Introduction The last few weeks have seen an intensification of the banking crisis in the United States, with the near failure of Bear Sterns, while in the United Kingdom the gap between the Bank Rate and money market rates has re-opened and is described as indicative of a reluctance of banks to...

From a household point of view the two major changes associated with the economic disruption of the last eighteen months are, first, that the unemployment rate and presumably the risk of unemployment have risen sharply, and secondly, that there have been large declines in asset prices. It is...

Director of the National Institute of Economic & Social Research, Martin Weale gives his assessment. Click here to listen to this broadcast.

Parliamentary Brief Online

Presented to WPEG Study Group. London

The National Institute Economic Review is the quarterly journal of the National Institute of Economic and Social Research, published quarterly in January, April, July and October of each year. Each edition includes detailed forecasts of both UK and World economies, commentary on current issues,...

Interview on Inflation

Our monthly estimates of GDP suggest that output fell by 1.5% in the first quarter of this year, as compared to the 1.6% reported for the last quarter of 2008. This does not indicate recessionary pressures are easing but is simply a very small difference accentuated by rounding. As the graph...