UK Economics Focus Is household saving really as low as it looks? Official figures show that households are saving the lowest share of their income since records began in 1960. The situation is not quite as bad as this if saving is adjusted to account for factors... 17th September 2007 · 1 min read
UK Economics Focus Is household saving really as low as it looks? Official figures show that households are saving the lowest share of their income since records began in 1960. The situation is not quite as bad as this if saving is adjusted to account for factors... 17th September 2007 · 1 min read
UK Economics Focus Is private equity good for the economy? By overcoming the shortcomings of the publicly quoted market, private equity is promoting efficiency throughout the economy. Admittedly, private equity’s stellar returns to investors are also driven... 3rd September 2007 · 1 min read
UK Economics Focus Resilient housing market could delay spending slowdown. So far, there have been only tentative signs that consumer spending growth is weakening in response to the rises in interest rates over the past year. But a look at the past two tightening cycles... 29th August 2007 · 1 min read
UK Economics Focus Resilient housing market could delay spending slowdown. So far, there have been only tentative signs that consumer spending growth is weakening in response to the rises in interest rates over the past year. But a look at the past two tightening cycles... 29th August 2007 · 1 min read
UK Economics Focus What will 6% interest rates do to the economy? The Monetary Policy Committee has made it clear that it is prepared to do whatever is necessary to protect the UK’s low inflation environment. But the costs of doing so might be rather higher than the... 14th August 2007 · 1 min read
UK Economics Focus What will 6% interest rates do to the economy? The Monetary Policy Committee has made it clear that it is prepared to do whatever is necessary to protect the UK’s low inflation environment. But the costs of doing so might be rather higher than the... 14th August 2007 · 1 min read
UK Economics Focus Is imported deflation at an end? The rise in UK import prices in the last three years is a one-off and does not mean that imported deflation has come to an end. The UK is likely to benefit from the lower level of costs in countries... 2nd August 2007 · 1 min read
UK Economics Focus UK inflation might not fall after all The recent further increase in oil prices and the potential stickiness of food prices suggest that previous expectations of a sharp fall in UK consumer price inflation over the coming months may now... 16th July 2007 · 1 min read
UK Economics Focus Employment growth to pick up as profits recover A variety of factors has been put forward to explain the recent weakness of employment growth. But the only one that seems to stand up to scrutiny is the recent squeeze on firms’ profits growth from... 12th July 2007 · 1 min read
UK Economics Focus Employment growth to pick up as profits recover A variety of factors has been put forward to explain the recent weakness of employment growth. But the only one that seems to stand up to scrutiny is the recent squeeze on firms’ profits growth from... 12th July 2007 · 1 min read
UK Economics Focus Record low saving threatens spending outlook With household income recently falling in real terms, consumers have increased their spending at reasonable rates only by running their saving rate down to a record low. But this strategy does not... 4th July 2007 · 1 min read
UK Economics Focus Has the wages threat passed? The threat of a sharp rise in wages growth following the rise in consumer price inflation seems to have passed. A bigger risk now is that a tightening labour market pushes up wages growth instead. But... 26th June 2007 · 1 min read
UK Economics Focus Has the wages threat passed? The threat of a sharp rise in wages growth following the rise in consumer price inflation seems to have passed. A bigger risk now is that a tightening labour market pushes up wages growth instead. But... 26th June 2007 · 1 min read
UK Economics Focus Pricing power - passing or permanent? The rise in firms’ pricing power has climbed to the top of the MPC’s list of inflation worries. We think it reflects the transitory influences of previous cost increases and strong demand, rather than... 13th June 2007 · 1 min read