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Economics

  • Our theories of growth are broken — ‘do good’ businesses will boost Britain

    November 29, 2023

    We've exhausted the other options for growth, it's time to embrace a purpose-led economy, writes Andrew O'Brien.

  • Hawkish Bank officials warn hot labour market means ‘higher rates for longer’

    November 28, 2023

    Markets think that the Bank will start to unwind its historic run of interest rate rises next summer.

  • Government ‘does not have any spending plans’ after March 2025, OBR chief says

    November 28, 2023

    MPs scrutinised the OBR after its latest round of forecasts.

  • How to fix the Bank of England: Economists have their say

    November 28, 2023

    A stinging report has left the Bank of England in the spotlight - again. We asked the best and brightest how to turn the Old Lady around.

  • Andrew Bailey concerned by UK’s lower ‘potential growth rates’ due to supply constraints

    November 27, 2023

    Andrew Bailey, governor of the Bank of England, said the UK's worst performance on the supply side in recent years "concerns me a lot" as he warned that rates would not be cut any time soon.

  • Bank of England to give UK GDP a ‘modest’ upgrade after Autumn Statement, analyst claims

    November 27, 2023

    In last week's fiscal event, Chancellor Jeremy Hunt unveiled a fiscal loosening worth £18bn, the majority of which came from tax cuts.

  • Bank of England needs ‘pruning’ to deliver: Influential Lords Committee

    November 27, 2023

    The Bank of England needs to face more Parliamentary scrutiny and have its remit "pruned" to ensure that independence works as effectively as possible, a new report argues.

  • Businesses could ‘struggle to afford’ increase in living wage, experts warn

    November 27, 2023

    Last week, the government announced that the National Living Wage will rise by almost 10 per cent next year, from £10.42 to £11.44 an hour.

  • 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

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