UK Economics Update Spending Review spells out the pain In spelling out the detail of the planned cuts in public spending, today’s Spending Review underlined the challenge the Government faces to sort out the public finances. We continue to believe that... 20th October 2010 · 1 min read
UK Economics Update Low company failures keep a lid on redundancies One explanation for the relatively small drop in employment during this recession is the muted pickup in company insolvencies. But a number of factors could prompt insolvencies to rise further... 12th October 2010 · 1 min read
UK Economics Update Low company failures keep a lid on redundancies One explanation for the relatively small drop in employment during this recession is the muted pickup in company insolvencies. But a number of factors could prompt insolvencies to rise further... 12th October 2010 · 1 min read
UK Economics Update Edging closer to more stimulus One explanation for the relatively small drop in employment during this recession is the muted pickup in company insolvencies. But a number of factors could prompt insolvencies to rise further... 7th October 2010 · 1 min read
UK Economics Update Monetary Indicators Monitor (Sep.) Underlying broad money growth still looks very weak – supporting MPC member Adam Posen’s view that more quantitative easing (QE) will be required in order to boost money and credit growth and hence... 29th September 2010 · 1 min read
UK Economics Update What else can the MPC buy? The Monetary Policy Committee (MPC) may soon relaunch its programme of quantitative easing (or QE). But this time around, the Committee could buy a rather wider range of assets. 28th September 2010 · 1 min read
UK Economics Update Is employment really rising that much? Even if employment is not actually rising quite as quickly as the official figures suggest, the improvement in the jobs market has been pretty impressive. Unfortunately, this looks unlikely to last. 17th September 2010 · 1 min read
UK Economics Update Imports check net trade boost Net trade is yet to make a positive contribution to GDP growth during this recovery – in part due to particularly strong import growth. While this is partly a welcome reflection of the recovery in... 14th September 2010 · 1 min read
UK Economics Update Food price rises shouldn’t prompt policy changes Tomorrow’s inflation figures are likely to show that a further rise in food prices stopped headline inflation from falling more sharply – or at all – in August. However, we doubt that rising food... 13th September 2010 · 1 min read
UK Economics Update Food price rises shouldn’t prompt policy changes Tomorrow’s inflation figures are likely to show that a further rise in food prices stopped headline inflation from falling more sharply – or at all – in August. However, we doubt that rising food... 13th September 2010 · 1 min read
UK Economics Update QE2 being readied for launch While the MPC predictably chose to leave policy unchanged again today, growing signs that the economic recovery is running out of steam suggest that a further bout of quantitative easing - socalled... 9th September 2010 · 1 min read
UK Economics Update Sterling rally may not be over rally in the pound has fizzled out over the last few weeks. But with concerns over the euro-zone likely to re-surface before too long and the UK set to press ahead with a decisive fiscal tightening... 8th September 2010 · 1 min read
UK Economics Update "Plan B" is to bank on the MPC The apparent lack of a “plan B” for the public finances should the economy be weaker than the Government expects supports our forecasts of sluggish growth and further monetary loosening. 6th September 2010 · 1 min read
UK Economics Update Is there any point doing more QE? With the economic recovery flagging, attention is turning to what further support policymakers can provide. While there are question marks over whether further central bank asset purchases would... 6th September 2010 · 1 min read
UK Economics Update Pension funds vulnerable to renewed economic slowdown Firms’ pension funds are still not looking particularly healthy. And a renewed slowdown in the economy could offset any benefits to pension schemes from proposed changes in inflation rules. 31st August 2010 · 1 min read
