For anyone hoping for an interest rate cut anytime soon, today’s inflation data will be… frustrating.
It’s not that CPI inflation (the annual rate at which prices are changing) isn’t coming down. It did: from 3.4% to 3.2% in Feb. But economists were expecting a bigger fall…

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UK monthly GDP growth of 0.1% in Feb. And Jan revised up from 0.2% to 0.3% growth. That recession, such as it was, v much looks to be over

A review into Ofsted's response to the tragic death of Ruth Perry absolutely has to be carried out by someone INDEPENDENT of Ofsted.

Otherwise, it won't have the trust of the profession, nor will we have faith in the process.

A former CHIEF INSPECTOR is simply unacceptable.

IMF warns BoE over keeping UK interest rates high due to fixed-rate mortgages theguardian.com/business/2024/…

Starbucks is in the frame again accused of tax avoidance, with the company paying just £7.2m in UK corporation tax last year out of a gross profit of £149m from sales of £548m #tutor2ueconomics #60secondeconomics #economics #starbucks #taxavoidance #profitshifting

BREAKING🚨
Teachers in England’s biggest teaching union National Education Union have voted in support of strike action in an indicative ballot over pay & school funding

Yes to action: 90.3%
Turnout: 50.3%
tes.com/magazine/news/…

Daniel Kahneman, who changed psychology and economics forever, dies at 90.

Thanks for everything.

We remember him in 10 great quotes:

When United Airlines refused to pay for his broken guitar, Dave Carroll released a complaint diss track. This resulted in the Airline's stock to go down 10%, about 180 Million, and the incident is a Harvard case study.

Brexit has mullered UK goods trade:
- both imports and exports hit
- down not just with the EU but also rest of the world
But bigger/wider effects than I'd have expected.

NEW: Doctors and experienced teachers have faced unprecedented pay cuts since 2007.

The gap between higher- and lower-paid public sector workers has fallen by more than a third since 2007.

Read Jonathan Cribb and Laurence O'Brien's Election 2024 report: ifs.org.uk/publications/r…

In 1709 Abraham Darby worked out how to use coking coal to smelt iron. Many see that as the birth of the Industrial Revolution.
So in a sense this marks the end of a 315 year stretch.
The blast furnaces at Port Talbot are still running, but are due to close by the end of the year

A big moment in Britain's industrial story happened today.
The coke ovens at the Port Talbot steelworks were closed.
This was where they baked the coal used to make millions of tonnes of steel.
What you're looking at here is the last coke ever made in the UK. Pix: Tata Steel UK

Since 2010 the UK has had the weakest GDP per capita, the lowest wage growth, and among the highest unemployment rates of any period of government since WWII.
Striking chart from the Resolution Foundation this morning 👇

Japanese commuters maintain a respectful silence during their journeys to work, showing a culture of consideration and personal space

The markets crashing in 2008.

Specialisation and division of labour.

This week the Big Four UK banks — Lloyds, NatWest, Barclays & HSBC — announced pre-tax profits of £44.3 bn - an average of 66% higher than in 2018.

Our analysis from Sophie and Positive Money's Simon Youel on the Big Four's windfall profits.

common-wealth.org/publications/l…

This team were managerless 6 days before the start of the season

They had 5pts from their first 6 in Prem

20 games later, Wolves are 8th in the Premier League & in line for a potential Europa Conference spot

It’s pretty incredible

#wwfc

my.chartered.college/impact_article…