UK economy showing signs of ‘zombie apocalypse,’ says think tank Economics The UK economy faces a “zombie apocalypse” in the coming year, as years of tough trading conditions force thousands of unproductive firms to the wall, an influential left-leaning think tank has predicted. The Resolution Foundation forecasts a “triple whammy” of multi-year increases in interest rates, energy prices and the minimum wage will lead to the [...]
Bank of England’s Pill: Inflation still needs to be ‘squeezed out’ of the UK Economics Despite returning to the two per cent target, inflation still needs to be "squeezed out" of the UK economy, Bank of England chief economist Huw Pill said today.