We are on the cusp of change this week. Next week, deeper lockdown restrictions will kick in, triggering another devastating blow to the economy. And across the Atlantic, we have the US elections, which is looking neck-to-neck. All of that […]
Negative interest rates was one of the first things I wrote about in May, and now it looks like it could finally become a reality. This week, Sam Woods, deputy governor of the Bank of England’s Prudential Regulation Authority (the […]
The government has announced an expansion of the Job Support Scheme (JSS), which will kick in from 1 November. As I mentioned in the analysis of the Winter Economy Plan a couple of weeks ago, the JSS initially proposed by […]
Next week marks a sorry anniversary: it’s been six months since the UK first went into lockdown in response to the coronavirus pandemic. When the lockdown kicked in on 23 March, the collective anxiety was palpable. Just over a month […]
The doom and gloom of many headline statistics is shielding some clear indicators of recovery. It’s important to highlight these – not just because it alleviates everyone’s anxiety – because they give a balanced view of where we are right […]
It’s impossible to miss the headlines this week: the UK’s GDP fell by a historic 20.4% in the second quarter of this year and we’re officially in the biggest recession on record. Those are big attention-grabbing headlines, and of course […]
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