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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

Mexico-EU Free Trade Deal Signals Strategic Shift Away From U.S. Dependence

Mexico and the European Union officially signed a long-delayed free trade agreement aimed at strengthening economic ties and reducing reliance on the United States amid ongoing tariff tensions linked to U.S. President...

World Bank Emergency Funding Demand Surges as 27 Countries Seek Crisis Support Amid Iran Conflict

Twenty-seven countries have moved to unlock emergency financing from existing World Bank programs following the economic shock caused by the ongoing Iran conflict, according to an internal document reviewed by Reuters. The...

Trump-China Summit Yields Limited Progress on Trade and Tech Cooperation

US President Donald Trumps May 1315 visit to China ended with both nations agreeing to strengthen communication and pursue a constructive strategic stability framework, signaling cautious progress in US-China relations....

US Economy Fueled by AI Investment Faces Rising Risks Ahead of Fed Meeting

The U.S. economy continues to outperform most developed nations, supported by resilient consumer spending and a sharp rise in artificial intelligence investment, according to new institutional research from Citi. Recent...

Goldman Sachs Sees Stronger U.S. Dollar as Global Economic Gaps Widen

Goldman Sachs expects the U.S. Dollar to remain strong as diverging global macroeconomic trends continue to favor the American economy over other major regions. In its latest global research report released Friday, the...

Politics

Trump Weighs Taiwan Arms Deal as U.S. Denies Iran War Caused Delays

A source familiar with the matter said U.S. arms sales to Taiwan are not being delayed because of the ongoing conflict with Iran, pushing back against comments from a senior American official that suggested otherwise. The...

Trump-Lai Call Remains Uncertain as U.S.-China Tensions Over Taiwan Intensify

U.S. President Donald Trump has repeatedly suggested he may soon speak with Taiwanese President Lai Ching-te, but sources familiar with the matter say no concrete plans for a call currently exist. A direct conversation...

Marco Rubio Visits India to Rebuild U.S.-India Ties Amid Trade and Geopolitical Tensions

U.S. Secretary of State Marco Rubio arrived in India on Saturday for a four-day diplomatic visit aimed at strengthening the increasingly strained U.S.-India relationship. The visit comes as both countries attempt to move...

Xi Jinping Orders Full Rescue After Shanxi Coal Mine Gas Explosion Kills Eight

Chinese President Xi Jinping has ordered an all-out rescue operation after a deadly gas explosion struck a coal mine in northern Chinas Shanxi province, leaving eight workers dead and 38 others trapped underground. The...

Wang Yi to Lead UN Security Council Meeting and Visit Canada Amid Improving China-Canada Relations

Chinas Foreign Minister Wang Yi is set to travel to New York on May 26 to chair a high-level United Nations Security Council meeting, according to an announcement from Chinas foreign ministry on Friday. The diplomatic trip...

Science

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

Technology

SpaceX Starship V3 Test Flight Boosts IPO Momentum Ahead of Historic Market Debut

SpaceX successfully completed a major test flight of its upgraded Starship V3 rocket, marking a significant achievement for Elon Musks aerospace company as it moves closer to a highly anticipated initial public offering....

PDG Explores $1 Billion Sale of China Data Center Assets

Princeton Digital Group (PDG), a major data center operator backed by private equity firm Warburg Pincus, has reportedly launched a sale process for its China-based assets that could be valued at as much as $1 billion,...

Lam Research Expands AI-Powered Semiconductor Tools and Arizona Operations

Lam Research is accelerating its investment in artificial intelligence and advanced sensing technology to improve semiconductor manufacturing efficiency while expanding its presence in Arizona and California. The...

Texas Sues Meta Over WhatsApp Encryption Claims

Texas Attorney General Ken Paxton has filed a lawsuit against Meta Platforms and its messaging service WhatsApp, accusing the companies of misleading consumers about WhatsApps encryption and privacy protections. The...

Pentagon Expands AI Model Testing as It Seeks Alternatives to Anthropic’s Claude

The US Department of Defense is accelerating its evaluation of artificial intelligence models as it searches for alternatives to Anthropic PBCs Claude AI system, according to a Bloomberg report published Thursday. The...