George Osborne

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Textbook Economics: Why you can’t get a job

VAT

The VAT harmed industry

Wondering how the government’s economic decisions make it hard for you to find a job. Terence White explains…

The answer is simple.

First, it is vital to remember what the biggest expenditure of every business is: wages. Second, it is also important to remember what business need to make money: products and customers. Thirdly, we must also take into account what businesses aim to do: raise the standard of living by making money for themselves. We must also take note that an economy’s money is Continue reading

Thugz Mansion – Manchester and the Riots

Manchester riots

A scene from the Manchester riots

Reporting from Manchester, Alex Patnick examines the rioting that has broken out in the North West. 

By now, you may be bored of reading about the riots but I would like to ‘throw in my two cents’ as the Americans say. This site, and most of the press, has been concentrating on the London riots, but what about the rest of the country? There were riots in Birmingham on the last two nights, Manchester and Salford, West Bromwich and Wolverhampton. Continue reading

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