Ed Conway

1 week ago | news.sky.com | Ed Conway

You probably recall the stories about Leicester's clothing industry in recent years: grim labour conditions, pay below the minimum wage, "dark factories" serving the fast fashion sector. What is less well known is what happened next. In short, the industry has cratered.

1 week ago | msn.com | Ed Conway

Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.

2 weeks ago | news.sky.com | Ed Conway

There's a trick to announcing trade agreements like the one unveiled by the prime minister on Monday: pluck out a big-sounding number and release it to the public with zero context in an effort to make this sound very impressive indeed. Naturally, when you squint a little closer, that figure gets considerably less impressive than it first seems.

3 weeks ago | news.sky.com | Ed Conway

These are punchy gross domestic product (GDP) numbers and no mistake. Growth of 0.7% in the first quarter is not just strong; it's stronger than the 0.6% most economists had expected. GDP per head, a better measure of living standards (since it divides the total amount of income generated across the economy by the population), was up 0.5%.

3 weeks ago | news.sky.com | Ed Conway

Of all the fronts in Donald Trump's trade war, none was as dramatic and economically threatening as the sky-high tariffs he imposed on China. There are a couple of reasons: first, because China is and was the single biggest importer of goods into the US and, second, because of the sheer height of the tariffs imposed by the White House in recent months. In short, tariffs of over 100% were tantamount to a total embargo on goods coming from the United States' main trading partner.