30 November 2017 Low Productivity A price paid for virtue? By John Watson For all the cautious common sense behind Mr Hammond’s measures, as he doled out a billion here and a billion there to serve as sticking plaster for the nation’s problems, they could only achieve so much in the face of the forecast… Continue reading Issue 131: 2017 11 30: Low Productivity (John Watson)
Tag: Office of Budget Responsibility
Issue 130:2017 11 23:A lens on the week
23 November 2017 A lens on the week UK BUDGET: Yesterday’s budget speech was delivered against disappointing figures from the independent Office of Budget Responsibility. Forecast growth has been marked down, from 2% to 1.5% for the current year with a further decline in the four years after that. The drop is driven by expected… Continue reading Issue 130:2017 11 23:A lens on the week
Issue 97: 2017 03 23: Moving the interest rate goal posts(Frank O’Nomics)
23 March 2017 Moving the interest rate goal posts The Bank of England has forgotten its mandate by Frank O’Nomics The Monetary Policy Committee of the Bank of England sets UK interest rates with a view to keeping inflation close to 2% over the medium-term. If inflation is forecast to exceed this target at a… Continue reading Issue 97: 2017 03 23: Moving the interest rate goal posts(Frank O’Nomics)
Issue 82: 2016 12 01: The futility of forecasts (Frank O’Nomics)
1 December 2016 The futility of forecasts Are predictions for the UK economy deliberately gloomy? by Frank O’Nomics It’s all very well wanting to “have your cake and eat it”, but the more important question is “how big is the cake?” The government’s investment plans announced in the Autumn Statement, designed to counter the potential… Continue reading Issue 82: 2016 12 01: The futility of forecasts (Frank O’Nomics)
Issue 46: 2016 03 24:Pointless:The problem with Budgets(Frank O’Nomics)
24 April 2016 Pointless: The problem with Budgets by Frank O’Nomics Problem singular? Why stop at one? ” Surely there are myriad issues that make the whole UK Budget process an exercise in futility?”, I hear you ask. You have a fair point and could start with the general issue that Budgets are driven… Continue reading Issue 46: 2016 03 24:Pointless:The problem with Budgets(Frank O’Nomics)
