The rise in official interest rates seen over the last year, coupled with the recent turmoil in the financial markets, may finally provide the trigger for some unwinding of the UK economy’s imbalances. While this may ultimately pave the way for a period of more sustainable expansion, the more immediate result will be several years of pretty weak growth.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services