The Saturday Economist : UK recovery continues as markets push to new highs Posted on May 4, 2013 by John Ashcroft Economics news – UK recovery continues as markets push to new highs Economics news – latest data suggests the UK recovery continued into April, on the back of strong service sector growth. The FTSE 100 closed above 6,500 as global … 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 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 16th February : Inflation, Retail Sales and Base Rates Posted on February 16, 2013 by John Ashcroft Economics news – Inflation, Retail Sales, the Inflation Report and Base Rates. Inflation made the headlines this week. CPI inflation was unchanged in January at 2.7%, – the surge in education fees still pushing the index out of target range, … 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
The Saturday Economist 8th October – Autumn statement and OBR update Posted on December 8, 2012 by John Ashcroft Economics news – the Chancellor’s statement, the OBR update, base rates announcement plus trade and manufacturing news. Monetary Policy Committee On Thursday the Bank of England announced that rates would be kept on hold with no extension of QE. No … Read More
Mark Carney is to be the New Governor but where is Canada anyway? Posted on November 29, 2012 by John Ashcroft Mark Carney is to be the new Governor of the Bank of England but where is Canada anyway. What are the key differences in terms of population, GDP, GDP per capita, debt, growth rates, inflation, base rates and gilt yields? … Read More
Mark Carney to be new Governor of the Bank of England Posted on November 26, 2012 by John Ashcroft Mark Carney, the head of the Bank of Canada, has been named as the new Governor of the Bank of England. According to Doug McWilliams at the Centre for Business and Economics research Mark Carney is one of the “more … Read More