Britain is going through a difficult time, when its sustained ability to punch above its weight, economically and diplomatically, is ebbing. The end of irrational exuberance found the country ill at ease with itself, with rising inequalities and unhealthy nationalism, just when it needs to be fleet-footed in recognising that many of the traditional pillars of its strengths have changed. The need is to recognise other supports and partners and find a new common purpose after the pandemic. I live in hope.

how are we doing ?

This is my periodic "plain talking economist" spot at our board meeting (making it less a bored meeting). The message was of the passing of the baton from west to east and how we must adjust or die; the national debt being symptomic but hugely problematic. You can get more from the manchester monitor but it's the bigger picture that fascinates most. Picked up on radio 4's "beyond westminster"

Attached File: Economic Outlook.pdf