On Monday the Energy and Climate Intelligence Unit published a report by CBI Economics which generated plenty of uncritical headlines about the “booming net zero economy”. In particular, the report claimed that the total economic value (GVA) generated by the sector grew by 10.1% last year, and that this supported the equivalent of 951,000 full-time … Continue reading Is the “booming net zero economy” really a key driver of growth?
Tag: GDP
UK economic and policy outlook
In case of wider interest, here are the slides from a brief presentation I made today. It was mostly gloomy, but did include some reasons for optimism... UK economic and policy outlook (24 February 2025)Download
Schools presentation on fiscal policy
Here the slides from a presentation I gave last week to A-level students of economics at a schools conference in Portsmouth. They include primers on the UK fiscal framework and the bond markets, the importance of confidence and credibility, and a comparison of the fallouts from the fiscal events in September 2022 and October 2024. … Continue reading Schools presentation on fiscal policy
Fourth quarter GDP ‘boost’ is nothing to cheer
The first official figures for UK GDP in the final quarter of last year may not have been quite as bad as expected, but it says a lot that some are keen to trumpet economic growth of just 0.1% as ‘good news' and a much-needed 'boost' for Rachel Reeves. Quarterly growth of at least 0.4% … Continue reading Fourth quarter GDP ‘boost’ is nothing to cheer
