Exchange of letters between the Governor and the Chancellor regarding CPI Inflation - December 2025
Exchange of letters between the Governor and the Chancellor
Many shoppers take a strange comfort of buying now and paying later – but it can come with a sting after Christmas
shutterstock BongkarnGraphic/ShutterstockIt’s that time of year again, and retailers are pulling out all the stops to get us spending – from Black Friday to new year’s sales.
How Europe’s new carbon tax on imported goods will change global trade – and our shopping habits
Image by pikisuperstar on Freepik, FALFor people living in the EU, the price of their next car, home renovation and even local produce may soon reflect a climate policy that many have never even heard of.
South Korea, Taiwan and Vietnam show that economic statecraft is not just the preserve of great powers
Make American shipbuilding great again (Masga) may sound like an effort by the US to bolster its economic strength and project power internationally, but Masga is not an American policy. It is a South Korean initiative that emerged following trade talks with the US in June.
Budget continues to outperform in Nov as taxes beat target by 334 mln
The budget primary balance produced a surplus of 12.65 billion euros up to November, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Wednesday.
Opinion polls suggest dispute with farmers has weakened ND's support
The ongoing dispute between the government and protesting farmers is taking a political toll on the ruling New Democracy party, according to the latest crop of opinion polls.
Planning your next holiday? Here’s how to spot and avoid greenwashing
Vincent Gerbouin/PexelsMore of us than ever are trying to make environmentally responsible travel choices. Sustainable travel is now less niche and more mainstream, with 93% of travellers in one survey
saying they would consider sustainable choices.
Russia’s war economy is not collapsing, but neither is it stable
Russia’s wartime economy is getting weaker as the war in Ukraine approaches its fourth anniversary, according to a recent report by PeaceRep, a research group led by the University of Edinburgh. The report, Against the Clock? Why Russia’s War Economy is Running Out of Time, finds that Russia is being forced to spend aggressively on the war, while its earning abilities have dropped significantly.
IFDP Paper: Inequality and Asset Prices during Sudden Stops(Revised)
Sergio VillalvazoThis paper studies the cross-sectional dimension of Fisher's debt-deflation mechanism that triggers endogenous Sudden Stop crises-i.e., episodes with large reversals in the current account. Analyzing microdata from Mexico, we show that this dimension has macroeconomic implications that operate via opposing effects. First, an amplifying effect by which households with high leverage fire-sale their assets during crises, increasing downward pressure on asset prices.
Index-linked Treasury Stock
Index-linked treasury stocks are gilts issued by the UK Government. They pay out twice a year, with the amount indexed to the Retail Prices Index.
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