Tag: Germany

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”? →

Labour’s policies risk snuffing out the recovery

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 →

What’s gone wrong in Germany?

The German economy is stagnating. Last year was bad enough. The first official estimates suggest that output (measured by GDP) shrank by 0.3 per cent over 2023 as a whole – a full year recession – with output also down by 0.3 per cent in the fourth quarter alone. Unfortunately, the omens for 2024 are … Continue reading What’s gone wrong in Germany? →