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Two years of falling real wages look likely to come to an end, just what an embattled high street is crying out for.Full speed ahead. To paraphrase, nothing in life is certain expect death, taxes and...
The Chancellor opted not to make any changes to tax or spending policy at last week’s Spring Statement, so instead the focus was firmly on the economic assumptions that underpin the public...
President Trump imposes tariffs to protect heavy industry whilst a new group of countries slashes barriersGloves off. President Trump threw down a gauntlet last week by imposing tariffs on steel and...
Last week’s snow induced disruption will have heaped pressure on sectors like retail, leisure and construction. Firms will have to fight hard amid cancellations to manage cash flow and clear...
One swallow a summer does not make, but two swallows? Probably still not enough for a turning point, however much we’d like the UK to crack its productivity problem.More for less. Here’s a...
Inflation is pushing UK consumers to take it easy at the shops meaning they’re no longer leading the charge on growth. Meanwhile new technology is shaking up the long established order in world...
While two of the SpaceX rocket boosters landed gently back on terra firma, it was a much more turbulent period in the markets. US equities had their worst week in two years and volatility woke from...
Economic news from the Eurozone and US was generally very good last week. Bond yields are pushing higher as a result. That’s good news for people worrying about the possibility of more years of...
Good growth from around the world supports the celebratory tone being struck by leaders in Davos.Optimistic. The World Economic Forum meetings in Davos got off to a flying start with the IMF declaring...
The pre-Christmas shopping rush seems to have conincided with inflation’s peak. Consumers and retailers alike will be hoping for an easier ride this year. Cooling. Inflation looks to have passed...
January is usually the time for a bit of restraint after the festive period's excesses. For Britons it might last beyond January given the ongoing squeeze on incomes. But if you're looking for better...
A New Year so an opportune time to do a bit of a stocktake. In this extended brief we take a look back at 2017 and ahead to 2018. Growth and the Labour MarketDownslope. How does the UK economy’s...
The UK economy can chalk up 2017 as a decent, if unspectacular, 12 months. Growth will likely be slower this year compared to last, but not by much. The trouble is some signs of weakening are...
The big let down of the post-crisis recovery has been the failure of wage growth to ignite in the face of an ever-tigthening labour market. Will 2018 finally be the year it changes? Prolonging the...
Chief Economist's Weekly Briefing - Intervention After the sobering downgrade to our prospects for productivity growth comes the scramble for solutions. The new industrial strategy, if fulfilled, is a...
Last week the UK got a downgrade. Its growth prospects were slashed by the Office for Budget Responsibility in the all important area of productivity. If it's correct, the country faces another decade...
Productivity growth – the UK’s Achilles heel – strikes again. The downgrade by the OBR in the UK’s ability to generate productivity improvements in the coming years was...