The disappearing boost from trade
Today’s trade figures show picture is far less positive than previously; the export boost to growth has faded away, writes IPPR’s Tony Dolphin.
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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.
Strong exports keep the UK economy out of recession
The UK economy grew by 0.5 per cent in the first quarter of the year, according to the second GDP estimate released by the Office for National Statistics today.
Latest trade data reveals shock fall in export volumes
Export volumes fell by 1.5 per cent in March according to the latest trade data released today by the Office for National Statistics, reports Tony Dolphin.
Rebalancing the economy: there is still a lot of work to be done
Today’s UK trade figures highlight the scale of the task facing the government if it is to achieve its aim of rebalancing the economy, writes Tony Dolphin.
What an export-led recovery may mean for the world
In a downturn, export credits come to be seen as more important than ever, but ECGD needs radical reform if it’s to play any role in leading the UK out of recession.
Who will buy our exports?
George Osborne’s first budget has sparked a heated debate about its effect on jobs. The Government and the Office for Budget Responsibility (OBR) believe private sector employment will increase rapidly enough to bring about a significant reduction in unemployment over the next five years, despite the loss of hundreds of thousands of jobs in the public sector.
UK exports collapse in January
Figures out today show the UK’s trade deficit in goods widened to £8 billion in January from £7 billion in December, mainly a result of a 6% fall in exports.