UK Economics Focus Foot & Mouth – The Economic Impact Around 8% of the UK’s total livestock has already been destroyed as a result of the foot and mouth outbreak. However, the ultimate impact on output in the livestock sector will be proportionately much... 4th May 2001 · 1 min read
UK Economics Focus Another 1% to Come Today’s ¼ point cut in base rates is proof that, for all the indications that the fundamentals of the UK economy remain in good shape, the MPC is fully aware of the potential impact that a rapid... 5th April 2001 · 1 min read
UK Economics Focus Rates to fall amidst risks to confidence I believe that the MPC will cut interest rates by 0.25% on Thursday, although, unlike in February, it may not be a unanimous decision. 2nd April 2001 · 1 min read
UK Economics Focus Inflation is in the Eye of the Beholder The official target measure of inflation, RPIX, is not only running well below target, but is probably seriously exaggerating true inflationary pressures. 7th March 2001 · 1 min read
UK Economics Focus Budget Assessment 2001 – Cautious to a Fault This is a much tighter budget than financial markets might have feared from a Chancellor awash with cash and soon to face an election. A great deal of sound and fury was made about many measures to... 7th March 2001 · 1 min read
UK Economics Focus Foot & Mouth – The Economic Effects Agriculture accounts for 2% of GDP while the livestock sector is probably 1% or less. Accordingly, a 10% reduction in livestock output would reduce GDP by 0.1% for as long as it lasts. This accords... 1st March 2001 · 1 min read
UK Economics Focus Budget 2001 Preview Although the backdrop to the Budget of an excellent fiscal position and a strong economy is a familiar one, there are some key differences from previous years. The general election is just months away... 22nd February 2001 · 1 min read
UK Economics Focus Pre-Budget Report 2000 The package of policy measures announced in the Pre-Budget Report was more generous than generally expected. The loss of revenues due to the freeze in fuel duties and the extra spending on pensions... 8th November 2000 · 1 min read
UK Economics Focus Pre-Budget Report 2000 - Preview Although the Pre-Budget Report normally contains little in the way of policy measures, this year could be different. The Chancellor is under intense pressure to devote extra funding to several... 2nd November 2000 · 1 min read
