Sterling attraction: markets have given the UK the kind of exchange rate other central banks pray for

A time for optimism

The Brexit referendum has changed everything — at least politically. A new Prime Minister, a new Chancellor and a new…

1 Oct 2016
Farmers’ market: The Common Agricultural Policy colours Brussels’ thinking on all aspects of trade

Sober logic says ‘out’

I like to think I’m a rational economist. Of course, like all of us, I make many choices based on…

5 Mar 2016
Here we go again: worried customers outside a US bank during the financial crisis of September 1936

Interest rates must rise, but when?

The direction of travel for interest rates appears clear. Both the US and UK economies are growing at roughly their…

14 Nov 2015