Let us start with the good news. The UK economy is set to beat expectations this year and outperform the euro area, boosting the appeal of UK assets to overseas investors. UK GDP grew by a solid 0.7 percent in the first quarter, and this rate is likely to be matched in the second. Even … Continue reading Labour’s policies risk snuffing out the recovery
Category: Brexit
The libertarian case for Brexit – restated
Back in January the IEA published a blog post by Emmanuel Comte with the title “Why Brexit was a mistake, from a libertarian perspective”. I believe this judgement is wrong – or at best, premature – but the libertarian case for Brexit does often need restating. Dr Comte, a Senior Research Fellow at the Hellenic … Continue reading The libertarian case for Brexit – restated
Two forecasts for 2024: 2% inflation in April and 4% interest rates by year-end
The tick up in UK CPI inflation to 4.0% in December last year was an unwelcome surprise, but one small miss in one month’s data does not change the big picture. For a start, inflation is still lower than the Bank of England had been forecasting. The November Monetary Policy Report assumed that inflation would … Continue reading Two forecasts for 2024: 2% inflation in April and 4% interest rates by year-end
Are Brexit supporters thick? (#QTWTAIN)
An academic study published this week found that people with ‘lower cognitive ability’ were more likely to vote Leave in the 2016 UK referendum on EU membership. This was, of course, seized upon by many Remainers as more evidence that Brexit was a ghastly mistake. But does this stack up, or it is just another … Continue reading Are Brexit supporters thick? (#QTWTAIN)
Plain-speaking Economics 