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Alan Shipman

Alan Shipman

Lecturer in Economics, The Open University

Alan Shipman is a lecturer in economics at the Open University.

Research interests
Personal finance, currently focusing on the disintegration of insurance pools and the disincentives to household saving. Other active interests in: Chinese multinational business; impact of ‘academisation’ on knowledge; social economics; foundations of the market economy.

Election 2024: polling shows voters don’t believe the tax pledges

Jun 05, 2024 01:51 am UTC| Insights & Views Politics

The two main parties contesting the UK general election have been unusually cautious on their spending plans, despite urgent calls for more public funding to tackle crises in housing, social care and the...

The idea that US interest rates will stay higher for longer is probably wrong

Apr 15, 2024 10:39 am UTC| Economy

The 0.4% rise in US consumer prices in March didnt look like headline news. It was the same as the February increase, and the year-on-year rise of 3.5% is still sharply down from 5% a year ago. All the same, this modest...

Central Banking Series

If central banks don't start cutting them soon, it could actually increase inflation

Nov 01, 2023 07:03 am UTC| Economy Central Banks

What next for interest rates? The Bank of Englands Monetary Policy Committee (MPC) is widely expected to leave them unchanged when it meets on November 2, despite the fact that UK headline inflation is still at 6.7%. If...

Four ways the UK economy is being hampered by the private sector

Mar 28, 2023 14:25 pm UTC| Economy

The UK government has decided to go ahead with a rise in corporation tax in April 2023. The move is a clear reversal of the tax reduction which previous chancellors hoped would encourage output and innovation. The idea...

How to tackle the UK cost of living crisis

Aug 15, 2022 17:42 pm UTC| Economy

UK inflation, already at 40-year highs, could pass 13% in October, according to Bank of England forecasts. While wages have not kept pace with inflation, much of the expected squeeze on households and businesses is down to...

Inflation, recession fears and tax cuts: any new UK chancellor faces an unenviable in-tray

Jul 07, 2022 15:59 pm UTC| Insights & Views Economy

The flood of ministerial resignations from UK prime minister Boris Johnsons government in recent days started with Rishi Sunaks resignation as UK chancellor of the exchequer on July 5 2022, alongside health secretary Sajid...

Global Reflation Series

Inflation or deflation – which would be worse right now?

May 09, 2020 08:16 am UTC| Economy

Inflation among the 37 member states of the Organisation for Economic Co-operation and Development (OECD) fell from 2.3% in February to 1.7% in March. With all the damage to global health and economies inflicted by...

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Economy

Vietnam Raises 2025 GDP Growth Target to 8% Amid Strong Trade and Investment

Vietnam will officially raise its 2025 GDP growth target to 8.0%, up from the previous 6.5%-7.0% range, Minister of Planning and Investment Nguyen Chi Dung announced. The country, a key manufacturing hub in Southeast Asia,...

Wall Street Closes Mixed as Apple Gains, Tesla Slumps

Wall Streets major indexes closed mixed on Tuesday as gains in Coca-Cola (NYSE:KO) and Apple (NASDAQ:AAPL) offset losses in Tesla (NASDAQ:TSLA). Investors assessed Federal Reserve Chair Jerome Powells latest comments, with...

Global EV Sales Rise 18% in January as Europe and U.S. Outpace China

Global electric vehicle (EV) and plug-in hybrid (PHEV) sales rose 18% year-on-year in January, reaching 1.3 million units, according to Rho Motion. For the first time since February 2023, growth in Europe and the U.S....

Elon Musk Calls for Treasury Reforms After Court Blocks Access

Elon Musk has urged for tighter controls at the U.S. Treasury following a federal judges decision to block his Department of Government Efficiency from accessing Treasury payment systems. The ruling, issued on Saturday,...

German Exports Rise in December, But Industrial Output Signals Economic Struggles

Germanys exports increased by 2.9% in December, defying economists expectations of a 0.6% decline, according to the federal statistics office. However, for 2024, exports fell by 1.0% due to weak demand from China,...

Politics

DHS Places Election Security Staff on Leave Amid Review of Misinformation Efforts

The Department of Homeland Security (DHS) has placed personnel responsible for monitoring misinformation, disinformation, and foreign influence in U.S. elections on administrative leave. This move comes as DHS Secretary...

