The Economic Research Council’s fifth annual Clash of the Titans economic forecasting event was held on Wednesday 2nd December, where three economic experts gave their opinions on what will happen to the UK economy in 2016.
Chart of the Week: Week 47, 2015: International R and D Spending
Spending on research and development has been comparatively low in the UK for some time, but it has decreased since the financial crisis.
November 2015
We are in the last quarter, the future for North America looks good, Europe confused, China difficult and countries reliant on the production of commodities gloomy. The West and Russia, however….
Chart of the Week: Week 46, 2015: Core Inflation
October inflation figures from around the world have been released this week, and certainly among most of the advanced economies, headline inflation has remained at near-zero (it was 0.2% in the US, 0.1% in the Euro Area, and -0.1% in the UK).
Chart of the Week: Week 45, 2015: Regional Unemployment
After a brief stutter last quarter, the UK’s headline unemployment rate continued to fall in the third quarter of the year, to 5.3% (the lowest it has been since the beginning of 2008, when it stayed at 5.2% for around six months).
Chart of the Week: Week 44, 2015: UK Household Finances
On Monday, the Office for National Statistics issued a revised measure of both real household disposable income and the household saving ratio, which made them seem worse than previously thought.