If student debt has increased by several times the rate of inflation, does that mean that the extra income universities must therefore have been generating has been blown on wasteful things like DEI hires and red tape exercises? And does your observation prove that with that business model no one wins?
Elephant in room mentioned for once , Brexit, UK stocks are still cheap for reasons, Brexit being one of the biggest, and the UK economy is going nowhere as things stand.
I think we've reached the point where inflation is being pushed upwards from high interest rates. Businesses are increasing prices in relation to increased taxes AND increased cost in debt payments. Rates being higher is a poison as much as it is a medicine
OOH inflation is at a record high, one big factor is high interest rates. Increasing cost on car purchases, credit cards, loans, mortgages. In canada lower interest rates is now driving down inflation.
As an academic in a university, my wages have stagnated ever since 2008.
If student debt has increased by several times the rate of inflation, does that mean that the extra income universities must therefore have been generating has been blown on wasteful things like DEI hires and red tape exercises? And does your observation prove that with that business model no one wins?
Elephant in room mentioned for once , Brexit, UK stocks are still cheap for reasons, Brexit being one of the biggest, and the UK economy is going nowhere as things stand.
I think we've reached the point where inflation is being pushed upwards from high interest rates. Businesses are increasing prices in relation to increased taxes AND increased cost in debt payments. Rates being higher is a poison as much as it is a medicine
Interesting
Hospitality is suffering…down 60% year on year…and about 30% higher costs in produce from pre cvd
OOH inflation is at a record high, one big factor is high interest rates. Increasing cost on car purchases, credit cards, loans, mortgages. In canada lower interest rates is now driving down inflation.
What period is wage growth covering? Had the effect of the NI rise started coming into those stats yet?