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Economics

  • Four-fifths of manufacturers not ready for no-deal Brexit as economists warn of £40bn hit

    September 21, 2018

    The vast majority of British manufacturers are unprepared for a no-deal Brexit, a poll will show today, as economists predict a major £40bn hit to the UK economy in the event of a disorderly exit from the EU. More than four in every five manufacturing firms say they are not prepared, the survey by the [...]

  • Four-fifths of manufacturers not ready for no-deal Brexit as economists warn of £40bn hit

    September 21, 2018

    The vast majority of British manufacturers are unprepared for a no-deal Brexit, a poll will show today, as economists predict a major £40bn hit to the UK economy in the event of a disorderly exit from the EU. More than four in every five manufacturing firms say they are not prepared, the survey by the [...]

  • DEBATE: Is there a silver lining for consumers to the increased inflationary pressures?

    September 20, 2018

    Is there a silver lining for consumers to the increased inflationary pressures? Emma-Lou Montgomery, associate director for personal investing at Fidelity International, says YES. A little inflation can be a good thing. It’s a sign of an improving economy, and it means that your debts – providing that your income rises in line with or [...]

  • Britain can’t escape a global trade war – so we have to stop it

    September 20, 2018

    The first casualty of war, it is said, is truth. The first casualty of the current US-China trade war was Mid-Continent Nail – America’s largest nail producer – which is in a state (Missouri) that overwhelmingly voted for Donald Trump, and has already had to lay off a third of its workforce. The problem is [...]

  • DEBATE: Is there a silver lining for consumers to the increased inflationary pressures?

    September 20, 2018

    Is there a silver lining for consumers to the increased inflationary pressures? Emma-Lou Montgomery, associate director for personal investing at Fidelity International, says YES. A little inflation can be a good thing. It’s a sign of an improving economy, and it means that your debts – providing that your income rises in line with or [...]

  • Britain can’t escape a global trade war – so we have to stop it

    September 20, 2018

    The first casualty of war, it is said, is truth. The first casualty of the current US-China trade war was Mid-Continent Nail – America’s largest nail producer – which is in a state (Missouri) that overwhelmingly voted for Donald Trump, and has already had to lay off a third of its workforce. The problem is [...]

  • Inflation driven to six-month high by fuel and package holiday prices

    September 19, 2018

    Inflation in the British economy rose at its fastest rate in six months in the year to August, with increases in prices of petrol and package holidays among the main contributors to price growth. The consumer price index (CPI) tracking inflation rose by 2.7 per cent compared to last year, according to the Office for National [...]

  • Inflation driven to six-month high by fuel and package holiday prices

    September 19, 2018

    Inflation in the British economy rose at its fastest rate in six months in the year to August, with increases in prices of petrol and package holidays among the main contributors to price growth. The consumer price index (CPI) tracking inflation rose by 2.7 per cent compared to last year, according to the Office for National [...]

  • Britain and the US can show the world what a free trade deal should like

    September 19, 2018

    Now might seem an odd time to be considering new free trade deals with the US, when President Donald Trump has just escalated his trade war with China by imposing new tariffs on $200bn worth of goods. The UK, meanwhile, is still focused on resolving the uncertainty surrounding its future trading relationship with the EU. [...]

  • DEBATE: Should the government scrap the limits on skilled migrants coming to the UK?

    September 19, 2018

    Should the government scrap the limits on skilled migrants coming to the UK? Jasmine Whitbread, chief executive of London First, says YES. People from the EU and around the world are critical to our economy – thousands of workers in financial services, construction, hospitality and professional services, each contributing £46,000 every year to our economy [...]

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