24 h. ago Average person has £65 ‘forgotten funds’ lying in these places, says NatWest

Brits are unknowingly sitting on a ‘hidden treasure trove’

Economics

3 d. ago The real cost of climate change: Global warming could make the average person 40% poorer by 2100, scientists warn

Scientists warn that 4°C (7.2°F) of warming will make the average person 40 per cent poorer by 2100, while the average Briton will be 46.5 per cent poorer.

Events

4 d. ago Could antibiotics stop working? Yes – but the biggest danger isn’t prescription

To prevent a catastrophic failure of the drugs modern medicine relies on, look to animal farming in middle-income countriesIf the antibiotics we use to treat infections ever stopped working, the consequences would be catastrophic. It is estimated that the use of antibiotics adds about 20 years of life expectancy for every person worldwide (on average). As the King’s Fund put it, if we lose antibiotics, “we would lose modern medicine as we know it”. Doctors, public health experts and governments take the threat of antimicrobial resistance (AMR) very seriously, yet the problem appears to be getting worse.A report from the National Audit Office in February finds that out of five domestic targets set in 2019 to tackle AMR, only one has been met – to reduce antibiotic use in food-producing animals. Others, such as the target to reduce drug-resistant infections in humans by 10%, haven’t made much progress; in fact, these infections have actually increased by 13% since 2018.Prof Devi Sridh...

Politics

5 d. ago Average person will be 40% poorer if world warms by 4C, new research shows

Experts say previous economic models underestimated impact of global heating – as well as likely ‘cascading supply chain disruptions’Economic models have systematically underestimated how global heating will affect people’s wealth, according to a new study that finds 4C warming will make the average person 40% poorer – an almost four-fold increase on some estimates.The study, by Australian scientists, says average global GDP per person will be reduced by 16% even if warming is kept to 2C higher, , much higher than previous estimates of a drop of about 1.4%. Continue reading...

Events

1 week ago London and Glasgow residents top takeaway spending, averaging £23 per person weekly

New research highlights just how much money Brits are spending on takeaways - with some spending over £60 a month

Economics

3 w. ago 'Stop penalising the average person... how do you expect people to pay for it?'

The cost of a residents' permit is set to go up fro £35 to £45 per year

Politics

3 w. ago The left needs to abandon its miserable, irrational pessimism | Aaron Bastani

A hundred years ago the average person, in one of the the world’s wealthiest societies, could expect to live until 40. Now global life expectacy is 73At the start of the millennium it was widely presumed each successive generation would achieve a higher level of prosperity than the last. Today that is no longer the case. Just 19% of Americans expect their children’s lives to be better than their own, while two-thirds believe their country will be economically weaker by 2050.So our zeitgeist is increasingly one of pessimism, from anxiety about the climate crisis to concern over rising inequality. According to the historian Adam Tooze, we are living through a “polycrisis” – where such challenges are not only simultaneous but mutually reinforcing.Aaron Bastani is the co-founder of Novara Media. He is also the author of Fully Automated Luxury Communism Continue reading...

Politics