UK Economics Update Can the lower pound offset the fiscal squeeze? There are have been suggestions that the adverse impact on the economy of the coming fiscal tightening will be largely or wholly offset by the positive effects of the fall in the sterling exchange... 14th October 2009 · 1 min read
UK Economics Update Can Brown do a Major? The recent improvement in consumer confidence might give Gordon Brown hope that he can emulate John Major and pull off an unlikely election victory in the aftermath of a deep recession. But much... 13th October 2009 · 1 min read
UK Economics Update MPC just waiting for November’s meeting The Monetary Policy Committee (MPC) has made it clear that it wants to wait until November before re-assessing its programme of asset purchases, so today’s no-change decision was of little surprise... 8th October 2009 · 1 min read
UK Economics Update Why are consumers so upbeat? The latest Nationwide consumer confidence survey supports the upbeat message from the other main measures of consumer sentiment. Whilst this will clearly boost hopes of a decent consumer recovery, the... 7th October 2009 · 1 min read
UK Economics Update Why are consumers so upbeat? The latest Nationwide consumer confidence survey supports the upbeat message from the other main measures of consumer sentiment. Whilst this will clearly boost hopes of a decent consumer recovery, the... 7th October 2009 · 1 min read
UK Economics Update Tory spending cuts are just the beginning The proposed cuts in public spending set out by the Shadow Chancellor of the Exchequer George Osborne at the Conservative Party Conference in Manchester are likely to be just the first small step... 6th October 2009 · 1 min read
UK Economics Update Tory spending cuts are just the beginning The proposed cuts in public spending set out by the Shadow Chancellor of the Exchequer George Osborne at the Conservative Party Conference in Manchester are likely to be just the first small step... 6th October 2009 · 1 min read
UK Economics Update Saving rate still some way from peaking The Q2 National Accounts suggested that households have gone some way to repairing their finances. However, we think that this process has much further to go. 29th September 2009 · 1 min read
UK Economics Update Saving rate still some way from peaking The Q2 National Accounts suggested that households have gone some way to repairing their finances. However, we think that this process has much further to go. 29th September 2009 · 1 min read
UK Economics Update Pension deficits another constraint on investment recovery Despite the recent rise in share prices, firms’ pension funds remain in a sorry state. This is just one of the reasons why domestic demand is unlikely to help to drive the economic recovery. 21st September 2009 · 1 min read
UK Economics Update Monetary Indicators Monitor (Sep.) There are still only tentative signs that quantitative easing (QE) is starting to boost the broad money supply. Money growth is certainly still below the rates consistent with a decent economic... 18th September 2009 · 1 min read
UK Economics Update MPC on hold until November, but probably not yet done Having only extended its quantitative easing programme last month, the Monetary Policy Committee was always likely to sit on its hands today. But with the economic outlook still highly uncertain and... 10th September 2009 · 1 min read
UK Economics Update MPC on hold until November, but probably not yet done Having only extended its quantitative easing programme last month, the Monetary Policy Committee was always likely to sit on its hands today. But with the economic outlook still highly uncertain and... 10th September 2009 · 1 min read
UK Economics Update Growth nudged up, but UK to lag well behind The recent improvement in the tone of the domestic economic data and some upward revisions to our global economic forecasts have led us to nudge our forecasts for UK GDP growth in 2010 a bit higher... 9th September 2009 · 1 min read
UK Economics Update Scrappage scheme boosts car sales – but wider effect unlikely August’s UK car registration figures showed that the scrappage scheme introduced in May is giving a sizeable boost to new car sales. But it is likely to give only a minimal boost to the overall... 4th September 2009 · 1 min read
UK Economics Update Scrappage scheme boosts car sales – but wider effect unlikely August’s UK car registration figures showed that the scrappage scheme introduced in May is giving a sizeable boost to new car sales. But it is likely to give only a minimal boost to the overall... 4th September 2009 · 1 min read
