The pound’s fall is merely the crowd-sourced view of Britain’s perceived economic prospects. If Brexit comes to be seen as good for Britain it would reverse. Some thoughts on the plight of sterling and what British consumers have in common with Donald Rumsfeld, written for Portland’s Brexit unit, here.
A post demonstrating weariness with an apparent need to imply large dramas from small shifts in data, sparked by today’s monthly inflation data.
Philip Hammond’s Conservative party conference speech gives some long-overdue clues as to the approach he will take at the Autumn Statement on November 23rd. Read more.
Triumph or disaster? In terms of the UK economy, it could be either depending on who you believe and what newspapers you read. Here’s a round-up of the data so far, as of the second week in September. But of course everything could change in the weeks and months ahead. But if the government manages to set out a clear path and provide some certainty at least as to what is known and what is unknown, that will help everyone. Read more here
The local labour market data released by the Office of National Statistics last week had some interesting gender differences between different travel-to-work areas. It showed that some parts of the country had similar levels of economic activity between men and women, whereas elsewhere it was very different…read more
Written just as the markets were opening and the prime minister was resigning, here’s my note for Portland Communications on the Brexit result.
Here’s a link to my verdict on the budget, written for Portland