Tag: UK economy

Six reasons to be optimistic about the economic recovery

The economic data to be reported over the next few weeks will be pretty grim, adding to the social costs of coronavirus. But if you look beyond the headlines, there are at least half a dozen good reasons to be positive about the prospects for the recovery that will follow. First, the recovery has already … Continue reading Six reasons to be optimistic about the economic recovery

Could the lockdown cost more lives than it saves?

The UK government’s daily coronavirus briefing on Friday drew more attention to a question that has already been troubling many people: could the wider economic and health impacts of the fight against Covid-19 actually do more harm than the virus itself? My view, for what it’s worth, is that it is right to err on … Continue reading Could the lockdown cost more lives than it saves?

Is the ‘Brexit bounce’ the real deal?

Economists are divided on whether there will be a significant boost to the UK economy from a reduction in Brexit uncertainty. I’m optimistic and expect growth to accelerate over the course of 2020 and beyond. Others are not, arguing that the best we can expect is more certainty of a bad outcome. Here’s a summary … Continue reading Is the ‘Brexit bounce’ the real deal?

Has Brexit really already cost us [insert number here]?

Ever since the 2016 referendum, economists have attempted to estimate what Brexit ‘has already cost’ the UK economy and households. It won’t be a surprise to see some of the most depressing numbers dusted off this week to mark the departure from the EU. But all these studies should be taken with a large pinch … Continue reading Has Brexit really already cost us [insert number here]?

What would Boris’ deal mean for the economy?

According to Brexit pessimists, the UK economy is already as much as 3% smaller than it would have been if the UK had voted to remain in the EU, and the deal that Boris Johnson’s government has negotiated could reduce GDP by another 7% over the next ten years. Fortunately, neither of these numbers stands … Continue reading What would Boris’ deal mean for the economy?