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1st Feb 2023 15:51U.K., Daily Monitor

  • The underperformance of the U.K. economy can be traced back to households’ cautious saving behaviour.
  • Looking ahead, the hit to disposable incomes from rising interest rates will be much larger than overseas...
  • ...Fiscal policy also will be tightened at a much faster rate in the U.K., condemning Britain to underperform further.

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Keywords for: 2 Feb 2023 UK Monitor

Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence