UK Economics Focus Pre-Budget Report 2009 - Still waiting for the axe to fall Consumers are likely to bear the brunt of the looming tax rises and government spending cuts. The worst year of the fiscal squeeze looks likely to be 2011, when we think that it could knock some 2.5%... 9th December 2009 · 1 min read
UK Economics Focus How will consumers fare in the fiscal squeeze? Consumers are likely to bear the brunt of the looming tax rises and government spending cuts. The worst year of the fiscal squeeze looks likely to be 2011, when we think that it could knock some 2.5%... 2nd December 2009 · 1 min read
UK Economics Focus Pre-Budget Report 2009 Preview - Going for broke? Consumers are likely to bear the brunt of the looming tax rises and government spending cuts. The worst year of the fiscal squeeze looks likely to be 2011, when we think that it could knock some 2.5%... 25th November 2009 · 1 min read
UK Economics Focus UK faces a decade of high unemployment The recent improvement in the unemployment figures has quietened concerns about the labour market. But we think that much of the labour market adjustment is yet to come. We continue to expect... 12th November 2009 · 1 min read
UK Economics Focus The VAT threat to consumer spending The looming reversal of the temporary VAT cut should boost household spending at the end of this year, as consumers bring forward their spending. But this will just come at the expense of spending... 28th October 2009 · 1 min read
UK Economics Focus Spare capacity could yet turn inflation negative Inflation is likely to pick up again in the next few months but, further ahead, the huge amount of spare capacity that is building up in the economy will bear down heavily on core price pressures... 13th October 2009 · 1 min read
UK Economics Focus From banking crisis to fiscal crisis? The measures put in place by governments to support their banking sectors and economies have helped to avert a full-scale financial meltdown and a 1930s-style economic depression. But the full costs... 12th October 2009 · 1 min read
UK Economics Focus Could the UK have a creditless recovery? With a significant pick-up in bank lending still looking unlikely, hopes are pinned on the economy achieving a so-called “creditless recovery.” This type of upturn has been seen before, both in the UK... 14th September 2009 · 1 min read
UK Economics Focus Could the UK have a creditless recovery? With a significant pick-up in bank lending still looking unlikely, hopes are pinned on the economy achieving a so-called “creditless recovery.” This type of upturn has been seen before, both in the UK... 14th September 2009 · 1 min read
UK Economics Focus Bank lending still set to fall well short Conditions in the banking system have clearly been improving. However, we doubt that this transforms the lending outlook. Indeed, we continue to think that over the foreseeable future, bank lending... 26th August 2009 · 1 min read
UK Economics Focus Bank lending still set to fall well short Conditions in the banking system have clearly been improving. However, we doubt that this transforms the lending outlook. Indeed, we continue to think that over the foreseeable future, bank lending... 26th August 2009 · 1 min read
UK Economics Focus Recent house price rises lack a firm foundation The recent rises in the major house price indices have fanned hopes that the worst of the housing market correction is now behind us. Yet price rises driven only by a temporary imbalance between the... 21st August 2009 · 1 min read
UK Economics Focus Can investment drive the recovery? With a fiscal consolidation looming, households facing pressure to raise their saving rates and the lower pound giving limited support to exports, it is hard to see what might turn the recent signs of... 13th August 2009 · 1 min read
UK Economics Focus How do we get out of this fiscal mess? Getting the public finances back to a sustainable position within a reasonable timeframe is likely to require both sizeable tax increases and the tightest squeeze on public spending seen for... 28th July 2009 · 1 min read
UK Economics Focus Recent house price rises lack a firm foundation The recent rises in the major house price indices have fanned hopes that the worst of the housing market correction is now behind us. Yet price rises driven only by a temporary imbalance between the... 21st July 2009 · 1 min read
