Electric car deal Continuing with the same theme as my other electric car reports. I notice today that Germany’s Daimler and China’s BAIC Motors have done a ‘research and production’ deal to develop electric cars and batteries. It is estimated that in China by 2020 there will be some 5 …

Oil prices fall again The downward pressure on oil continues with Brent crude at around $48.00 a barrel. It followed reports of export data showing a rise in OPEC shipments. Prices in 2016 fell to a low of approximately $28.00 a barrel.

UK productivity falls The productivity of UK workers has fallen back to pre-financial crisis levels of 2007 a report by the Office for National Statistics (ONS) shows. Productivity has still not recovered to levels before the financial crisis. Stagnation Austerity measures, public sector pay, government spending all become much more …