19th December 2024 Paul Dales of Capital Economics said that he was now forecasting inflation will be nearly a point above the 2 per cent target early next year. CPI growth was just 1.7 per cent as recently as September. View article
UK economy unexpectedly grows as GDP rises by 0.1% In a note to clients Paul Dales, chief UK economist at Capital Economics, wrote: “With business sentiment on the floor and employment declining … the economy is unlikely to do more than move sideways... 13th February 2025 · The Times
UK economy unexpectedly grew 0.1% in fourth quarter “With business sentiment on the floor and employment declining, it’s hard to see private sector activity improving much in the first or second quarters,” said Paul Dales at Capital Economics. “The... 13th February 2025 · Financial Times
Bank of England’s grim economic outlook highlights scale of challenge for Rachel Reeves If the Office for Budget Responsibility, the government’s fiscal watchdog, were to issue a similarly downbeat growth outlook, it would increase the risk that the chancellor would break her self... 7th February 2025 · Financial Times