¥ A quarter-point rise in Bank rate to 5.5 per cent should ensure that CPI inflation falls close to the Government's 2.0 per cent target by the end of 2007. ¥ The claimant jobless count will rise this year above a million for the first time since 2000. ¥ The economy is expected to grow...

The importance of intangible capital as a driver of productivity growth is being increasingly recognised; however as yet, its importance at a regional level has barely been considered. In this paper we present recently constructed occupationally defined measures of intangible capital at the firm...

We study the role of intangible assets in the innovation process and in determining the productivity performance of service sector firms. To do this we estimate a version of the CDM-model using data on UK service sector firms from the Community Innovation Surveys linked with data on firms'...

This report is about the employment impacts of National Minimum Wage (NMW) rises in the period 2001-2006. This was a period where the NMW rose substantially in excess of average earnings. The report presents results based on analysis of individual Labour Force Survey (LFS) data and Annual Survey...

This paper investigates the effect of technological and non-technological innovation on employment growth in European service firms. Our analysis is based i) on cross-sectional CIS data from 20 European countries for the period 2006-2008 and ii) on panel data for different service sector groups...

Enlargement of the European Union in May 2004 was followed by an increase in migration from the poorest of the central and eastern European New Member States (NMS) to other Member States. We consider the macroeconomic impacts of these migration flows across Europe, highlighting impacts in...