What the budget means for the NHS
The NHS didn’t receive a great deal of specific attention in Rachel Reeves’ budget. She mentioned it, but in fairly general terms around plans to invest and cut waiting lists.
Ukraine’s peace talks reveal the risks of replacing diplomats with dealmakers
Recent reports about the role of Donald Trump’s special envoy, American businessman Steve Witkoff, in the Ukraine peace negotiations have raised wider questions about why political leaders turn to business figures in high-stakes diplomacy – and whether this can ever work.
What five years of evidence on hybrid working tells us about the future of employment
insta_photos/ShutterstockThe COVID pandemic accelerated remote and hybrid working practices across the world. It also provided evidence that these approaches could work for a wide variety of jobs.
Three reasons why China wants global green leadership after Cop30 – and two reasons it doesn’t
Ahead of the UN’s Cop30 summit, China appeared keen to take on the mantle of new global leader on climate change, stepping into the gap left by the US’s withdrawal from the top spot under Donald Trump.
In trying to understand what China wants from this role, it’s worth examining three areas motivating Beijing to take over leadership, and two others which it is trying to avoid.
The two-child limit failed – all it did was increase poverty
UK chancellor Rachel Reeves has taken decisive action in getting rid of the two-child limit – a policy that has held a totemic place in the UK for more than a decade. Since 2017, this policy has limited the means-tested support that families can receive from the state to the first two children in a household, with some specific exceptions.
How the financial markets reacted to the UK budget (and why they matter)
Who is Danny/ShutterstockRachel Reeves’s second budget landed in an unusual fashion. Before she delivered it, most of the key details had already been revealed accidentally by the Office for Budget Responsibility.
How ‘digital twins’ could help prevent cyber-attacks on the food industry
Earlier this year, a cyberattack on British retailer Marks & Spencer caused widespread disruption across its operations. Stock shortages, delayed deliveries, and logistical chaos rippled through the retailer’s network.
Monetary transmission with frequent policy events
We empirically examine the role of both official monetary policy announcements and policymakers’ speeches in the transmission of monetary policy to financial markets and the real economy in the euro area. Using intraday data covering a broad cross-section of financial assets, we construct the Euro Area Extended Monetary Policy Event-Study Database (EA-EMPD). We refine the identification of monetary policy surprises by exploiting granular, quote-level data on individual participants’ bid and ask submissions.
Monetary transmission with frequent policy events
We empirically examine the role of both official monetary policy announcements and policymakers’ speeches in the transmission of monetary policy to financial markets and the real economy in the euro area. Using intraday data covering a broad cross-section of financial assets, we construct the Euro Area Extended Monetary Policy Event-Study Database (EA-EMPD). We refine the identification of monetary policy surprises by exploiting granular, quote-level data on individual participants’ bid and ask submissions.
Will the New European Fiscal Rules Raise the Debt-to-GDP Ratio? An Analysis of the Italian Case
Investigations into the possible effects of the fiscal consolidations required under the new European fiscal rules on Italy’s debt-to-GDP ratio find that the new governance framework may lead to the pro-cyclical tightening, weaker growth and adverse debt dynamics that characterized earlier phases of EU fiscal governance.
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