Blogs: Sectors, Trade & Competitiveness

Modern supply chains are international and highly fragmented, and services can be readily traded. Our expertise makes sense of these complexities.

UK economy is flat and becoming more unbalanced

uk economy

GDP figures released today show the UK economy grew by 0.3 percent in the third quarter. This means economic activity has expanded by just 1 percent over the past year, less than half the trend long-term growth rate of just over 2 percent.

If we look at progress over the cours…

No-deal Brexit: how bad could it be?

It was all supposed to be so easy but, with weeks to go, a no-deal Brexit is still a possibility amidst the political chaos. How bad could it be? Managing Director, Phil Summerton, explores the indicators.

“There is no plan for no deal, because we’re going to get a great dea…

Trade modelling, supply and demand… and Brexit

trade supply demand brexit

In a previous blog post I wrote about how the positive impacts of trade may be exaggerated by standard models – and how the economic impacts of trade may not always be positive.

I noted that simulations with Cambridge Econometrics’ post-Keynesian E3ME model would not neces…

Austerity and the relative success of English football teams

football austerity government spending

The impact of changes to the TV industry, the financial crisis and subsequent period of austerity appear to impact on the relative success of English football teams.

Here, our Director Hector Pollitt combines two of his passions: football and economics and puts forwards some s…

Saving Santa and the North Pole’s economy

In this light-hearted blogpost our Director, Hector Pollitt wonders how an economist would set about modelling the economy of the North Pole and finds that the challenges are not insurmountable.

But how on earth do you account for ‘magic’?  Is there a currency? What about…