12th September 2025 Paul Dales, economist at Capital Economics, said: “The economy is still struggling to gain decent momentum in the face of the drag from previous hikes in taxes and possible further tax rises to come in the Budget.” View article
UK unemployment rate hits five-year high and wage growth cools In a note to clients, Paul Dales, chief UK economist at Capital Economics, wrote: “The lack of green shoots of recovery in the labour market and further fall in wage growth supports the idea that the... 17th February 2026 · The Times
What Keir Starmer’s successors could mean for UK bond yields The rise in yields “would reflect looser fiscal policy leading to higher GDP growth, inflation and [interest rates] than otherwise, as well as a larger fiscal risk premium”, according to Capital... 11th February 2026 · The Times
UK inflation rises to 3.4%, the first increase in five months Paul Dales, chief UK economist at Capital Economics, said: “The later-than-usual budget [on November 26] meant that the rise in tobacco duties were only captured in the ONS’s December survey.” 21st January 2026 · The Times
