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Edward Thomas Jones

Lecturer in Economics, Bangor University
Dr Edward Thomas Jones is a Lecturer in Economics at Bangor Business School, Bangor University, with professional experience of working in the private and public sector at senior level. His research, which mostly has a policy focus, is primarily in the area of financial economics and innovation in public and private finance.

As a student, he obtained an undergraduate degree in Mathematics and Economics, a Masters in Banking and Finance, and in 2009 was awarded a PhD in Economics having specialised in economic growth (all at Bangor University). Prior to his academic career, Edward held various private-sector positions in the Irish banking industry, with specific experience in financial and economic modelling and capital calculations. His work was used to aid Senior Management decision-making, forecasting, and pricing, as well as to meet the requirements of public institutions, such as the European Banking Authority (EBA) and the Financial Service Authority (FSA).

Shops can't save UK high streets but a dose of local character could help them thrive again

Oct 27, 2023 15:10 pm UTC| Business

Cratering consumer confidence and the collapse of major UK retailers like Wilko are causing concern about the future of the UK high street. Both of the major UK political parties proposed solutions to this challenge at...

Digital Currency Revolution

Welsh mining towns had alternative currencies 200 years ago – here's what the crypto world could learn from them

Jun 28, 2023 00:29 am UTC| Insights & Views Digital Currency

You can also read this article in Welsh. The global cryptocurrency market has seen a number of recent setbacks: from the collapse of the Terra/Luna system in May 2022 to the failure of FTX, one of the largest crypto...

Why UK inflation is so high compared to EU and US and what to do about it

Jun 03, 2023 03:30 am UTC| Economy

Britain has a bigger inflation problem than either the US or the eurozone, according to Bank of England policymaker Catherine Mann. The latest official UK inflation figures show UK price rises have slowed from double...

Central Banking Series

Bank of England interest rate rise: why this could be the last increase for a while

May 11, 2023 14:45 pm UTC| Economy Central Banks

The Bank of England has increased its benchmark interest rate to 4.5% the seventh rise since May 2022, when the base rate was just 1%. It is now at the highest level since 2008. The European Central Bank (ECB) also...

Central Banking Series

Stock markets have been a one-way bet for many years thanks to the 'Fed put' – but those days are over

Feb 23, 2022 22:38 pm UTC| Economy Central Banks

The prospect of a Russian invasion of Ukraine have sent the markets into a tailspin, compounding fears around inflation that have been building over the past few months. The SP 500 is trading at 10% below its recent...

GameStop: hedge fund attacks have opened up powerful new front against Wall Street

Feb 02, 2021 13:59 pm UTC| Investing

In the dying days of 2009, Rage Against the Machine achieved the unlikeliest of Christmas number ones with a re-release of their anti-establishment anthem Killing in the Name. This was driven by an online campaign to give...

Economy

[Editorial Cartoon] “Tariff Chicken Game” – U.S. and China Speed Toward Economic Catastrophe

Amid rising tensions in the U.S.-China trade war, this weeks editorial cartoon depicts a dramatic chicken game scenario, where two economic superpowers appear locked in a collision course with potentially devastating...

Trade War Escalates: China Fires Back with 84% Tariff on US Goods

China escalated the stakes of the trade war with America by imposing an 84% tariff on American products as a retaliatory measure to President Trumps recent tariffs on Chinese products. The retaliatory tariff which...

China's Treasury "Nuclear Option": Bluff or Reality?

If China were to sell its $761 billion in U.S. Treasury bonds, the immediate effects would be higher U.S. Treasury yields, which would rise by 30 to 60 basis points, raising the borrowing cost and cutting economic growth....

U.S. Tariffs Threaten Wine Retailers as Import Costs Soar

Wine retailers across the U.S. are bracing for impact as the Trump administration imposes a 20% tariff on goods from the European Union, with imported wine and liquor prices set to surge. Adam Williams, owner of Ansley...

BOJ’s Ueda Cautious on Rate Hikes Amid U.S. Tariff Uncertainty

Bank of Japan Governor Kazuo Ueda emphasized the central banks cautious stance on future monetary policy in response to heightened global uncertainties, particularly stemming from U.S. tariffs. Speaking to parliament on...

