How the numbers in the CBI Economics report are being spun to mislead, and why Italy and Spain are not good benchmarks for the performance of ‘Brexit Britain’… Welcome to the third weekly wrap of key points from my social media posts. These wraps will typically include a mix of comments on the UK and … Continue reading Weekly wrap: is the ‘net zero’ economy really worth £105 billion?
Tag: Italy
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”?
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?
Plain-speaking Economics 