As the campaign to become the leader of the Conservative party and therefore Prime Minister of the UK is whittled down to the final two candidates, the economy continues to struggle. It has shown paltry growth since the crisis of 2007/8, mainly down to poor productivity. ‘Levelling up’, Brexit, none of these has changed that …
How high will the UK interest rate go?
With inflation continuing to rise and central banks reacting by raising interest rates, the critical question must be how high will rates have to rise to curb inflationary pressure? To do that, we need to consider what a ‘neutral’ interest rate – one that kept prices steady – would look like, and how much higher …
Economic shocks and the tightrope to growth
Yet again, the Chancellor’s Spring Statement turned into a Spring Budget. Expectations were that the Government would intervene to alleviate the impact of higher fuel and food prices on household income. Whilst fuel duty was cut by 5p a litre for 12 months and the National Insurance threshold raised, for many, those expectations weren’t met, …
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