Andrew Sentance
@asentance.bsky.social
Independent Business Economist. Columnist for The Times and church musician. Former roles include: Bank of England MPC member; CBI Director of Economic Affairs; BA Chief Economist; and PwC Senior Economic Adviser.
Price hikes this month from a variety of sources - energy/water bills, broadband, TV & phone charges, pay increases and additional employer NICs, council tax, etc. CPI inflation to exceed 5pc later this year and no scope to cut interest rates.
April 1, 2025 at 7:05 AM
Price hikes this month from a variety of sources - energy/water bills, broadband, TV & phone charges, pay increases and additional employer NICs, council tax, etc. CPI inflation to exceed 5pc later this year and no scope to cut interest rates.
Root of Chancellor Reeves’s problems is big rises in public spending in October Budget - leading to higher borrowing, tax & inflation. Here’s my alternative plan, published pre-Budget: using reforms and economies to gradually reduce the gov’t expenditure share of GDP to 40pc, its long-term average.
January 9, 2025 at 8:58 AM
Root of Chancellor Reeves’s problems is big rises in public spending in October Budget - leading to higher borrowing, tax & inflation. Here’s my alternative plan, published pre-Budget: using reforms and economies to gradually reduce the gov’t expenditure share of GDP to 40pc, its long-term average.
My latest column in The Times today argues that UK Bank Rate should stay in the 4-5 percent range next year and possibly beyond. Hoping for bigger cuts in interest rates would be unrealistic following the Budget. See links below:
www.thetimes.com/article/6451...
www.thetimes.com/article/6451...
December 23, 2024 at 12:23 PM
My latest column in The Times today argues that UK Bank Rate should stay in the 4-5 percent range next year and possibly beyond. Hoping for bigger cuts in interest rates would be unrealistic following the Budget. See links below:
www.thetimes.com/article/6451...
www.thetimes.com/article/6451...
Tim Montgomerie leaves one losing party and joins another - the Reform Party, which wants to take the UK back to the 1950s!
December 4, 2024 at 7:28 AM
Tim Montgomerie leaves one losing party and joins another - the Reform Party, which wants to take the UK back to the 1950s!
Any fans of prog rock band Yes out there among my BlueSky followers. This week is the 50th anniversary of the release of one of their most complex albums, Relayer. Some fans don’t like it much; others are big fans. Any views out there on BlueSky?
November 29, 2024 at 9:49 AM
Any fans of prog rock band Yes out there among my BlueSky followers. This week is the 50th anniversary of the release of one of their most complex albums, Relayer. Some fans don’t like it much; others are big fans. Any views out there on BlueSky?
In her Autumn Budget, Rachel Reeves boosted public spending by nearly £50bn this year, over £80bn next year rising to £100bn by 28/9. It is this large increase in public spending which is driving higher taxes and borrowing, not the need to “fix the foundations” of public finances.
November 29, 2024 at 6:21 AM
In her Autumn Budget, Rachel Reeves boosted public spending by nearly £50bn this year, over £80bn next year rising to £100bn by 28/9. It is this large increase in public spending which is driving higher taxes and borrowing, not the need to “fix the foundations” of public finances.