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Julian Jessop
julianHjessop
It’s being suggested that Labour's ‘British Recovery Bond’ would have a ‘long maturity’, but people ‘should be able to withdraw their savings early’.This would create a big problem (a form
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UK #GDP rose by 1.2% m/m in December and 1.0% q/q in Q4 2020. This was better than expected, including by the OBR, and means that (unlike the eurozone) the
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UK-EU trade has indeed been severely disrupted, but this headline ('exports to EU slashed by 68% since Brexit') is still over the top. Note:1. The ‘68%' compares January 2021 to
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Disappointed to hear talk of corporate tax rises in the March #Budget. The @FT is reporting that the ‘Chancellor believes it fair to ask for more after taxpayer support during
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thread: 12 reasons to be cheerful about the UK #economy in 2021I know 2021 will be another tough year for many people and businesses, but I’m aiming here to provide
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FWIW, I’m relatively relaxed about the fiscal costs of #Covid: borrowing will drop sharply as the economy recovers, the #debt burden is manageable, and there’s no need for #austerity to
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I’ve read some utter tosh on the state of the UK public finances in the last few days. Here's an attempt to correct some of the biggest misunderstandings.Most importantly, government
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FWIW, I’ve been comparing my UK economic forecasts with those of the #OBR. There is a much more positive story than the Chancellor told in Wednesday’s #SpendingReview #SR20 Let’s start
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