UK Economics Focus Reasons to be cheerful Given the ongoing troubles in the euro-zone and fears about a slowdown in China, one could be forgiven for adopting something of a gloomy mood. However, there are plenty of reasons to remain cheerful... 13th July 2015 · 1 min read
UK Economics Focus Budget 2015: Less radical, more pragmatic This was not as radical a Budget as many had feared and some had hoped. It was, as the Chancellor presented it, a “One Nation” Budget. From the macroeconomic viewpoint, the most important aspect was... 8th July 2015 · 1 min read
UK Economics Focus Budget 2015 Preview The Budget on 8th July will be all about providing the details of the second stage of austerity and hopes have been building that Mr Osborne will smooth the profile of the spending cuts. But the... 1st July 2015 · 1 min read
UK Economics Focus The UK economy after the election While the Conservatives’ victory removed some of the uncertainty hanging over the economy, it has some more worrying implications – such as the renewed fiscal squeeze and the EU referendum. But we... 27th May 2015 · 1 min read
UK Economics Focus Election 2015 Preview The economic outlook will not turn on a sixpence after the election. Granted, the election may mark only the start of a period of political uncertainty and, on paper, the differences between Labour’s... 30th April 2015 · 1 min read
UK Economics Focus Budget 2015: Sticking to his guns This was a budget designed to bolster the Government’s reputation for sound economic management and to make Labour’s plans for a looser fiscal stance look irresponsible. In 2015/16, the sum total of... 18th March 2015 · 1 min read
UK Economics Focus Pension reforms: Ford Fiestas, not Lamborghinis The pension reforms that come into effect next month create the potential for tens of billions of pounds to be transferred out of pension funds and into the wider economy. The actual amount that will... 13th March 2015 · 1 min read
UK Economics Focus Budget 2015 Preview When the coalition came to power, it envisaged eradicating the black hole in the public finances within five years, paving the way for big handouts by the time of this election. With the job only half... 12th March 2015 · 1 min read
UK Economics Focus Why are the public finances not already fixed? If the fiscal squeeze had gone to plan, no more austerity would now be needed. The assumption that the recovery would be strong and tax-friendly was misplaced. The next government should be dealt a... 10th March 2015 · 1 min read
UK Economics Focus Deflation to have limited impact on pay round With inflation set to turn negative during the busiest time of the year for pay bargaining, the MPC will be on red alert for any signs that deflation is having a knock-on effect on pay deals... 25th February 2015 · 1 min read
UK Economics Focus Can the economic recovery maintain its pace? The latest news suggests that the economic recovery is getting back on track after a slowdown towards the end of last year. Indeed, we remain optimistic about the growth outlook. 9th February 2015 · 1 min read
UK Economics Focus Fiscal and monetary policy after the election CPI inflation looks set to turn negative in the next few months. Whilst we expect the UK’s period of deflation to be short and shallow, there are a number of factors which nonetheless should mean that... 3rd February 2015 · 1 min read
UK Economics Focus Is very low inflation the new norm? CPI inflation looks set to turn negative in the next few months. Whilst we expect the UK’s period of deflation to be short and shallow, there are a number of factors which nonetheless should mean that... 29th January 2015 · 1 min read
UK Economics Focus Autumn Statement 2014: Staying the course This was a budget in all but name – and a pre-election one at that. It was designed to be attractive to voters in the here and now, while not taking any risks with the public finances. 3rd December 2014 · 1 min read
UK Economics Focus Autumn Statement 2014 Preview George Osborne will present his fifth Autumn Statement on 3rd December under mounting pressure from his fiscal and opinion poll deficits. Despite this, he seems unlikely to panic and abandon his tough... 27th November 2014 · 1 min read
UK Economics Focus The economy and the election With less than six months to go until the general election, opinion polls suggest that another hung parliament is likely. But the state of the economy next May still has the potential to change the... 21st November 2014 · 1 min read