With recent UK GDP figures prompting a cautious optimism amongst some analysts, the question has arisen around whether the UK can avoid a recession? Was the 0.1% growth in November simply World Cup induced, or is it a sign that the UK economy is stronger, or at least more resilient, than previously predicted? What tools are available to policymakers to tackle the persistent inflationary pressures, the fall in real wages and the uncertain outlook for GDP? How will their decisions affect the different UK regions and households? These are just some of the questions that our Winter Economic Outlook will examine, as we move on from the fiscal announcements of 2022 and look towards the Spring Budget in March 2023.
Globally, we are now one year on from Russia’s invasion of Ukraine, and central banks are all still searching for the nirvana of price stability. What will be the long-term impact of this conflict? How high will policy rates go, and at what levels will they stay? What is the optimal path? Our expert commentators will explore these questions, together with an in-depth analysis of the impact of China’s economic slowdown on the rest of the world.