Articles - UK: Going nowhere fast


 Schroders European Economist Azad Zangana comments on the economic situation in the UK in the latest Economic Strategy and Viewpoint.

 In summary:

 - The Chancellor's fourth budget felt like a case of déjà vu - growth revised down, the deficit revised up, and austerity extended for another year. However, some measures for the corporate sector could be beneficial while measures for the household sector could spur activity in construction and related retail sectors.

 - The Bank of England's target has been tweaked as a signal that the government wants more activism. However, the bank appears to be hesitant for fear of a loss of credibility as an inflation fighter, which could drive sterling even lower.

 - Finally, the labour market continues to surprise. Full-time employees are now dominating the gains in jobs, while the number of self-employed and part-time workers is falling. So are the numbers of people that are inactive. Could this be a sign that the labour market recovery is gathering momentum?

 To view the full report please click here

Back to Index


Similar News to this Story

Global trends in the Gender Pensions Gap
Reporting on the Gender Pensions Gap (GPG) is set to become mandatory in the LGPS. The recent Access & Fairness consultation proposes the publication
What is aggregation and how does it work
Continuing our popular series of ‘De-mystifying Insurance’, today we focus on aggregation. So what is aggregation? What impact can it have on claims,
Strengthening financial capability and inclusion for all
Financial inclusion and capability must go hand in hand. People need knowledge, confidence and support to make informed decisions. There is a gap betw

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.