Last month saw an abundance of two things – national variations in how to ease lockdown measures and additional policy support. The latter especially prominent in the EU and Asia’s largest economies (Japan’s additional fiscal stimulus elevated it to the largest in the world). Green shoots followed. But beware famous last words.Continue reading
Some parts of the UK economy are in overdrive, powered on by a rising population that keeps demand growing and the supply of workers flowing. But the strength that’s seen in household spending isn’t matched by exports or investment. The UK’s sectors and regions are running in different gears.