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Economics

  • Bank of England: Growth is slowing, but that’s not slowing inflation

    November 24, 2023

    The Bank of England's Chief Economist Huw Pill has warned inflation is not being slowed by a slowing UK economy

  • Consumer confidence: Brits cheer up in time for Black Friday

    November 24, 2023

    Retailers are bracing for a Black Friday bonanza - boosted by news of consumer confidence finally turning a corner

  • Hunt has raided the piggy-bank for his tax cuts. Will it work?

    November 23, 2023

    By spending all of the extra inflation windfall in one go, its hard to avoid the conclusion that Hunt has taken a big gamble.

  • UK ‘found its feet’ in November as economy returned to expansion but recession fears remain

    November 23, 2023

    “The UK economy found its feet again in November as the service sector arrested a three-month sequence of decline," Tim Moore, Economics Director at S&P Global Market Intelligence said.

  • OBR and Hunt fail to see eye-to-eye on the UK’s fiscal position

    November 22, 2023

    Listening to Jeremy Hunt, you would be forgiven for thinking the UK's public finances were in rude health. The OBR may disagree.

  • OBR downgrades UK growth prospects as higher interest rates bite

    November 22, 2023

    The Office for Budget Responsibility (OBR) has downgraded its growth forecasts for the UK economy over the next couple of years as higher interest rates bite.

  • Alarm over economy ‘slowing swiftly’ with manufacturing deteriorating to 2021 low

    November 22, 2023

    Order books for manufacturing firms fell to their weakest level since early 2021, dampening hopes of a recovery in the sector.

  • Sluggish global growth cannot be an excuse for Britain ignoring opportunities

    November 22, 2023

    An industrial strategy will not go amiss, but we must look at far more to fix Britain's growth problem, writes Paul Ormerod

  • Business budget: Hunt vows to cut taxes and boost investment by £20bn a year by 2030

    November 21, 2023

    Jeremy Hunt has vowed to boost business investment by £20bn a year by 2030 ahead of the Autumn Statement.

  • Latest borrowing figures pose headache for Hunt ahead of Autumn Statement

    November 21, 2023

    Samuel Tombs, chief UK economist at Pantheon Macroeconomics, said that "October’s data likely are more indicative of the trend over the coming months".

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