UK Economics Update Monetary Indicators Monitor (Nov.) There is still little evidence of any pick-up in the growth rate of the broad money supply – supporting Mervyn King’s view that inflation will fall further ahead. Meanwhile, bank lending remains... 29th November 2010 · 1 min read
UK Economics Update What does the Irish crisis mean for the UK? Concerns have grown that the Irish debt crisis could have severe consequences for the UK economy. But our impression is that any effects on the UK economy are likely to be pretty small. 17th November 2010 · 1 min read
UK Economics Update Fragile consumer sentiment points to spending slowdown The sluggish trend in consumer confidence points to renewed weakness in consumer spending growth ahead. And sentiment yet might deteriorate further. 9th November 2010 · 1 min read
UK Economics Update Fragile consumer sentiment points to spending slowdown The sluggish trend in consumer confidence points to renewed weakness in consumer spending growth ahead. And sentiment yet might deteriorate further. 9th November 2010 · 1 min read
UK Economics Update Will the G20 agree to current account targets? The G20 Summit in Korea next week (11th – 12th) will be overshadowed by the fall-out from “currency wars”, hampering any attempt at the improved coordination of policies necessary to help rebalance... 5th November 2010 · 1 min read
UK Economics Update QE2 still likely as recovery fades The decision by the Monetary Policy Committee (MPC) not to follow the Fed in implementing more quantitative easing (QE) today no doubt reflected the stronger tone of the economic data over the past... 4th November 2010 · 1 min read
UK Economics Update QE2 still likely as recovery fades The decision by the Monetary Policy Committee (MPC) not to follow the Fed in implementing more quantitative easing (QE) today no doubt reflected the stronger tone of the economic data over the past... 4th November 2010 · 1 min read
UK Economics Update Monetary Indicators Monitor (Oct.) Broad money growth still looks very weak, with the pick-up seen earlier this year now looking like a statistical quirk. This supports the view of some MPC members, including Mervyn King, that a... 29th October 2010 · 1 min read
UK Economics Update Construction recovery built on fragile foundations The strong revival in construction output has been a key factor behind the recent strength of GDP growth. But we doubt that the sector will continue to support the recovery from here. 27th October 2010 · 1 min read
UK Economics Update Spending Review spells out the pain In spelling out the detail of the planned cuts in public spending, today’s Spending Review underlined the challenge the Government faces to sort out the public finances. We continue to believe that... 20th October 2010 · 1 min read
UK Economics Update Low company failures keep a lid on redundancies One explanation for the relatively small drop in employment during this recession is the muted pickup in company insolvencies. But a number of factors could prompt insolvencies to rise further... 12th October 2010 · 1 min read
UK Economics Update Low company failures keep a lid on redundancies One explanation for the relatively small drop in employment during this recession is the muted pickup in company insolvencies. But a number of factors could prompt insolvencies to rise further... 12th October 2010 · 1 min read
UK Economics Update Edging closer to more stimulus One explanation for the relatively small drop in employment during this recession is the muted pickup in company insolvencies. But a number of factors could prompt insolvencies to rise further... 7th October 2010 · 1 min read
UK Economics Update Monetary Indicators Monitor (Sep.) Underlying broad money growth still looks very weak – supporting MPC member Adam Posen’s view that more quantitative easing (QE) will be required in order to boost money and credit growth and hence... 29th September 2010 · 1 min read
UK Economics Update What else can the MPC buy? The Monetary Policy Committee (MPC) may soon relaunch its programme of quantitative easing (or QE). But this time around, the Committee could buy a rather wider range of assets. 28th September 2010 · 1 min read
UK Economics Update Is employment really rising that much? Even if employment is not actually rising quite as quickly as the official figures suggest, the improvement in the jobs market has been pretty impressive. Unfortunately, this looks unlikely to last. 17th September 2010 · 1 min read
