UK Economics Focus UK Budget 2008 - Hoping for the best! This Budget was conspicuously short of major tax and spending measures. The main interest was therefore in the change to the Treasury’s economic forecasts and the associated projections for government... 12th March 2008 · 1 min read
UK Economics Focus UK Budget 2008 - Hoping for the best! This Budget was conspicuously short of major tax and spending measures. The main interest was therefore in the change to the Treasury’s economic forecasts and the associated projections for government... 12th March 2008 · 1 min read
UK Economics Focus Caught between a Rock... Alistair Darling presents his first Budget at a time when the apparent needs of the economy and the public finances could hardly be further apart. His room for manoeuvre is pretty tight, but he might... 3rd March 2008 · 1 min read
UK Economics Focus Caught between a Rock... Alistair Darling presents his first Budget at a time when the apparent needs of the economy and the public finances could hardly be further apart. His room for manoeuvre is pretty tight, but he might... 3rd March 2008 · 1 min read
UK Economics Focus How hard will the credit crisis hit the City? We estimate that two thirds of the financial and business services (FBS) sector – or one fifth of the total economy - will be directly adversely affected by the recent turmoil in financial markets. We... 28th February 2008 · 1 min read
UK Economics Focus Just how bad could the public finances get? A major downturn in the UK economy could see public borrowing rise as high as £100bn or even £150bn per annum, blowing the fiscal framework to smithereens and perhaps even leading to some rise in the... 14th February 2008 · 1 min read
UK Economics Focus Unemployment to hit ten-year high The labour market is set to be a prime casualty of the prolonged slowdown in the UK economy that is underway. We think unemployment will rise by about 700,000 by the end of 2009, taking the... 4th February 2008 · 1 min read
UK Economics Focus Unemployment to hit ten-year high The labour market is set to be a prime casualty of the prolonged slowdown in the UK economy that is underway. We think unemployment will rise by about 700,000 by the end of 2009, taking the... 4th February 2008 · 1 min read
UK Economics Focus Has manufacturing really reinvented itself? The structural reforms undertaken by manufacturers over the past decade are likely to cushion the blow from the global and domestic slowdowns. But the sector is still likely to enter a recession this... 22nd January 2008 · 1 min read
UK Economics Focus The final blow for consumers? We are confident that the housing market slowdown will bring the recent strong rates of household spending growth to an end. At the same time, we are optimistic that aggressive interest rate cuts will... 21st January 2008 · 1 min read
UK Economics Focus The final blow for consumers? We are confident that the housing market slowdown will bring the recent strong rates of household spending growth to an end. At the same time, we are optimistic that aggressive interest rate cuts will... 21st January 2008 · 1 min read
UK Economics Focus How long will inflation worries linger? Concerns over the outlook for UK inflation look set to linger for some months, limiting the pace at which interest rates fall and increasing the risk that the economic slowdown will prove deeper and... 17th January 2008 · 1 min read
UK Economics Focus MPC may be too sanguine about housing again With the housing market clearly slowing, the key issue is the potential impact of this on the economy and, in particular, consumer spending. During 2005’s housing slowdown, the Monetary Policy... 12th November 2007 · 1 min read
UK Economics Focus MPC may be too sanguine about housing again With the housing market clearly slowing, the key issue is the potential impact of this on the economy and, in particular, consumer spending. During 2005’s housing slowdown, the Monetary Policy... 12th November 2007 · 1 min read
UK Economics Focus The legacy of the house price boom While there are growing signs that the housing market is now slowing, the full effects, both good and bad, of the previous surge in house prices have yet to be felt. Mortgage debt will continue to... 29th October 2007 · 1 min read
UK Economics Focus MPC may need to let high street spending slump The outlook for consumer price inflation hangs crucially on the strength of activity in the high street. If retail spending continues to grow at recent solid rates, retailers will pass on previous... 25th October 2007 · 1 min read
