On 14 April the New Statesman published an article which was intended to show that the Irish economy is booming at the expense of ‘Brexit Britain’. This conclusion was backed by some striking graphics, which are still being gleefully shared by the usual suspects. But it was also baloney. People have been taken in here … Continue reading Are Irish incomes really twice those of the UK?
Tag: Brexit
No, our inflation problem is not due to Brexit
It is so much simpler to interpret the UK economy if you attribute every single problem to Brexit. But it is also wrong. Last week, for example, the EU statistics agency Eurostat released preliminary data suggesting that consumer price inflation in the euro area fell from 8.5pc in February to ‘just’ 6.9pc in March, including a … Continue reading No, our inflation problem is not due to Brexit
Prospects for UK manufacturing are brighter than Make UK suggests
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
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’
Plain-speaking Economics 