Economy

Why luxury carmakers are now building glitzy skyscrapers

This trend of luxury carmakers venturing into high-end real estate, particularly glitzy skyscrapers, is a fascinating and strategic move driven by several key factors: 1. **Brand Extension and Lifestyle Integration:** * **Beyond the Garage:** Luxury brands are no longer just about a single product; they’re about an entire lifestyle. For the ultra-rich, a Bugatti or […]

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Economy

‘I had no electricity for six months’: US families struggle with soaring energy prices

This alarming report underscores a critical and worsening challenge facing US households, directly impacting their quality of life and financial stability. The anecdote of “no electricity for six months” highlights the dire consequences of rising energy costs, moving beyond mere inconvenience to a basic human necessity crisis. Here’s an in-depth analysis of the situation: ###

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Economy

The real impact of roadworks on the country – and why they’re set to get worse

The perennial presence of roadworks across the country is a visible symbol of a fundamental economic and social tension: the immediate pain of disruption versus the long-term gain of improved infrastructure. Assessing whether a country “has it right” involves weighing these factors, and frankly, for many nations, the balance is often perceived as precarious, if

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Economy

How tariff disruption will continue reshaping the global economy in 2026

The assertion that Trump’s import levies are *still* changing global trade patterns into 2026 is accurate. Tariffs, once imposed, rarely disappear without leaving a lasting footprint. Their disruptive force often triggers a cascade of structural changes that evolve over years, not months. Here’s how tariff disruption, originating from the Trump administration but now intertwined with

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Economy

How the defence sector is battling a skills crisis

The defence sector globally is indeed grappling with a significant skills crisis, and attracting younger workers is a critical facet of this challenge. This crisis threatens to impede innovation, delay critical projects, and ultimately compromise national security capabilities. Here’s a breakdown of why this crisis exists and how the industry is battling it, especially concerning

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Economy

Swedish workers trial ‘friendship hour’ to combat loneliness

**Sweden Pilots ‘Friendship Hour’ with Financial Incentive to Combat Workplace Loneliness, Signaling a New Frontier in Employee Well-being and Productivity** **STOCKHOLM –** In a novel initiative that could redefine workplace culture, Swedish companies are trialing a “friendship hour” designed to combat rising levels of loneliness among employees. The pilot project, a direct response to growing

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Economy

Budget 2025: What’s the best and worst that could happen for Labour?

Budget 2025 will be a defining moment for Labour, especially given the recent pre-budget turbulence with a tax U-turn and a partial climbdown on workers’ rights. It’s their clearest opportunity yet to set out their economic stall, demonstrate competence, and solidify their mandate as a government-in-waiting. Here’s a look at the best and worst that

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Economy

Has Britain’s budget watchdog become too all-powerful?

The question of whether Britain’s budget watchdog, the Office for Budget Responsibility (OBR), has become “too all-powerful” is a recurring debate, especially ahead of major fiscal events like the Budget. There are compelling arguments on both sides. ### Arguments for the OBR’s crucial role and power: 1. **Ensuring Fiscal Credibility:** The OBR was established in

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Economy