Author Archives: Simon Briscoe

GDP trends – financial services suffer

The UK’s third quarter GDP figures from the ONS were pretty much good news all round – stronger growth than expected and most sectors sharing in that rise. But leaving aside the obsession in the quarter to quarter changes, it is the … Continue reading

Posted in Economics, Public Sector, UK | Leave a comment

Economic Growth – not just the UK’s problem

Just how bad is the state of the UK’s economy? Another clue will come in Tuesday’s GDP figures – the first estimate of third quarter growth. Shadow Chancellor, Ed Balls, leads the “there’s no growth” camp with his oft-quoted line: “Our … Continue reading

Posted in Economics, Euro area, UK | Leave a comment

The UK’s inflation problem – rates compared internationally

It’s no wonder that British consumers are feeling pain from higher prices and that questions are being asked about the appetite of policy makers to control inflation. Just look at these charts. In 2008, the inflation rate in the UK … Continue reading

Posted in Economics, EU, Inflation, OECD, UK | Leave a comment

Energy Prices Hit Consumers – the charts behind the story

The news that Scottish Power is to bring in a double digit increase in domestic gas and electricity prices in August has naturally concerned households whose budgets are already stretched. (See stories in the Guardian and City A.M.) It is … Continue reading

Posted in Economics, Energy, Inflation, UK | 1 Comment

Services bounce back

Just as everyone was dusting off the double-dip narrative, back comes services output to show that the economy is still growing! Services output in January (released today by the ONS) was the second highest (after last September’s) since the recession … Continue reading

Posted in Economics, UK | 1 Comment