Archives
- January 2014
- November 2013
- October 2013
- April 2013
- February 2013
- January 2013
- November 2012
- October 2012
- September 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
Categories
- Africa
- Age discrimination
- Agriculture
- aid
- Asia
- Australia
- Balance of Payments
- Balance of Trade
- Bank of England
- Banking
- China
- Company Insolvencies
- Competition Commission
- Consumer Expenditure
- Consumer Price Index
- Corporate losses
- crowding out
- Deflation
- Demographics
- Development
- Earnings
- economic growth
- Elasticity
- Employment
- Energy
- Energy supply and security
- Environment
- European Union
- eurozone
- Exchange Rates
- Externalities
- Ezine
- Family spending
- Fiscal stimulus
- Food price inflation
- Foreign Direct Investment
- G20
- GDP
- GDP per head
- Gender equality
- Gender pay gap
- Global Warming
- government borrowing
- government spending
- Greenhouse Gases
- Gross National Income
- Household income
- Household wealth
- Housing
- Human Development Index
- Immigration
- industrial production
- Inequality
- Inflation
- Infrastructure
- Interest rates
- International
- International Labour Organisation
- International Monetary Fund
- International Trade
- Internet
- Investment
- Ireland
- Japan
- Keynesian
- labour markets
- Least Developed Coutries
- Lending
- Low-income countries
- macroeconomic policy
- Manufacturing
- market failure
- mergers and takeovers
- Microeconomics
- migration
- Minimum pricing
- Minimum Wage
- Monetary Policy Committee
- Monetary Union
- Money Supply
- Multiplier Effect
- nationalisation
- News
- Obesity
- OECD
- Office for Budget Responsibility
- Office of Fair Trading
- Oil
- OPEC
- Population
- Pricing
- production
- productivity
- Protectionism
- Public Finances
- Quantitative Easing
- Quotas
- recession
- Renewable energy
- Retailing
- savings
- Service Sector
- Site Information
- Small Business
- sterling
- Strikes
- swine flu
- Tariffs
- taxation
- Transport
- Travel and Tourism
- UK economy
- UK industry
- Uncategorized
- UNCTAD
- unemployment
- US economy
- Workless households
- World Bank
- World Trade
- World Trade Organisation
Tags
average earnings Balance of Trade Bank of England China CPI Deflation developing countries Earnings economic growth Employment EU eurozone exports GDP gdp growth government borrowing government spending growth house prices imports Inflation Interest rates International Trade Investment Manufacturing MPC OECD private sector production Public Finances public sector public sector net borrowing quantitative easing recession RPI RPIX services sterling taxation unemployment unemployment rate US VAT World Trade youth unemployment
Monthly Archives: June 2009
Lending growth virtually grinds to a halt
The increase in total net lending to individuals in May was £0.6 billion, which was lower than both the April increase of £1.1bn and the six month average of £1.3bn. The twelve-month growth rate also continued to fall. It was 2.6% in February, 2.1% in March, 1.7% in April and only 1.4% in May. These figures were published yesterday by … Continue reading
Comments Off on Lending growth virtually grinds to a halt
Foreign investment into UK rises despite recession
The number of foreign direct investment (FDI) projects located in the UK, expanded to 1,744 in the last financial year, 2008-09. This compares with 1,573 projects in the previous year. According to UK Trade and Investment, the international business development body, in spite of the most difficult economic conditions, the UK was able to maintain its position as the … Continue reading
Comments Off on Foreign investment into UK rises despite recession
Huge differences in GDP per inhabitant across EU
Based on 2008 figures, Eurostat has just published figures for Gross Domestic Product (GDP) per inhabitant across the EU. This showed variations of 40% to 253% of the EU27 average across member states. At the other end of the scale, Slovenia, the Czech Republic, Malta, Portugal and Slovakia all came in at between 10% and 30% lower than average. Estonia, … Continue reading
Comments Off on Huge differences in GDP per inhabitant across EU
Inflation Targeting: Learning the lessons from the financial crisis
On Tuesday of this week, Spencer Dale, Executive Director and Chief Economist at the Bank of England, used the above title as his talk to the Society of Business Economists, and I will try to summarise his main themes. He noted that the sudden end to a long period of economic stability has led to the inflation targeting framework … Continue reading
Tags: Bank of England, Bank Rate, banking crisis, crowding out, Exchange Rate, Inflation targeting, Interest rates, MPC
Posted in Bank of England, Banking, crowding out, Exchange Rates, Interest rates, Monetary Policy Committee, sterling
Comments Off on Inflation Targeting: Learning the lessons from the financial crisis
OECD sees unemployment rising well into next year
The OECD has just released a forecast projecting that unemployment in OECD countries will continue to rise well into 2010, with the average unemployment rate rising to almost 10%. This compares with the latest figure of 7.8% for April 2009. At the end of 2008 there were 37.2 million out of work in OECD countries but this is estimated … Continue reading
Comments Off on OECD sees unemployment rising well into next year
US fiscal policy and the multiplier effect
Traditional Keynesian theory suggests that a change in government expenditure on real GDP has an effect greater than one-for-one. In other words as a government pumps money into the economy this will put unemployed resources to work which will have a one-for-one effect initially. However, as households receive additional income they will spend some of this and thus there will … Continue reading
Comments Off on US fiscal policy and the multiplier effect
Is price deflation being overstated?
Professor Greg Mankiw of Harvard University has just pointed out that the CPI figure in the US which has moved into negative territory, may be exaggerated because it is based on a “trimmed mean estimate”, which removes the large relative price changes in each month. He says: “As every grade school student learns when the teacher reports results of … Continue reading
Comments Off on Is price deflation being overstated?
Public sector borrowing rises at record level
Public sector borrowing rose in May by £19.9bn., which compares with a rise of £12.2bn in the same month last year. This is the largest monthly increase since records began. This means that in the first two months of the new fiscal year, there was a total budget deficit of £30.5bn. Borrowing in April and May was almost 50% up … Continue reading
Tags: budget deficit, corporation tax, government borrowing, government receipts, public sector net borrowing, social benefits, VAT
Comments Off on Public sector borrowing rises at record level
Youth unemployment is becoming a real problem
Although overall unemployment in the UK has continued to rise, with 7.2% of the workforce out of work, as discussed yesterday, the worsening situation for our young people has been largely overlooked. The latest figures in the three months to April 2009 show that we now have 16.6% of our 18-24 age group, currently out of work. This is … Continue reading
Comments Off on Youth unemployment is becoming a real problem
Largest quarterly fall in employment since records began
The number of people in employment in the UK in the three months to April 2009 was 29.11 million, which was down 271,000 on the quarter and 399,000 over the past year, according to figures just released this morning by the Office for National Statistics. This was the largest quarterly fall in the number of people in employment since comparable … Continue reading
Tags: Employment, employment rate, recession, redundancies, unemployment rate, unempolyment, vacancies
Comments Off on Largest quarterly fall in employment since records began