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01 March 2013
Last week’s politically embarrassing downgrade of government debt by the credit rating agency Moody’s is probably not really worth worrying about by itself, but it does highlight legitimate concerns about the UK economy’s potential to grow itself out of its problems.
01 June 2012
The manufacturing sector shrank rapidly in May, according to data released this morning; looking closely at the data provides even more reason for concern, and the case for policy action is growing.
11 May 2012
Yesterday’s Composite Leading Indicators from the OECD indicate that the UK may have reached a turning point in the economic cycle, but it looks as though the recession may continue for a little while yet.
12 April 2012
This morning’s trade figures appeared to be disappointing reading, with the UK’s deficit on trade in goods and services rising to £3.4bn in February from £2.5bn in January. January’s figure itself was an increase from a previously estimated £1.8bn deficit.