Explainers
Inflation is the sustained increase in the average price of goods and services in an economy. As price begins to increase, consumers' purchasing power begins to fall - meaning we can no longer buy the same value of goods for the same amount of money. The UK targets a stable
The Perspective
A system of government in which it is the people that rule, democracy strikes a delicate balance with ochlocracy, more commonly referred to as mob rule. A successful democracy draws this distinction, but to do so it must meet the following criteria (Dahl, 1998): effective participation, voting equality, enlightened understanding,
The Market
Introduction Traditionally markets have operated under the assumption that identical prices will be offered to all consumers for identical products regardless of data collected on that consumer. However developments in artificial intelligence and increase in actionable data held by firms has allowed the start of prices tailored to consumers. Personalised