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Terms of Use

For Capital Economics' website and economic analysis

Terms of use

Welcome to our website. 

These terms of use apply to both the use of this website and the use of any economic analysis we provide which may be on our website or provided by other means (for example, by email) ( both collectively referred to as “Use”).  By browsing this website and/or using any economic advice you agree to be bound by and to accept the following terms and conditions. If you do not accept any part of these terms, please cease your Use.

Use is subject to the following terms:

  • By using this website you agree to the collection and use of your personal data in accordance with the terms of our Privacy Policy and any specific terms and conditions relevant to any services available through this website. For more information please see our Privacy Policy.
  • This website uses cookies. For more information as to how we use cookies please see our cookie notice below.
  • The content of our website and our economic analysis is for general information only.
  • This website and our economic analysis is provided “as is”. We do not give any warranty or guarantee as to the accuracy, timeliness, performance, completeness or suitability of any content on this website or of any economic analysis however provided for any particular purpose. In particular, our content and our economic analysis may comprise the subjective views of our economist, is not investment or financial advice nor is it any guarantee or reassurance as to the expected results of any investment product or outcome. We expressly exclude all liability for such content and economic analysis to the fullest extent permitted by law.
  • Your use of this website and its content and our economic analysis is entirely at your own risk.
  • All intellectual property rights in this website and its content and our economic analysis are owned by us or licensed to us. Reproduction is prohibited.
  • All trademarks used or referred to on this website or in our economic analysis are the property of their respective owners.
  • All services provided by us including via this website are subject to our Terms and Conditions unless otherwise stated.
  • From time to time we may include links on this website to other websites These links are provided for your convenience. They do not signify that we endorse the other websites or that we have any responsibility for the content of any such other websites.
  • We may change these terms of use from time to time. An up-to-date version will be available on our website at all times at
  • These terms of use and any disputes or claims arising out of them shall be governed by English law. We agreed that the English courts shall have exclusive jurisdiction to hear any such disputes and claims.

Cookie notice

What are cookies?

Like most other websites, ours uses cookies and similar technologies. A cookie is just a simple text file which contains an identifier used to store basic information and settings relating to your device and preferences.

To learn more about cookies, please visit

How do Capital Economics use cookies?

The first time you visit the our website via a particular device (e.g. your laptop or mobile), we will provide a clear on-screen notification about our cookies. By continuing to use our website you are deemed to accept use of the cookies described in this notice.  a The next time you visit the website, your device will check to find the relevant cookies and, if your device has them, it sends the cookie information back to the website.

Cookies are really useful because they allow our website to ‘recognise’ you via your device and recall your settings and preferences from previous visits. This helps us in a number of ways, explained below.

Which types of cookie do we use?

The cookies used by Capital Economics and our service providers are explained in the table below.

Cookie Owner & details Duration  Purpose
Category: Necessary
AWSALB & AWSALBCORS Capital Economics 6 days Registers which server-cluster is serving the visitor. This cookie is used in context with load balancing, to optimise the experience for our users.
Blaize Capital Economics




139 days

139 days

12 months

This is the cookie that identifies a user’s session in Zephr; it is a unique identifier. We use this identifier to determine, for example, their session state or access model

This is a cookie also related to the session of the user and is used to give Zephr additional data about the session of the user: like the system that created the session or the start date of the session.

The purpose of this cookie is to track a user’s journey from the first visit to the site. It is an identifier that can be used to identify a user once it is authenticated in Zephr.

workbox-expiration#cache-entries Capital Economics Persistent This cookie is necessary for the cache function which is used to optimise the response time between the visitor and the website.
Test-cookie-blocker Capital Economics Persistent Checks if client browser has cookies enabled and can receive our cookies.
session_id Capital Economics 30 mins Unique identifier of a website visit used to record the originating source of a web visit within our CRM system.
Category: Preferences
Lang LinkedIn Session Remembers your selected language.
Category: Statistical
Google Analytics Google






1 minute

1 day

1 minute

2 years

Google Analytics cookies gather information for us about how people browse around our website. This information is used only to create anonymised reports about the traffic source (e.g. social media, Google search) and onsite behaviour of our visitors in general. For example, how many visitors we’ve had, which countries they came from, which pages are most popular, how long they stayed on each page, and so on.

These reports provide useful information which helps us to manage the website and improve our users’ experience of the site. For more information on Google Analytics, click here or read Google’s information about ‘Safeguarding you data

Category: Marketing
IFA Capital Economics





2 years



ads/ga-audiences Google Session Used by Google AdWords to re-engage visitors that are likely to convert to customers based on the visitor’s online behaviour across websites.
Sailthru Sailthru




1 year

1 day

1 year

Collects information on user preferences and/or interactions with web content linked in emails sent via Sailthru. This is used for personalisation and monitoring website usage and content popularity.
LinkedIn LinkedIn










2 years

2 years


1 day

1 day

29 days

3 months


Used by the social networking service, LinkedIn, for tracking the use of their services embedded into our website. Also used to track visitors on other websites to present relevant advertisements based on the visitor’s preferences.

Your right to manage cookies

Most modern browsers allow you to manage the cookies saved on your device. If you don’t want to receive cookies, you can set your browser to notify you when you receive one, then choose to decline it. You can also clear your cache at any time you wish. For more information you may wish to check the cookie controls in your browser.