{"id":10859,"date":"2024-10-29T09:51:32","date_gmt":"2024-10-29T09:51:32","guid":{"rendered":"https:\/\/hamiltoncourtfx.com\/?p=10859"},"modified":"2024-10-29T09:51:35","modified_gmt":"2024-10-29T09:51:35","slug":"morning-round-up-4","status":"publish","type":"post","link":"https:\/\/hamiltoncourtfx.com\/it\/morning-round-up-4\/","title":{"rendered":"Morning Round Up"},"content":{"rendered":"
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Travel Tuesday: <\/strong>Botswana<\/p>\n

Botswana is home to the world\u2019s largest population of elephants. Over 130,000 elephants roam the country, primarily in the Chobe National Park. This makes Botswana one of the best places in the world to see these majestic creatures in their natural habitat.<\/p>\n

GDP<\/strong>$19.4 billion<\/p>\n

Biggest Export<\/strong>Diamonds<\/p>\n

Biggest Trading Partners<\/strong>UAE, Belgium, India, South Africa, Hong Kong<\/p>\n

Political System<\/strong>Parliamentary republic. The President of Botswana serves as both the head of state and head of government.<\/p>\n

National Animal<\/strong>The zebra<\/p>\n

Next Election <\/strong>October 30<\/p>\n<\/div>\n <\/div>\n <\/div>\n <\/div>\n<\/div>\n\n\n

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Morning Round Up<\/h2>\n <\/div>\n
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The fertility rate in England and Wales has fallen to its lowest level on record, according to the ONS.<\/p>\n

With a little over 590,000 babies being born last year, the total fertility rate in England and Wales dropped to 1.44.<\/p>\n

Meanwhile, in Scotland, fertility rates fell to 1.3, with 45,935 births last year \u2013 also registering as a record low.<\/p>\n

Writing on the matter, Bloomberg\u2019s Tom Rees said that \u201cthe figures will set off alarm bells over a worsening demographic crisis that is set to ramp up the pressure on the workforce and the public finances.\u201d<\/p>\n

According to most demographers, the fertility rate needs to be at around 2.1 children per woman to for the population to remain stable (not accounting for net migration).<\/p>\n

(When considering immigration and emigration statistics, according to the World Population Review the UK has a net increase of 1 person every 1.22 minutes, with 1,872 births a day, 1,836 deaths per day and net migration of 1,142 per day).<\/p>\n

According to the OBR\u2019s latest Fiscal Risks and Sustainability Report, demographic changes \u2013 specifically an aging population \u2013 will put increasing pressure on the UK economy (not least on health and pension spending). For example, the report maintained that \u201cthe population of the UK is projected to increase by 13 million people by 2070, with two-thirds of this change among those aged 65 or older (the age at which health costs per person begin to rise sharply).\u201d Here, the OBR noted that health spending was projected to rise from 7.6% of GDP today to around 14.5% of GDP in fifty years\u2019 time. Spending on state pensions is also projected to rise from 5.2% of GDP to 7.9% GDP within the same period.<\/p>\n

In the interest of international context, the average fertility rate across the globe is 2.3 with Niger, Chad, the DRC and Somalia having the highest rates at 6. Hong Kong, South Korea and Singapore have the lowest levels at 0.8, 0.9 and 1.1 respectively.<\/p>\n <\/div>\n <\/div>\n <\/div>\n<\/div>\n\n

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BRC Shop Price Index Falls<\/h2>\n <\/div>\n
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The British Retail Consortium\u2019s shop price index published this morning has indicated that prices in the UK have fallen for the third consecutive month. Following July and September\u2019s print, this marks only the third time deflationary print in almost three years.<\/p>\n

This comes as prices fell at -0.8% on annualised basis for the month of October, missing expectations given that the general market consensus was pointing to a -0.5% print.<\/p>\n

Following the print, the CEO of the BRC said that \u201cHouseholds will welcome the continued easing of price inflation [\u2026] But this downward trajectory is vulnerable to ongoing geopolitical tensions, the impact of climate change on food supplies, and costs from planned and trailed government regulation.”<\/p>\n <\/div>\n <\/div>\n <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"

The fertility rate in England and Wales has fallen to its lowest level on record, according to the ONS.<\/p>","protected":false},"author":15,"featured_media":1044,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"rp-language":[16],"class_list":["post-10859","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-morning-updates","rp-language-en_gb"],"_links":{"self":[{"href":"https:\/\/hamiltoncourtfx.com\/it\/wp-json\/wp\/v2\/posts\/10859","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hamiltoncourtfx.com\/it\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hamiltoncourtfx.com\/it\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hamiltoncourtfx.com\/it\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/hamiltoncourtfx.com\/it\/wp-json\/wp\/v2\/comments?post=10859"}],"version-history":[{"count":2,"href":"https:\/\/hamiltoncourtfx.com\/it\/wp-json\/wp\/v2\/posts\/10859\/revisions"}],"predecessor-version":[{"id":10861,"href":"https:\/\/hamiltoncourtfx.com\/it\/wp-json\/wp\/v2\/posts\/10859\/revisions\/10861"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hamiltoncourtfx.com\/it\/wp-json\/wp\/v2\/media\/1044"}],"wp:attachment":[{"href":"https:\/\/hamiltoncourtfx.com\/it\/wp-json\/wp\/v2\/media?parent=10859"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hamiltoncourtfx.com\/it\/wp-json\/wp\/v2\/categories?post=10859"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hamiltoncourtfx.com\/it\/wp-json\/wp\/v2\/tags?post=10859"},{"taxonomy":"rp-language","embeddable":true,"href":"https:\/\/hamiltoncourtfx.com\/it\/wp-json\/wp\/v2\/rp-language?post=10859"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}