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James Plunkett rss

GDP growth isn’t actually all that good a predictor of income growth for ordinary working households. Picture: Getty

When a growing economy still feels bad

25 October 2012 11:34

David Cameron was right; the good news has kept on coming. This morning’s first estimate from the ONS puts GDP growth in the third quarter at 1.0 per cent. Cue… Continue reading

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Four tests for Osborne’s Budget


20 March 2012 18:03

With the Coalition taking pre-Budget briefing to new levels you’d be excused for thinking there’s little we don’t know about tomorrow’s statement. But here are four questions we can’t yet… Continue reading

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Cameron is right to focus on quality apprenticeships

7 February 2012 16:22

If there are ‘no votes in skills’, as the old dictum goes, there seem to be some in apprenticeships. Hence David Cameron’s call this morning for apprenticeships to become a… Continue reading

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Are we facing an American nightmare?

21 November 2011 9:30

With the Chancellor’s autumn statement due next Tuesday, we’re all talking about growth. The ECB and Bank of England now say the UK economy is set to grow at less… Continue reading

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Tories dodge a bullet on childcare

7 October 2011 11:05

In the past year the government has proven good at cauterising self-inflicted wounds. This morning’s announcement from Iain Duncan Smith on childcare stems another potential bleeder. His department have found an… Continue reading

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A reform the Tories should shout about

1 October 2011 9:13

As of today, you can’t fire someone just for turning 65. The government has delivered its promise to scrap the Default Retirement Age (DRA), introduced by Labour in 2006 as… Continue reading

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Eating into household savings

22 July 2011 14:15

Next Tuesday, the ONS will release initial estimates of second quarter UK GDP growth. It may be a slight exaggeration to call it a ‘make or break’ moment for the… Continue reading

18 Comments

Inflation hits work incentives

13 June 2011 18:00

New inflation stats are out tomorrow and they’re expected to show further rises in CPI and RPI.  Aside from their brief peak in 2008, headline rates of inflation are now… Continue reading

22 Comments

The growing need for a policy response to the ‘new inflation’

31 May 2011 18:22

There’s been much debate on these pages about the political implications of higher inflation. Ironically, this morning’s news of record food prices could relieve the pressure on the Bank of… Continue reading

27 Comments

Osborne the Reformer is an unfinished work

23 March 2011 18:14

One interesting aspect of today’s Budget is the government’s change of tack on personal allowances. Back in June 2010, when the Chancellor committed to raise allowances from £6,475 to £7,475,… Continue reading

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Three charts that complicate a simple focus on growth

28 February 2011 11:13

GDP growth figures have become the barometer of choice for commentators trying to tell the political weather – a good measure of how the public will eventually fall in the… Continue reading

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