting fossil fuel production so why is the UK not doing the same

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.