• Economic updates,Research Briefing

    Economic update: new targets, new forecasts, new Library briefing!

    November saw the Chancellor Philip Hammond deliver his first Autumn Statement, which was accompanied by the publication of the Office for Budget Responsibility’s first set of forecasts for the economy and the public finances since the EU referendum. Autumn Statement The Chancellor’s announcements included additional infrastructure investment, a modest change to Universal Credit, an increase

  • Economic updates,Research Briefing

    Economic Update: November 2016

    GDP growth of 0.5% in the three months following the EU referendum was in line with its trend of recent years and above most forecasts. However, with inflation expected to increase over the next year due to the fall in the pound, consumers may rein in their spending, potentially resulting in slower GDP growth.

  • Economic updates,Research Briefing

    Economic Update: October 2016

    The UK economy continues to give positive signs, but much like last month there remains little in the way of hard economic data on the impact of the EU-referendum. The economy continues to give positive signs post-referendum Confidence indicators look encouraging at the start of October. The Manufacturing Purchasing Managers Index, an important indicator of

  • Economic updates,Research Briefing

    Economic Update: September 2016

    Some good news, but don’t get carried away. A series of positive economic data in August and early September appeared to defy predictions of immediate Brexit gloom. Nevertheless, a lack of hard data on the state of the UK economy post-EU referendum coupled with forecasts for weak economic growth means caution is very much still

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