The latest figures for output and employment confirm how the Coronavirus pandemic and associated lockdowns have taken their toll on the UK economy this year. Senior Adviser Andrew Sentance takes a closer look at the divergent experience of sectors in the UK and what lies ahead fo...
Senior Adviser, Andrew, writes about the budget. Napoleon Bonaparte is widely quoted as saying he would rather have lucky generals who win battles than good generals. The “general” in charge of the British economy – Chancellor of the Exchequer Rishi Sunak – has had a fai...
There has been strong growing importance to the UK economy from trade, tourism and higher education links with China in recent years, and estimated that there are over 100,000 jobs in the UK that are supported by links to China.
You can see digital trade everywhere except in the trade statistics. As the UK embarks on a prolonged period of negotiating post-Brexit trade deals this is a challenge to negotiators and policymakers. A new report by Cambridge Econometrics for the Department for International T...
Andrew Sentance assesses what interventions the UK government could make to limit the economic damage caused by the COVID-19 lockdown and encourage a more rapid recovery. Last week’s Bank of England Monetary Policy Report made sobering reading in terms of the short-term outloo...
The COVID-19 pandemic is a health crisis, which is quickly turning into a major economic shock. It affects all sectors of the economy, to varying degrees. Here Ben Gardiner and Chris Thoung looks at three aspects of the economic impact of COVID-19 from a local point of view:...
The latest UK Trade in Numbers published today by the Department for International Trade reminds us that while the US is the UK’s largest non-EU export market, UK exports to the EU are nearly two-and-a-half times greater. Furthermore, the EU plays an important role in exporti...
Most of the predictions so far of moderate losses to GDP proved to be broadly correct – GDP really is around 1-3% lower than it otherwise would have been. But economists must be more up-front about the limitations of their modelling and more careful in the way they allow their...
Andrew Sentance, Senior Adviser, Cambridge Econometrics considers what challenges lie ahead for the new Conservative administration. So it is over. The General Election results are in and we know we will have a Conservative government led by Boris Johnson. But what will he do...
Boris Johnson has won an outright majority in the Commons and will take forward the Brexit Withdrawal Agreement. This blog by Cambridge Econometrics founder, Terry Barker, looks at the potential economic consequences. This is the first of two blogs and looks at the prospects fo...
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