Small firms remain optimistic about the outlook, but tighter labour market conditions are becoming an increasing constraint on expansion. That points to a pick-up in wage pressures and continued...

Business investment enjoyed a strong resurgence last year, particularly in the second half. Our estimates imply that business investment increased by 7.5% annualised in the fourth quarter, the biggest...

Our forecast that GDP growth will accelerate to 2.5% next year is boringly in line with the consensus. Given the constellation of positive factors boosting economic growth, however, it’s hard to be...

The Republicans' long-awaited tax reform bill, which looks set to be signed into law this week, represents the first major legislative victory for President Donald Trump and should provide a modest...