The Guardian newspaper investigative journalist Amelia Gentleman, received an email from a charity with a message describing how the UK government was trying to deport a 61-year-old grandmother who had arrived from Jamaica aged 10, but had no documents to prove that she had entered Britain legally. Months of investigation revealed that this was not…
A Tunisian friend of Justin Marozzi told him, “I’m embarrassed to be an Arab these days. Everywhere you look there’s chaos, fighting, bloodshed, dictatorship, corruption, injustice, unemployment. The only thing we’re leading the world in is terrorism”. For centuries the caliphate was both ascendant on the battlefield and triumphant in the battle of ideas, its…
The Labour Party under the leadership of Michael Foot with the “longest suicide note in history” Labour’s 1983 election manifesto was deeply unpopular and it felt like a turning point in British politics. Margaret Thatcher had came power in 1979 with a daring plan to reverse Britain’s decline into shabbiness and chaos, as factories closed…
Former UK prime minister’s tenure as Conservative leader simply highlighted a warm-up act before another Bullingdon Club boy Boris Johnson, blagged his way to his days at the top. According to Johnson Cameron is genuinely clever and hard-working a “girly swot” but according to Cameron, Johnson who styles himself as the “Hulk” is a jealous…
The second quarter British economy shrank for the first time in seven years as stockpiling slowed and Brexit vagueness intensified and underperformed the Eurozone, the US and Japan where outputs continued to expand at rates varying from 0.2 per cent to 0.5 per cent. Output fell 0.2 per cent and down from a 0.5 per…
India is cutting its fiscal deficit to boost social welfare spending in a bid to spur growth and reclaim its title from China as the world’s fastest-growing big economy. Indian Finance minister Nirmala Sitharaman said yesterday, that the government would lower its fiscal deficit target to 3.3 per cent of gross domestic product for next…
This book gives us an incisive look at austerity measure that succeed and those that don’t by using pragmatic evidence to assess the effects of fiscal austerity through spending cuts versus tax increases and concludes the negative effect on output of spending cuts are far smaller than tax increases, by assessing costs only in terms…
Help to Buy was introduced by David Cameron’s coalition government in 2013, with the aim of helping more people to get on the property ladder, instead 63 per cent of people using the Government’s Help to Buy scheme could have purchased their properties without it, and 19 per cent were not first time buyers. According…
For the first times since the industrial revolution, China will be at the forefront of a major economic transformation – the advent of revolution in Artificial Intelligence according to Kai-FU Lee , former president of Google China and now a leading venture capitalist in Chinese technology. China’s “Sputnik movement”, when Google DeepMind’s AlphaGo defeated Ke…
Ruchir Sharma talks to farmers, shopkeepers and CEOs from Rajasthan to Tamil Nadu and interview both Narendra Modi and Rahul Gandhi offering intimate view inside the lives and minds of India’s people. Sharma also explains how the complex forces of family, caste and community, economics and development, money and corruption Bollywood and Godmen, have conspired…