Month: November 2016

Impact of Forecasting Changes on Borrowing

Chart of the Week: Week 49, 2016: Impact of Forecasting Changes on Borrowing

The Office for Budget Responsibility has projected that the Brexit bill will be £60bn over the next five years as a result of lower growth and weaker tax returns.

/ November 24, 2016
US GDP and Unemployment

Chart of the Week: Week 45, 2016: US GDP and Unemployment

The chart shows that with the exception of 2 occasions, each time the incumbent was ousted at general election, GDP had fallen in the year prior.

/ November 10, 2016
Government Spending on Education v.s. Labour Productivity

Chart of the Week: Week 44, 2016: Government Spending on Education v.s. Labour Productivity

The chart shows that the UK, when compared to other EU countries with strong economies, has one of the lowest levels of spending on vocational education as a percentage of GDP (under 1.5%).

/ November 3, 2016