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Tag Archives: Article

Rentier capitalism is profoundly risk-averse

The following article is based on my speech notes for a presentation to University College London’s Global Business School for Health on 22nd February 2022. The webinar was titled: Health Innovation through Capital and Private Equity Markets webinar.The question panellists were asked to address was this: “….whether capital and private equity markets are actually driving forward better and sustainable health innovation?”I argued that private capital and private equity markets – far from...

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Inflation and pay – Doing the wrong Something

Many years ago, on family holiday in Wales, a problem arose when my father tried to turn our car and caravan around in an urban street.  A man noted generally for his calmness, Dad had got out and started looking at whatever the problem was.  My brother and I (ages 14 and 12) stayed in the back seat chatting away inconsequentially but, it seems, annoyingly.  Suddenly, Dad’s patience broke – “GET OUT AND DO SOMETHING!” he boomed.  Unaccustomed to such temper-induced imperatives, we leapt out...

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Inflation and pay – Doing the wrong Something

Many years ago, on family holiday in Wales, a problem arose when my father tried to turn our car and caravan around in an urban street.  A man noted generally for his calmness, Dad had got out and started looking at whatever the problem was.  My brother and I (ages 14 and 12) stayed in the back seat chatting away inconsequentially but, it seems, annoyingly.   Suddenly, Dad’s patience broke – “GET OUT AND DO SOMETHING!” he boomed.  Unaccustomed to such temper-induced imperatives, we leapt out...

Read More »

Inflation and pay – Doing the wrong Something

Many years ago, on family holiday in Wales, a problem arose when my father tried to turn our car and caravan around in an urban street.  A man noted generally for his calmness, Dad had got out and started looking at whatever the problem was.  My brother and I (ages 14 and 12) stayed in the back seat chatting away inconsequentially but, it seems, annoyingly.  Suddenly, Dad’s patience broke – “GET OUT AND DO SOMETHING!” he boomed.  Unaccustomed to such temper-induced imperatives, we leapt out...

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(How far) has Brexit affected UK GDP?

It looks as if the UK’s GDP will have risen by a little over 7% in 2021, after a fall now estimated at 9.4% in 2020. (We await the Q4 data).  It seems that – despite stronger November data – GDP in 2021 will come in below that of 2019, and maybe a tad less than 2018.  Clearly COVID has played a major part, but is there also evidence of Brexit-induced slowdown in the mix?The “Conservative Home” website (among so many other right-wing propaganda outlets) tries hard to keep spirits up and the –...

Read More »

(How far) has Brexit affected UK GDP?

It looks as if the UK’s GDP will have risen by a little over 7% in 2021, after a fall now estimated at 9.4% in 2020. (We await the Q4 data).  It seems that – despite stronger November data – GDP in 2021 will come in below that of 2019, and maybe a tad less than 2018.  Clearly COVID has played a major part, but is there also evidence of Brexit-induced slowdown in the mix? The “Conservative Home” website (among so many other right-wing propaganda outlets) tries hard to keep spirits up and the...

Read More »

(How far) has Brexit affected UK GDP?

It looks as if the UK’s GDP will have risen by a little over 7% in 2021, after a fall now estimated at 9.4% in 2020. (We await the Q4 data).  It seems that – despite stronger November data – GDP in 2021 will come in below that of 2019, and maybe a tad less than 2018.  Clearly COVID has played a major part, but is there also evidence of Brexit-induced slowdown in the mix?The “Conservative Home” website (among so many other right-wing propaganda outlets) tries hard to keep spirits up and the –...

Read More »

PRIME’s 2022 forecast

Policy Research in Macroeconomics (PRIME’s official name) is a company limited by guarantee, incorporated in England and Wales. It is company no. 07438334 and its registered office is at 11a Hatch Road, Pilgrims Hatch, Brentwood, Essex, CM15 9PU.We collect cookies on this website through web analytics. For more information, please read our Privacy Policy.

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PRIME’s 2022 forecast

Each year the Financial Times invites economists to answer an economic survey for the British economy. This is PRIME’s submission. 1. UK economy Will the UK economy outpace or lag behind other developed economies in 2022 and why? UK trade performance on imports and exports has been among the worst of all OECD economies, with Brexit exacerbating the pandemic. This significant fall in total trade (compared to 2018) is an outcome, or consequence, of weak economic activity at home. Flat...

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PRIME’s 2022 forecast

Policy Research in Macroeconomics (PRIME’s official name) is a company limited by guarantee, incorporated in England and Wales. It is company no. 07438334 and its registered office is at 11a Hatch Road, Pilgrims Hatch, Brentwood, Essex, CM15 9PU.We collect cookies on this website through web analytics. For more information, please read our Privacy Policy.

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