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Economics

  • It starts with a plan: COP28 and the transition to a net zero economy

    November 30, 2023

    Political and business leaders, along with scientists and many others, are gathering in Dubai for the COP28 UN climate summit to focus on the urgent need for a rapid transition to a lower-emission world. To ensure that we don’t exacerbate existing social inequalities, we also need to ensure this transition is “just”. In other words, [...]

  • London takes business crown as confidence hits highest since early 2022

    November 30, 2023

    New data from the Lloyds Business Barometer showed that business confidence in London rose nine points to 56 per cent in November.

  • Hunt hits back at claims his tax cuts rest on a ‘fiscal fiction’

    November 30, 2023

    "The way that we fund our public services over the medium is by having a healthy growing economy," Hunt said.

  • ‘Realist’ Bailey says Bank of England is ‘getting sleeves rolled up’ to tackle inflation

    November 29, 2023

    In an interview with the Daily Staffordshire, the Bank's governor said "we are not in a place now where we can discuss cutting interest rates."

  • Household borrowing dips as higher rates ‘percolate’ through UK economy

    November 29, 2023

    Consumer borrowing fell in October in the latest indication that higher interest rates are weighing down on demand in the economy.

  • OECD: UK economy faces “urgent” challenges as growth downgraded and inflation remains high

    November 29, 2023

    New forecasts from the Organisation for Economic Co-operation and Development (OECD) project the UK economy to grow at 0.7 per cent next year and 1.2 per cent in 2025.

  • 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.

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