Including thoughts on UK GDP, “rocket and feather” pricing at the pumps, should the BoE follow the ECB, US bond market intervention, German defence spending, and the latest UK evidence on “second round” effects... Theme of the Week The reassuringly strong GDP data added to evidence that the UK economy is holding up better than … Continue reading Weekly wrap – Has the UK economy really “turned the corner”?
Category: Germany
What to make of the latest UK GDP data
It is great to be able to start with some good news… The 0.3% growth in the UK economy in November was a bit better than consensus expectations of around 0.1%, with some favourable revisions to previous data as well. The detail showed that the bounce in November was driven in part by a rebound in car … Continue reading What to make of the latest UK GDP data
Does the UK’s weak growth in GDP per head really “lay bare the full costs of Brexit”?
Many people have asked me about this chart, which appeared in David Smith’s regular (and usually excellent) column in the Sunday Times this weekend. The chart shows that GDP per head has grown much faster since 2016 in the euro area than it has in the UK – ‘nearly three times as fast’, according to … Continue reading Does the UK’s weak growth in GDP per head really “lay bare the full costs of Brexit”?
A second Trump presidency strengthens the case for Brexit
The usual suspects were quick to seize on Donald Trump’s victory in the US Presidential elections as ‘yet another reason’ for the UK to rejoin the EU. Of course, some people need no excuse. If Kamala Harris had won, they would have insisted that a rejuvenated Democrat-led administration offered a great opportunity to reset US-EU … Continue reading A second Trump presidency strengthens the case for Brexit
