Surveys

Prospects for UK Economic Growth

Summary

The CfM-CEPR panel of experts on the UK economy is nearly unanimous that UK income growth will be low in the upcoming decade. The majority believe that this will be due to structural factors. The most effective policies to improve UK economic performance are raising public investment and improving trade relations with the EU and other trading partners, according to the panel.

Background

Surging Inflation in the UK

Summary

The CfM panel of experts on the UK economy is nearly unanimous that the current surge in UK inflation has been caused by supply side factors. These are mainly global in nature (commodity prices, supply chain disruptions), although Brexit may have exacerbated the problem. The global nature of inflation puts it mostly outside of the government’s control. The majority of the panel doesn’t believe that inflation will persist beyond 2022.

Background

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