Tag Archives: consumers

Booming Britain

Economic recovery is now widely accepted as well underway. Turns out there was no double dip and growth has been better than expected so far this year. The week-end papers are full of stories of recovery in the services sector, … Continue reading

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Tools to hand not up to the job

The tools available to central bankers are ill suited to the enormity of the task at hand. So says bond market guru Mohammed El Erian. What are those tasks? De-leveraging indebted banks, households and some corporations – in the property … Continue reading

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A tale of two economies

As economists in the UK ponder why anaemic recovery is accompanied by rising private sector employment, in the US better growth is coming through the standard route of improved productivity. The FT reports that businesses funded by the American Export … Continue reading

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Shifting gear to the slow economy

By the end of 2013 we had no more than reached the point where GDP was  0.6% above its 2010 level and 3% below the 2008 peak. The trade deficit widened to £3.6bn in November from £2.5bn in October, despite … Continue reading

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Recession over!

Great fanfares have greeted a full 1% growth in output over the summer – due in no small measure to the Olympic Games. But the downbeats are not so easily impressed – here’s nef on why a recovery, if it … Continue reading

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Spenders to the rescue

Could economic salvation come through a ‘helicopter drop’ of new money? It sounds such a ridiculously simple path out of our problems that it can’t be true. Can it? The answer depends on the response of businesses. Knowing consumers have … Continue reading

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