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Alan Shipman

Alan Shipman

Lecturer in Economics, The Open University

Alan Shipman is a lecturer in economics at the Open University.

Research interests
Personal finance, currently focusing on the disintegration of insurance pools and the disincentives to household saving. Other active interests in: Chinese multinational business; impact of ‘academisation’ on knowledge; social economics; foundations of the market economy.

Election 2024: polling shows voters don’t believe the tax pledges

Jun 05, 2024 01:51 am UTC| Insights & Views Politics

The two main parties contesting the UK general election have been unusually cautious on their spending plans, despite urgent calls for more public funding to tackle crises in housing, social care and the...

The idea that US interest rates will stay higher for longer is probably wrong

Apr 15, 2024 10:39 am UTC| Economy

The 0.4% rise in US consumer prices in March didnt look like headline news. It was the same as the February increase, and the year-on-year rise of 3.5% is still sharply down from 5% a year ago. All the same, this modest...

Central Banking Series

If central banks don't start cutting them soon, it could actually increase inflation

Nov 01, 2023 07:03 am UTC| Economy Central Banks

What next for interest rates? The Bank of Englands Monetary Policy Committee (MPC) is widely expected to leave them unchanged when it meets on November 2, despite the fact that UK headline inflation is still at 6.7%. If...

Four ways the UK economy is being hampered by the private sector

Mar 28, 2023 14:25 pm UTC| Economy

The UK government has decided to go ahead with a rise in corporation tax in April 2023. The move is a clear reversal of the tax reduction which previous chancellors hoped would encourage output and innovation. The idea...

How to tackle the UK cost of living crisis

Aug 15, 2022 17:42 pm UTC| Economy

UK inflation, already at 40-year highs, could pass 13% in October, according to Bank of England forecasts. While wages have not kept pace with inflation, much of the expected squeeze on households and businesses is down to...

Inflation, recession fears and tax cuts: any new UK chancellor faces an unenviable in-tray

Jul 07, 2022 15:59 pm UTC| Insights & Views Economy

The flood of ministerial resignations from UK prime minister Boris Johnsons government in recent days started with Rishi Sunaks resignation as UK chancellor of the exchequer on July 5 2022, alongside health secretary Sajid...

Global Reflation Series

Inflation or deflation – which would be worse right now?

May 09, 2020 08:16 am UTC| Economy

Inflation among the 37 member states of the Organisation for Economic Co-operation and Development (OECD) fell from 2.3% in February to 1.7% in March. With all the damage to global health and economies inflicted by...

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Economy

Russia Poised for Aggressive 200 Basis Points Rate Hike to Tame Inflation

Russias central bank is set to raise its key interest rate by 200 basis points to 18% on July 26, according to a Reuters poll. The move aims to combat soaring inflation, currently at 9.2%, and cool the overheated...

China Cuts Key Interest Rates to Boost Economy After Disappointing Party Meeting

Chinas central bank has cut key interest rates to support the economy after a major Communist Party meeting disappointed investors by not announcing short-term stimulus measures. The rate cuts aim to bolster borrowing and...

Joe Biden Withdraws from Election, Asian Stocks Dip Despite China’s Rate Cut

Asian shares extended recent losses on July 22 despite Chinas rate cut, while Wall Street futures firmed after President Joe Biden withdrew from the election contest. This move is expected to influence economic and market...

Donald Trump's Tariff Threat Looms: China Faces Economic Decoupling Fears

As former President Donald Trump eyes a second term, Chinas economy braces for potential turmoil with new, severe trade tariffs anticipated. Analysts predict significant GDP declines and a dramatic decoupling from the U.S....

Politics

Kamala Harris’ Direct Approach on Abortion Poised to Influence 2024 Congressional and White House Races

With President Joe Biden stepping aside from the 2024 presidential race, Vice President Kamala Harris has taken the helm, bringing a forthright stance on abortion rights that Democrats hope will resonate with voters....

Hillary Clinton Champions Kamala Harris, Predicts She Will 'Prosecute A Compelling Case' Against Donald Trump

Former Secretary of State Hillary Clinton has called on Democrats to rally behind Vice President Kamala Harris as she prepares to face Donald Trump in the 2024 presidential race. Clintons editorial, published in The New...

Donald Trump 'Regrets' Choosing J.D. Vance as Running Mate Amid Joe Biden Withdrawal Controversy

Former President Donald Trump reportedly has second thoughts about his decision to choose J.D. Vance as his running mate following their poor handling of President Joe Bidens withdrawal from the 2024 presidential race. The...

Donald Trump Considered RFK Jr. for Key Role in Potential Second Trump Administration, Sources Say

Former President Donald Trump and Robert F. Kennedy Jr. engaged in multiple discussions this month, according to sources familiar with the conversations, exploring the possibility of Kennedy joining a potential second...

Science

SpaceX Completes Heat Shield Upgrade for Starship Ahead of Critical Flight 5 Test

SpaceX has completed a significant heat shield upgrade for Starship ahead of its fifth test flight. The upgrade aims to improve reentry safety following the issues from the fourth flight. A critical static fire test is...

SpaceX's New EVA Spacesuits Pass Testing for Historic Commercial Spacewalk

SpaceX has finalized acceptance testing of its new EVA spacesuits, marking a significant milestone for the Polaris Program. The suits will facilitate the first commercial spacewalk, led by entrepreneur Jared Isaacman,...

NASA and SpaceX Reveal $843M Plan to Deorbit ISS Safely in 2031

NASA and SpaceX have unveiled plans to deorbit the International Space Station by 2031. The $843 million contract awarded to SpaceX includes designing and constructing a deorbit vehicle to guide the ISS to its final...

SpaceX Reveals Cause of Falcon 9 Anomaly After Engine Failure and RUD Incident

SpaceX announced a liquid oxygen leak caused the Falcon 9s second-stage engine failure, resulting in a RUD. Despite the anomaly, the second stage was passivated successfully. SpaceX Identifies Liquid Oxygen Leak as...

Technology

Elon Musk ‘Surprised’ If Tesla FSD Isn’t ‘Unsupervised’ by Next Year, Predicts Regulatory Shift

Elon Musk foresees Teslas Full Self-Driving (FSD) technology becoming unsupervised by next year, reflecting his confidence in the systems development. Annual Predictions from Musk According to Elon Musk, it would...

iPhone SE 4 Mass Production Kicks Off This October, Early 2025 Release Expected

Apples iPhone SE 4 will begin mass production in October, with its release anticipated in early 2025. Apples Plans to Introduce a Cheaper iPhone Are Beginning to Take Shape With the iPhone SE 4 set to enter full...

Musk's Poll: Should Tesla Invest $5 Billion in xAI? Early Votes Show Strong Support

Elon Musk, CEO of Tesla, has launched a poll asking if Tesla should invest $5 billion in his AI company, xAI, with early results favoring the proposal. Musk Characterized the Poll as an Experiment Elon Musk, CEO of...

Tesla Triples Cybertruck Production, Aims for 2025 Profitability

Tesla has announced a tripling of Cybertruck production rates, with a target of profitability by 2025. Tripled Cybertruck Production to Drive Profitability As part of its Shareholder Deck for Q2 2024, Tesla revised...
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