The quarterly ‘Manufacturing Outlook’ survey from Make UK (formerly the Engineering Employers’ Federation) is one of the better examples of its kind. It has clearly been written up by some serious economists, which I obviously think is a ‘good thing’. Nonetheless, the headlines appear to paint an overly gloomy picture of the prospects for the … Continue reading Prospects for UK manufacturing are brighter than Make UK suggests
Category: Brexit
A quick ‘thumbs up’ to the ‘Edinburgh Reforms’
The ‘Edinburgh Reforms’ are a sensible package of measures which should improve the competitiveness of the UK financial sector and boost growth across the whole economy. Fears that a ‘bonfire of regulations’ will lead to a ‘race to the bottom’ are misplaced. Many of the rules introduced after the global financial crisis went much further … Continue reading A quick ‘thumbs up’ to the ‘Edinburgh Reforms’
What Mark Carney got wrong
In a recent interview with the Financial Times, former Bank of England Governor Mark Carney made the striking claim that ‘in 2016 the British economy was 90% the size of Germany’s. Now it is less than 70%’. This claim is garbage, for two reasons. Unfortunately, it is just one of a tsunami of fake statistics … Continue reading What Mark Carney got wrong
The seven tactics that Remainers use to discredit Brexit – and why they’re wrong
Brexit has hardly featured in the race to become the next Prime Minister, but the Conservative Party is still divided on the best way forward. The new leader will be under great pressure from many quarters to keep the UK economy as close to the EU as possible, rather than pursue the ambition of a … Continue reading The seven tactics that Remainers use to discredit Brexit – and why they’re wrong
Plain-speaking Economics 