Productivity & industrial strategy· Fiscal policy· Economic growth Trend setters What is the OBR’s forecast for trend productivity growth, and why it matters so much for the Budget 14 October 2025 by Greg Thwaites and Elliott Christensen …final year productivity growth estimate by 0.1 percentage points, due to continued weak productivity growth and the economic effects of Brexit.[5] Figure 3: Outside the pandemic, the OBR last made… READ MORE
The Government doubles down on the UK’s superpower in services 14 October 2024 by Greg Thwaites …where traditional manufacturing exports face challenges: global trade in services is expected to rise faster than trade in goods over the next decade; and Brexit has hit UK goods exports… READ MORE
Labour market Understanding the labour market: pandemic not pandemonium The labour market is normalising, not overheating 28 June 2021 by Torsten Bell and Kathleen Henehan and Krishan Shah and Hannah Slaughter and Greg Thwaites …to some, we have “eye popping growth” to look forward to as “Brexit Britain Booms”. For the labour market, this turn to optimism has seen a swift shift away from… READ MORE
