The rise in CPI to recent highs of 2.5% in June left many observers warning of persistent inflationary pressure. Nevertheless, the Governor of the Bank of England, Andrew Bailey, cautioned against overreacting to a ‘temporary’ jump in inflation. CPI figures...
Assessing business births and deaths provides another angle to test perceptions of the UK economy, placing greater emphasis on the plight of smaller businesses that account for 60% of private sector employment in the UK.
The experience of working from home is now starting to alter expectations of hybrid working. This certainly provides economic challenges, though it can also bring about opportunities.
The pandemic, as well as the government's response to it, has accelerated the growth in house prices relative to rental prices, and weakened the London housing market relative to the rest of England.