Trump Pushes Jordan to Accept Palestinians Amid Gaza Plan Controversy

U.S. President Donald Trump urged Jordans King Abdullah to take in displaced Palestinians as part of his proposal for the U.S. to take control of Gaza, despite firm opposition from the Jordanian leader. Speaking at the...

Japan Seeks U.S. Tariff Exemption Amid Rising Trade Tensions

Japan has formally requested an exemption from the steep U.S. tariffs on steel and aluminum, Industry Minister Yoji Muto announced on Wednesday. The plea comes after President Donald Trump imposed a blanket 25% tariff on...

North Korea Slams Trump's Gaza Plan, Calls U.S. an ‘Extortionist’

North Korean state media has condemned U.S. President Donald Trumps proposal to relocate Palestinians and transform Gaza, calling it ludicrous and accusing Washington of extortion. The Korean Central News Agency (KCNA)...

Netanyahu Threatens End to Gaza Ceasefire if Hostages Are Not Freed

Israeli Prime Minister Benjamin Netanyahu warned that the ceasefire in Gaza would end, and military operations against Hamas would resume if hostages were not released by midday Saturday. Following his ultimatum, Hamas...

Science

South African telescope discovers a giant galaxy that’s 32 times bigger than Earth’s

Inkathazos glowing plasma jets are shown in red and yellow. The starlight from other surrounding galaxies can be seen in the background. K.K.L Charlton (UCT), MeerKAT, HSC, CARTA, IDIA, CC BY You may not know it, but right...

It’s science, not fiction: high-tech drones may soon be fighting bushfires in Australia

Picture this. Its a summer evening in Australia. A dry lightning storm is about to sweep across remote, tinder-dry bushland. The next day is forecast to be hot and windy. A lightning strike tonight could spark a fire that...

Earth is bombarded with rocks from space – but who gets to keep these ultimate antiques?

Every day, about 48.5 tonnes of space rock hurtle towards Earth. Meteorites that fall into the ocean are never recovered. But the ones that crash on land can spark debates about legal ownership. Globally, meteorite hunting...

Most of us trust scientists, shows a survey of nearly 72,000 people worldwide

Public trust in scientists is vital. It can help us with personal decisions on matters like health and provide evidence-based policymaking to assist governments with crises such as the COVID pandemic or climate change. In...

Astronauts on NASA’s Artemis mission to the Moon will need better boots − here’s why

The U.S.s return to the Moon with NASAs Artemis program will not be a mere stroll in the park. Instead it will be a perilous journey to a lunar location representing one of the most extreme environments in the solar...

Technology

Elon Musk’s $97.4B Bid for OpenAI Sparks Controversy

OpenAIs board has yet to receive a formal bid from Elon Musks consortium, despite his lawyer claiming the offer was sent to OpenAIs outside counsel. Musk proposed a $97.4 billion buyout for OpenAIs nonprofit entity, aiming...

Elon Musk’s $97.4B Bid to Acquire OpenAI Faces Rejection from Sam Altman

Elon Musks consortium has offered $97.4 billion to acquire OpenAIs nonprofit arm, escalating tensions between Musk and OpenAI CEO Sam Altman over the AI companys shift to a for-profit model. Altman quickly dismissed the...

CATL Eyes $5 Billion Hong Kong Listing Amid Market Challenges

Chinese battery giant Contemporary Amperex Technology Co. (SZ:300750), or CATL, is reportedly preparing to file for a Hong Kong listing this week, aiming to raise at least $5 billion. According to sources cited by Reuters,...

BYD’s Smart Driving Push Sparks Price War Concerns, Pressures Rivals Xpeng and Geely

Shares of Chinese EV makers Xpeng (NYSE:XPEV) and Geely Auto (HK:0175) plummeted on Tuesday, down 5.9% and 7.2%, respectively, following BYDs (SZ:002594) game-changing move to offer advanced driver-assistance systems...

DeepSeek’s AI Surge Sparks Short-Selling Conspiracy Amid Market Disruptions

Chinese AI startup DeepSeek is facing repeated website crashes and cybersecurity concerns, raising suspicions that its sudden rise was a strategic move to manipulate the market. On the Navellier Market Buzz podcast,...
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