Sunset for the ‘Miracle Economy’: China grapples with poor confidence, debt and property crisis
Dixon talks about how China’s debt crisis, zero-Covid policy and structural problems have contributed to its economic slowdown.
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Dixon Junior Gao-Cheung
Not out of the woods: UK set to be 2nd bottom economy in G7 despite upgraded IMF prospects
In a world grappling with economic uncertainty, Dixon Junior Gao-Cheung sheds light on the recent IMF upgrade to the UK's economic prospects.
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Bank customers withdrew record amount of savings in May
On 29 June 2023, the Bank of England announced that in May, households had withdrawn £4.6 billion from bank and building society accounts net of savings, with the figure being the highest since records started. However, May’s large withdrawal figures are not part of a long-running trend, but rather a...
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Majority of students now in paid work as financial concerns mount
A recent survey of 10,000 students by Advance HE and the Higher Education Policy Institute (HEPI) suggests that the majority of university students are now in paid employment, increasing from 45% in 2022 to 55% in 2023. Furthermore, those in paid employment work a mean of 13.5 hours a week:...
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The UK risks missing its £11.6bn climate funding target
Dixon Junior Gao-Cheung discusses the UK government's climate funding pledge and the unfortunate reality that hinders its plan to fulfill it.
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The CPTPP is the UK’s biggest trade deal since Brexit, but how big is it really?
Dixon discusses the new CPTPP deal and what it could mean for UK's future in the economy.
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Warwick Manufacturing Group support programme set to boost Midlands economy
On Thursday 8 June, Warwick Manufacturing Group (WMG) published a press release celebrating the purported success of its Digital Innovation for Manufacturing programme (DI4M). WMG claims to have invested £10m as part of the initiative, culminating in a £220m boost to the Midlands economy. It was a five-year-long programme that...
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Mortgage rates rise to 6% risking “blow to millions of households”
On Monday 19 June, the average rate for a two-year fixed mortgage stood at 6.01%, stated financial information company Moneyfacts. Findings from the Resolution Foundation, a think tank aiming to raise living standards for those on low and middle incomes, suggest this figure is set to rise to 6.25% by...
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