Politics

IRS Chief to Resign Amid Controversial Tax Data Sharing Deal with Homeland Security

The acting head of the U.S. Internal Revenue Service (IRS), Melanie Krause, is set to resign following a controversial agreement to share undocumented immigrants tax data with the Department of Homeland Security (DHS),...

Ken Paxton to Challenge Sen. John Cornyn in 2026 Texas GOP Primary

Texas Attorney General Ken Paxton has announced his bid to unseat fellow Republican Senator John Cornyn in the 2026 GOP primary. Speaking on Fox News The Ingraham Angle, Paxton declared his intention to bring stronger...

Trump Slams TSMC Subsidy, Threatens 100% Tax Without U.S. Manufacturing

President Donald Trump criticized the Biden administration for awarding a $6.6 billion subsidy to Taiwan Semiconductor Manufacturing Company (TSMC), arguing that semiconductor giants like TSMC do not need government...

Trump Moves to Block State Climate Laws to Boost Fossil Fuel Industry

U.S. President Donald Trump signed a new executive order on Tuesday aimed at blocking state-level climate laws that restrict fossil fuel use and promote clean energy. This latest move underscores Trumps ongoing efforts to...

Pam Bondi to Lead DOJ Initiative Defending Second Amendment Rights

U.S. Attorney General Pam Bondi is set to spearhead a new Justice Department initiative aimed at protecting gun rights under the Second Amendment, according to a memo reviewed by Reuters. The memo outlines Bondis plan to...

Science

AstraZeneca’s Imfinzi Gets US Approval for Bladder Cancer Treatment

AstraZenecas drug Imfinzi (NASDAQ: AZN) has received U.S. approval to treat adult patients with muscle-invasive bladder cancer, a significant advancement in cancer therapy. The approval allows Imfinzi to be used in...

Sanofi’s New Hemophilia Drug Qfitlia Gains FDA Approval with Breakthrough Bimonthly Dosing

The U.S. Food and Drug Administration (FDA) has approved Qfitlia, a groundbreaking hemophilia treatment by French pharmaceutical giant Sanofi (NASDAQ: SNY). Designed for patients aged 12 and older with hemophilia A or B,...

FDA Vaccine Chief Peter Marks Resigns Amid Controversy Over Transparency

Peter Marks, the U.S. Food and Drug Administrations (FDA) top vaccine official, has resigned after reportedly being forced out by the Department of Health and Human Services (HHS), according to The Wall Street Journal....

What are the chances an asteroid will impact Earth in 2032?

For a few days in mid-February, headlines around the world buzzed about the potential for an asteroid to hit the Earth in 2032 specifically, asteroid 2024 YR4. The chance of this impact rose to a high of 3.1 per cent on...

A new study reveals the structure of violent winds 1,300 light years away

The planet WASP-121b is extreme. Its a gas giant almost twice as big as Jupiter orbiting extremely close to its star50 times closer than the Earth does around the Sun. WASP-121b is so close to its star that tidal forces...

Technology

US Senators Question Microsoft and Google Over AI Cloud Partnerships

Two Democratic U.S. senators are pressing Microsoft (NASDAQ:MSFT) and Google (NASDAQ:GOOGL) for transparency over their cloud computing partnerships with leading artificial intelligence firms. Senators Elizabeth Warren of...

Telegram Fined $80K by Moscow Court for Extremist Content Refusal

A Moscow court has fined Telegram Messenger Inc. 7 million roubles (approximately $80,000) for refusing to remove content allegedly promoting extremist activities, according to Russian state news agency TASS. Court...

Samsung Posts Resilient Q1 Profit on Strong Chip and Smartphone Demand

Samsung Electronics reported a better-than-expected 0.2% drop in Q1 operating profit, reaching 6.6 trillion won ($4.49 billion), beating market forecasts of 5.1 trillion won. This resilience was driven by solid memory chip...

Meta Unveils Llama 4 Maverick and Scout, Boosts AI Ambitions

Meta Platforms (NASDAQ:META) has unveiled its latest AI modelsLlama 4 Maverick and Llama 4 Scoutcalling them its most advanced large language models (LLMs) to date. Designed as multimodal AI systems, they can process and...

Elon Musk’s Lawsuit Against OpenAI Heads to Jury Trial in 2026

Elon Musks high-profile lawsuit against OpenAI is set for a jury trial in spring 2026, as ruled by Judge Yvonne Gonzalez Rogers of the U.S. District Court for the Northern District of California. The case centers on Musks...