BoE: austerity ‘lite’ prevents BoE fright

With the much-anticipated new communications regime not starting for another month, no change for the BoE today meant today was a non-event. However, we have had 24 hours to digest the post-election “emergency” budget delivered by the Chancellor yesterday. It turned out, once again, that Osborne’s bark is worse than his bite. Throughout the election … More BoE: austerity ‘lite’ prevents BoE fright

Brexit: weighing the economic costs and benefits

Following Tony Blair’s recent intervention in the UK election campaign (here), and with UKIP trying its hardest to keep in the headlines, I thought a post on the economic costs and benefits of Britain leaving the EU would be worthwhile. A lot has been written on the subject since PM Cameron pledged to hold a … More Brexit: weighing the economic costs and benefits

UK election 2015: it’s going to be messy

If you are interested in the likely outcome of the UK general election on 7 May, then I can’t recommend highly enough the team at http://www.electionforecast.co.uk They are working with the US statistician Nate Silver (http://fivethirtyeight.com/) who is now widely regarded as the best at interpreting US election polls (and indeed all things statistical). The … More UK election 2015: it’s going to be messy