15th May 2023 Ruth Gregory, economist at Capital Economics, said there was “still no recession, but with the full drag from higher interest rates yet to be felt it is too soon to sound the all-clear”. View article
Rachel Reeves warns of ‘difficult decisions’ on tax rises However, one senior economist questioned whether Labour was overstating how bad the UK’s fiscal situation was — suggesting that Reeves could have as much as £16 billion of headroom in her budget — up... 24th July 2024 · The Times
Debt measure change ‘could boost public finances by £20bn’ Ruth Gregory, deputy chief UK economist at Capital Economics, a consultancy, said that the headroom against the fiscal goals could rise to as much as £32 billion with the change. “It’s not the overall... 8th July 2024 · The Times
Labour’s budget hopes rest on overly optimistic UK forecasts, say economists “The OBR would clearly need to make a big upward revision to its view on labour market participation or productivity growth in the medium term to deliver this kind of potential growth, and the related... 26th June 2024 · Financial Times