The strong growth in UK GDP reported in the first quarter will not be sustained. At best the economy is set to stagnate again in the second quarter, and possibly in the third too. Some good news for a change. The first official estimate for the first quarter confirmed that the UK economy made a flying start … Continue reading “As good as it gets” (reprise)
Category: Politics
Rachel Reeves can’t escape blame for this mess
Now, perhaps more than ever, Britain needs a stronger Chancellor The question no longer seems to be whether Keir Starmer will survive, but when and how he will go, and who will succeed him. Even if the Prime Minister clings on for a few more weeks or months, his authority is shot. Either way, the … Continue reading Rachel Reeves can’t escape blame for this mess
Do Brits really want to rejoin the EU?
Headlines from opinion polls suggest that a majority of Brits now want to reverse Brexit. But a deeper dive shows that this support is shallow and inconsistent, and sentiment could soon shift again. Those seeking closer economic ties with the European Union often claim that this is what the British public want. At face value, … Continue reading Do Brits really want to rejoin the EU?
Three reasons why you should never trust a “doppelgänger”
The claim that Brexit has already shrunk the UK economy by “as much as 8%” is based on flawed analysis and should not be relied upon – especially as an argument for rejoining the EU. This blog looks again at one of the most common ways of estimating the “economic damage” allegedly done by Brexit, … Continue reading Three reasons why you should never trust a “doppelgänger”
Plain-speaking Economics 