Retail sales in the UK in March tell the story of what is happening in the UK economy: From the spring of 2021 onwards, the
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Coming soon – the Mile End Road Economists’ prescription for getting out of the recession that’s coming out way
Having announced one publishing venture this morning, I also note that Danny Blanchflower has spilled the beans on another. Danny and I describe ourselves as
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The IMF forecast tough times ahead for the UK, but they are being much too optimistic
As the FT noted yeseterday afternoon: The IMF predicted that Britain’s economy would increase by just 1.2 per cent in 2023 and that its inflation
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Recession is not coming: it’s almost certainly already here
According to The Guardian this morning: Britain’s economy is at growing risk of falling into a summer recession amid the biggest squeeze on household incomes
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There may be trouble ahead
This tweet is from my friend and fellow Mile End Road economist Danny Blanchflower: Danny has promoted the idea that the public knows better than
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The word on the Mile End Road is that recession is coming, soon.
Reuters UK economic correspondent noted this yesterday on Twitter:: He also noted: In response my fellow Mile End Road economist, Danny Blanchflower noted: Danny explains
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The Bank is forecasting a terrible year to come. They seem to be doing their utmost to make it worse.
The Bank of England has very recently issued a press release saying that they have agreed to increase their base interest rate by one-quarter of
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Bad as QE was, unwinding it rapidly could be worse
The Office for Budget Responsibility published this commentary this week: This needs to be out in the context of its borrowing forecasts made last October:
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The national insurance increase planned for April cannot be justified
Prof Danny Blanchflower and I had a brief Twitter exchange last night on the subject of cancelling the planned national insurance increase, due in April,
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