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Trevor Williams

Trevor Williams

Economist, Visiting Professor, Lecturer, Writer, Public Speaker.

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Tag: recession

Posted on 9th January 202325th July 2024

A look ahead to 2023

My first prediction is that I am confident that only some of the projections people make will fully capture what happens this year. One of the lessons of the last few years is that more disruptive events are occurring more frequently than before, causing more uncertainty.   Some things will continue this year: technological change will continue …

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Posted on 31st December 202225th July 2024

Annus horribilus – yet another lost year

Optimism at the start of 2022 that, with the end of the pandemic, the UK was on the cusp of a period of robust and steady growth, was dashed by the Russian invasion of Ukraine in February. Although the headline average annual growth rate is 4%, it is highly misleading. The economy is in recession. …

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Posted on 21st November 202225th July 2024

Has the Chancellor tightened policy too much?

Framed as a budget to shrink debt and control inflation, Jeremy Hunt’s statement in the fifth fiscal event of this year essentially left most of the heavy lifting to 2025 and beyond. Of the measures announced, some three quarters were spending cuts, and just one quarter were tax increases. Of the £61.7 billion fiscal tightening …

Continue reading “Has the Chancellor tightened policy too much?”

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