The Saturday Economist May 18th : Inflation Report, a welcome change in outlook Posted on May 18, 2013 by John Ashcroft Economics news – Inflation Report, a welcome change in outlook Inflation Report Wednesday, May Inflation Report, last in the series (of 82) for Sir Mervyn King as Governor. “There is a welcome change in the economic outlook”. Projections are for … Read More
The Saturday Economist 20th April – Fitch ratings, IMF doubts, inflation, retail sales and jobs Posted on April 20, 2013 by John Ashcroft Economics news – Fitch ratings, IMF doubts, inflation, retail sales and jobs news Fitch ratings agency downgrade – Tough week for the Chancellor as ratings agency Fitch downgraded the UK’s IDR (Issuer Default rating) from AAA to AA+. Fitch follows … Read More
The Saturday Economist 13th April – construction, manufacturing and trade – no way out! Posted on April 13, 2013 by John Ashcroft Economics news – construction, manufacturing and trade – no way out! Britain isn’t working – at least as policy makers hoped. This week the ONS released the February data on construction, manufacturing and trade. The glum news on construction and … Read More
The Saturday Economist : recovery in sight, the pound is just right? Posted on March 16, 2013 by John Ashcroft Recovery in sight, the pound is just right and we might have seen growth without falls in construction and oil last year. This was the gist of the Governor’s interview with ITN news this week. Sterling rallied on the back … Read More
The Budget for Greater Manchester released today….. Posted on March 14, 2013 by John Ashcroft An economy in recovery but at a much slower rate than trend…. Download the Budget Statement Join the Saturday Economist Mailing List Without growth it will be difficult to reduce the deficit, but growth in service sector output and domestic … Read More
The Saturday Economist 2nd March – growth in 2012 is 0.2% but watch out for the sequester Posted on March 2, 2013 by John Ashcroft Economics news – Growth in 2012 is 0.2% but watch out for the sequester! Start the year on a positive note and get it over with has been our opening gambit at presentations so far this year. It is now … Read More
The Saturday Economist : 2nd February, the great rotation has begun. Posted on February 2, 2013 by John Ashcroft Economics news – The great rotation has begun Markets, opened the new year with the best advance in over twenty years. The Dow closed above 14,000, the FTSE 100 closed at 6,347 and the FTSE 250, already in high ground, … Read More
The Saturday Economist 26th January, Growth, Jobs and Borrowing Posted on January 26, 2013 by John Ashcroft Economics news – Good News on Employment offset by growth and borrowing GDP Q4, the first estimate for GDP in the final quarter of the year was revealed on Friday. The good news, there was no growth last year but … Read More
The Saturday Economist : Retail Sales and Inflation plus McCafferty speaks (sense) Posted on January 19, 2013 by John Ashcroft Economics news – Retail Sales, Inflation and McCafferty’s first speech as member of the MPC. McCafferty, McCafferty there’s no one like McCafferty. Retail Sales, as if the news from Jessops, HMV and Blockbusters was not enough to dampen spirits in … Read More
The Saturday Economist 12th January : Happy New Year ? Posted on January 12, 2013 by John Ashcroft Economics news – we start the year on a positive note. No need to worry about the US fiscal cliff, the Chinese choke or the Euro Yoyo for the moment. We can drop a BRIC as Indonesia is set to … Read More