UK Economics Focus Budget 2007 Preview Gordon Brown will seek to use his eleventh and final Budget to underline his legacy as Chancellor. The economy has outpaced even his upbeat expectations over the last year and he is likely to announce... 8th March 2007 · 1 min read
UK Economics Focus Budget 2007 Preview Gordon Brown will seek to use his eleventh and final Budget to underline his legacy as Chancellor. The economy has outpaced even his upbeat expectations over the last year and he is likely to announce... 8th March 2007 · 1 min read
UK Economics Focus Why should we worry if pay growth picks up? The Monetary Policy Committee will no doubt raise interest rates again if pay growth picks up over the next few months. But we think that the inflationary threat of any rise in wages growth is not as... 6th March 2007 · 1 min read
UK Economics Focus Who will a US slowdown hit hardest? The sectors of the UK economy most at threat from a major economic slowdown in the US include manufacturing, the City of London, tourism and the London housing market. But a US slowdown could be bad... 1st March 2007 · 1 min read
UK Economics Focus Is Monetarism back from the dead? The greater attention devoted to the money supply in recent months does not herald the return of full-bloodied Monetarism as the key foundation of UK economic policy. Rather, it reflects current... 5th February 2007 · 1 min read
UK Economics Focus A timetable for the 2007 pay round This Focus sets out the key pay settlements which are likely to be concluded in the coming months. The fact that average earnings rose by 4.1% in both 2005 and 2006, compared to the 4.5% which the MPC... 31st January 2007 · 1 min read
UK Economics Focus A timetable for the 2007 pay round This Focus sets out the key pay settlements which are likely to be concluded in the coming months. The fact that average earnings rose by 4.1% in both 2005 and 2006, compared to the 4.5% which the MPC... 31st January 2007 · 1 min read
UK Economics Focus Net migration has probably peaked The outlook for migration into the UK is crucial to the health of both the UK’s labour market and the economy as a whole. We think that net migration is probably now at its peak and set to slow. We... 3rd January 2007 · 1 min read
UK Economics Focus UK spending's no fun anymore If you feel that spending money is not as much fun as it used to be, you’re right. Rising debt servicing costs and utility bills mean that households’ spending on “essential” goods and services has... 12th December 2006 · 1 min read
UK Economics Focus UK spending's no fun anymore If you feel that spending money is not as much fun as it used to be, you’re right. Rising debt servicing costs and utility bills mean that households’ spending on “essential” goods and services has... 12th December 2006 · 1 min read
UK Economics Focus UK Pre-Budget Report 2006 This Pre-Budget Report was vintage Gordon Brown - a blizzard of statistics and a flurry of measures and announcements, most of them old, but without many substantive changes. The one noteworthy... 6th December 2006 · 1 min read
UK Economics Focus What's your inflation rate? According to the official figures, consumer price inflation has remained reasonably subdued in recent months. But the published average inflation rates disguise large differences in inflation rates... 30th November 2006 · 1 min read
UK Economics Focus UK Pre-Budget Report 2006 Preview Gordon Brown will give an upbeat assessment of the economic outlook in the Pre-Budget Report, with favourable implications for the public finances. But the big picture is that fiscal policy will be... 27th November 2006 · 1 min read
UK Economics Focus Is the current account about to get a whole lot worse? In recent years the UK’s external position has benefited greatly from a strong net inflow of income on its overseas investments. But changing economic conditions such as a US-led global slowdown could... 20th November 2006 · 1 min read
UK Economics Focus Europe won't rescue UK from the US slowdown Concerns over the effects on the UK of a major US slowdown have been eased by the fact that our closest trading partner, Europe, is growing strongly. But this won’t fully protect the UK, leaving GDP... 1st November 2006 · 1 min read