Tony Dolphin
GDP figures confirm economy is stagnating
The second estimate of Q2 GDP growth released today confirms that the economy expanded by just 0.2 per cent, reports IPPR senior economist Tony Dolphin.
CBI survey shows glimmer of hope in UK manufacturing
The latest survey of manufacturing published yesterday by the CBI represents a glimmer of hope in the gloom, writes IPPR's Tony Dolphin.
Inflation makes prospects for improved growth in rest of 2011 dim
4.4% inflation makes it unlikely that economic growth will pick up in the second half of the year. Retail sales volumes are likely to remain stagnant.
Hopes of an export and manufacturing-led recovery recede
Today’s economic data releases from the Office for National Statistics – on trade and production – show that rebalancing of the UK economy has gone into reverse.
Memo to Vince Cable: lack of credit demand, not supply holds back UK economy
Memo to Vince Cable: lack of credit demand, not supply holds back UK economy: time for a cut in VAT and increase in quantitative easing
Economic Update – August 2011
A round-up of all the key indicators from IPPR senior economist Tony Dolphin