Public spending may only lead to private saving

Article Abstract:

There is evidence that the policy stimulus currently being given to the world economy will prompt reasonable economic growth in 2002. Looser fiscal policy seems to be bringing benefits, but this does not mean that this approach is a way of eliminating any potential risks to economic stability.

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We are better placed to escape recession than US

Article Abstract:

The UK economy seems to have been largely unaffected by the worldwide economic crisis. Retail sales remain strong, while house prices continue to rise and inflation remains low. The Bank of England is in a better position to prevent recession than the Federal Reserve.

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Industry must do more than just blame the pound

Article Abstract:

The reasons for the poor performance of the UK's manufacturing sectors are considered. It is argued that the strength of sterling is not the only reason for manufacturing decline.

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