One in three UK workers uses generative AI on the job (36%). That's ahead of Germany (32%), France (28%), and Italy (26%), but behind the US, where 43% of workers have adopted it.
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The FT 1000 fastest-growing European companies list shows the UK still punches above its weight in Fintech, Financial Services and Insurance compared to European peers, while France and Germany perform better in Construction and Engineering.
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Economic uncertainty is surging as a top business challenge (32%), second only to labour costs, signaling growing anxiety about the macroeconomic outlook heading into 2026.
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UK total debt is 239% of GDP. Government debt remains above 100% after the pandemic, among the highest in the G7. Corporate debt is the lowest in the group at 61%, while household debt is 76%, which is higher than France or Italy, but below Canada.
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With geopolitical instability and supply chain pressures showing no sign of abating, UK households continue to face a persistent cost of living squeeze. A basket of six grocery essentials has risen sharply since 2021 and remains at historically elevated levels.
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The UK has the lowest investment rate among major OECD economies, and while investment has been falling across OECD countries since the 1970s, Britain has consistently sat at the bottom of the pack, hovering around 17-19% of GDP in recent years.
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UK real wages have barely grown since 2007: from $62,816 to $63,691 by 2024 (+1.4%). Meanwhile, the US rose 18%, Poland 63%, South Korea 46%, and the OECD average climbed. Ireland briefly overtook the UK in 2020 but fell to $60,431 by 2024, down 7.5%.
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From Q2 2024 to Q2 2025, the share of UK travelers visiting Europe rose by nearly 2 percentage points, while travel to other regions declined, especially for holidays, suggesting a shift toward cheaper trips closer to home.
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Brent Crude prices surged 40% in early March, peaking near $100/bbl after Operation Epic Fury began. While volatile due to Tehran’s leadership vacuum and refinery strikes, the closure of the Strait of Hormuz has sustained a massive risk premium not seen in the market for years.
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While Dynamic Asia more than doubled its GDP per capita since 2000 and Latin American peers saw significant gains, Mexico's GDP per capita have barely budged.
However, the levers for catch-up are known and initiatives like Plan México signal growing ambition to close the gap.
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UK nominal debt surged between 1987 and 2025. Holdings shifted dramatically: foreign and central bank ownership spiked post-2008, QE drove central bank holdings to peak around 2021, before unwinding. Pensions and insurance remain a stable but shrinking share of total debt.
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Population fears have flipped. Overpopulation dominated discourse around 1970 but has since faded. Today, ageing and dependency are the top concerns. The demographic concern never left, it just reversed direction.
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Population forecasts have failed to capture the decline in births. With every new release since 2010, the UN has revised down its previous forecast. These revisions show that populations are not only ageing, but ageing at an accelerating rate, and faster than previously expected.
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For the first time ever, more UK students are choosing Spanish over French at GCSE
Spanish entries have nearly doubled since 2004, rising from 70k to 137k. French, once the undisputed top language in UK classrooms with 320k entries, has fallen to 133k.
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Higher productivity broadly means higher household incomes across the UK, but not equally so. English regions with a GVA of £30–£40 per hour worked tend to out-earn Scottish regions at similar productivity, suggesting productivity gains don't translate uniformly to living standards.
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Measles cases in the US are surging to levels not seen in decades. By week 9 of 2026, the US has already reported around 1,200 cases, putting this year on pace to blow past 2025's alarming total of 2,200+ cases. A disease we nearly eliminated is making a comeback.
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UK productivity has stagnated since 2008, but the story varies by sector. From 2019 to 2025, sectors like IT increased productivity per worker, while the Finance and Insurance sector became less productive per worker. The net effect is slow productivity growth at just 2.8%.
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Global fertility has fallen to around 2.25 births per woman in 2023, down from around five in the mid-20th century.
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🤖 Does AI concern or excite you?
New polling from @pewresearch.org shows concern outweighs excitement almost everywhere.
In every country surveyed except Israel & South Korea, more people feel more concerned than excited about AI.
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Greenland’s Ice Sheet is melting. What’s the economic impact? 🧵
Since 1972, the Ice Sheet has shrunk by approximately 6,200 gigatonnes, a trend which accelerated markedly in the 1990s, and corresponds to an almost 18 mm rise in global mean sea level.
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Across the OECD, 50% of young adults still live with their parents – up 5% since 2006.
But this trend isn’t universal: in Austria, Finland, Estonia, Lithuania, Mexico, Slovenia and the USA, the share of 20 to 29-year-olds living outside the parental home has increased.
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Has Greater Manchester cracked the UK’s productivity puzzle?
Productivity growth averaged just 0.5% a year between 2008 and 2019 — then jumped to 3.3% post-2019. A staggering improvement.
But a closer look at the data raises questions.👇
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🇩🇪 Germany leads the G7 in renewable-energy employment, with 8,800 jobs per million workers.
🇬🇧 The UK ranks near the bottom — just above 🇯🇵 Japan — with 2,950 jobs per million in the sector.
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UK rents continue to climb.
The average private rent reached £1,339 per month in May 2025 –7% higher than last year.
🏴 England: £1,394 pm
🏴 Scotland: £999
Northern Ireland: £848
🏴 Wales: £799
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🇻🇪 What has happened to Venezuela’s economy since 1960?
For decades, Venezuela sat in the middle of the South American pack. Since 2014, its GDP per capita has fallen dramatically, while neighbours, especially Guyana and Uruguay, have continued to grow.
Why?👇
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🌟Merry Christmas!
Will you be eating Turkey today?
Turkey still rules the roost at the Christmas dinner table, with 57% of Britons having it as part of their main meal.
Source: YouGov Christmas Survey #ChartOfTheDay
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The Bank of England has cut interest rates to 3.75%, the lowest level since February 2023. The 0.25pp cut follows lower-than-expected CPI inflation of 3.2% in November. The BoE expects inflation to fall back towards its 2% target more quickly in the next 6 months. #ChartOfTheDay
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🎄Where does your Christmas tree come from?
The Norway spruce is by far the most popular variety, with over 8 million supplied to the UK in 2024.
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The UK unemployment rate has risen to 5.1% — its highest level since January 2021.
How does this compare with G7 peers?
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