New ONS analysis shows that UK productivity has held up much better than previously thought. Here’s a quick Q&A including what this could mean for the Budget, and what it is telling us about Brexit... This week the ONS published new analysis of the key measure of labour productivity, namely output per hour worked. This … Continue reading Six questions and answers on the new UK productivity data
Tag: trade intensity
Six charts to mark “Brexit at 10”
Here is a selection of charts designed to challenge some of the shakier claims about the economic impacts of Brexit, including on the pound, investment, food prices, trade, and overall GDP. Many newspapers and magazines have published sets of charts to mark the tenth anniversary of the UK’s vote to leave the EU – most … Continue reading Six charts to mark “Brexit at 10”
The ‘Brexit blame game’ is pretty desperate stuff
Rachel Reeves is getting her excuses in early ahead of next month’s Budget, which looks set to be a painful repeat of last October’s “one off”. The Chancellor has already blamed “external headwinds”, “Tory austerity” and “the ongoing impact of Liz Truss’s mini-Budget”. It is no surprise that she has now dropped the “B-word” too. … Continue reading The ‘Brexit blame game’ is pretty desperate stuff
