Haldane: Bank of England printed money for too long, and recession’s 50:50 Andy Haldane Bank of England's former chief economist says Bank persisted 'too long' with quantitative easing - helping to fuel inflation
Warning over looming threat of recession recession The threat of a recession is looming amid a fall in employment, business optimism and output, a new report is warning. Advisory group BDO said its research suggested that business confidence, output and hiring intentions continued to fall in September as firms grapple with “ongoing inflationary headwinds”. Companies are still struggling to maintain staffing numbers [...]
Recession, what recession? Firms shrug off UK economy fears to focus on growth uk economy Britain’s small businesses are turning their attention away from worrying about whether the country will slip into a recession to focus on growth, a new survey out today shows. Confidence among the country’s small firms – which drive output – climbed sharply from its depths at the end of last year, according to the Federation [...]
Ricardian Equivalence and why Britain’s really in a recession February 21, 2024 The intriguing factor governing low household spending isn't mortgages or energy prices, argues Paul Ormerod, but saving...
UK economy: Disposable income climbs despite recession March 28, 2024 Despite a rise in disposable income, household expenditure actually fell as people replenished their savings accounts and paid down debt.
Lockdown backers to blame for UK recession, suggests minister February 17, 2024 The government’s “minister for common sense” appeared to blame “everybody who voted for lockdown” for the UK economy’s dip into recession.
Reasons to be cheerful? Why the UK could dodge a recession November 21, 2023 After the most recent GDP figures for the third quarter, it is all but certain that the UK will avoid a contraction this year. So are there still reasons to be optimistic about the UK's performance over the coming months?
UK ahead of EU as bloc likely to ‘slip into recession’ September 7, 2023 The UK grew ever so slightly faster than the EU in the second quarter as falling exports brought growth in the bloc to a near standstill.
The Notebook: Carbon bounty hunting, the economics of ageing and a cancelled recession April 15, 2024 Kokou Agbo Bloua, SocGen's global head of economics, takes the Notebook pen to talk carbon bounty hunting and the economics of ageing.
Why a recession does matter – and not just for Rishi Sunak’s career February 15, 2024 After months of debating whether the UK would fall into a recession, we finally have an answer. There's now a new debate: does it matter.