Today's GDP estimates from the ONS are again disappointing, and fall far short of what would be expected from a healthy economy.
27 April 2018
Reacting to today’s ONS stats on GDP, Alfie Stirling, Head of Economics at the New Economics Foundation, said:
“Today’s GDP estimates from the Office for National Statistics are again disappointing, and fall far short of what would be expected from a healthy economy.
“But worse still is that GDP growth of any kind is no longer leading to higher real wages. Since 2010, GDP growth has become ‘decoupled’ from growth in pay with the latest estimates showing that total pay in February was the lowest monthly level seen for 2 years.
If you back a recovery plan based around great public services, protecting the planet and reducing inequality, please support NEF to build back better.
Ayeisha is joined by Sahil Dutta and Nick Taylor
03 May 2022
Ayeisha Thomas-Smith is joined by Tom Peters
19 April 2022
Next steps for the European Central Bank to support the low-carbon transition
06 April 2022
With millions struggling to afford life's essentials, here's how the chancellor can make a real difference on Wednesday
22 March 2022