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Richard Layard writes that Labour must apply the wellbeing-to-cost test to every departmental proposal in the spending review. ... Read more...
03 September 2024
Spending extra cash on mental health services would boost economic growth and improve the nation’s wellbeing more than building new roads, according to an academic analysis from the London School of Economics. Rich... Read more...
Forcing workers to retire later would free up funding for policing and mental health services and "reduce misery" in Britain, a report co-authored by Richard Layard and published by the London School of Economics has sai... Read more...
A conference at Cambridge Judge marked the 25th anniversary of the European Union’s single market, in advance of a special issue of the Review of Industrial Organisation journal. There has been much prog... Read more...
03 May 2018
With the UK due to leave the EU at 11pm on 29 March 2019, countries on both sides of the channel are figuring out what Brexit will mean for their economies. We speak to Panmure Gordon’s David B... Read more...
19 January 2018
Estimates of the full cost of Brexit — ranging from one to ten percent of the UK per capita income — depend on how the UK leaves. In a new paper in the fall issue of the Journal of Economic Perspec... Read more...
11 December 2017
Article by John Van Reenen: ... “An argument that was made in favor of Brexit was that by restricting Europeans coming into Britain, it would create an economic boon,” said MIT Sloan professo... Read more...
18 October 2017
Exclusive: Krugman rejects the assertions of Brexiteers that leaving the single market and customs union will ultimately help the UK export more to the rest of the world. A study by economi... Read more...
27 September 2017
Article by Swati Dhingra and Josh De Lyon. On trade, the PM reiterated that the UK would be outside the Single Market and the Customs Union after Brexit. The UK would not pursue off-the-shelf arrangements, lik... Read more...
Theresa May stepped in to lead the discussion on what the UK hopes to achieve from its Brexit negotiations with the EU. Swati Dhingra and Josh De Lyon (CEP, LSE) argue that her Fl... Read more...
25 September 2017
Professor of Finance and Economics, Kevin Dowd (Durham University), Professor David Paton (Nottingham University) and Professor David Blake (University of London) discuss how the UK can benefit from a free tra... Read more...
20 September 2017
A lot of my time at work is given over to worrying fitfully about two things. One is cities policy. The other is Brexit. What could be more thrilling, then, than a report which combines those two topics into a ... Read more...
07 August 2017
Britain’s most successful cities with large high-skilled service sectors will be hit hardest by the expected downturn in trade after the UK leaves the EU. Sadly, that means bad news for Aberdeen. A repor... Read more...
04 August 2017
BREXIT will damage the economic performance of Taunton Deane, according to new report. The Centre for Economic Performance believes the economy in the district will take a 1.2 per cent hit under a sort Br... Read more...
03 August 2017
Snippet: ... Reading has come out third on a list of 10 towns in the UK most likely to be hit hardest by Brexit report of the London School of Economics says Dorsey a fall i... Related publications &lsqu... Read more...
02 August 2017
…Centre for Cities and the Centre for Economic Performance (CEP) at the London… Related publications ‘Brexit, Trade and the Economic Impacts on UK Cities’, Naomi Clayton and Hen... Read more...
29 July 2017
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27 July 2017
The consequences of the UK failing to reach a deal with the EU will be “widespread, damaging and pervasive”, according to a new report featuring LSE experts. Related publications ‘The C... Read more...
21 July 2017
The consequences of the UK failing to reach a deal with the EU will be “widespread, damaging and pervasive”, according to a new report featuring LSE experts. ... Read more...
20 July 2017
Brexiteers rejected the Treasury’s projections for the cost of Brexit last year as “project fear”. But the Centre for Economic Performance at the London School of Economics has remodelled the... Read more...
Article by Dr Swati Dhingra What form of relationship to have with the EU after Brexit is the key economic policy issue facing the UK. This election was meant to give the prime minister a strong mandate for... Read more...
28 June 2017
Under May's argument, Britain would drop out of the EU, immediately reverting to unfavourable WTO trade terms, if the country's negotiators failed to get an agreement seen as having favourable terms fo... Read more...
27 June 2017
Article by Swati Dhingra Unlike some other countries – the US and France spring to mind – trade has not been a major issue in recent UK elections. This reflected both EU membership and a broad p... Read more...
06 June 2017
The LSE's Centre for Economic Performance said that returning to World Trade Organization rules would reduce the UK's trade with the EU by 40% over 10 years. Related publications CEP Election Ana... Read more...
05 June 2017
Most independent experts predict long-term harm as well. According to the most recent estimates from the Centre for Economic Performance at the London School of Economics, a hard Brexit would reduce GDP per he... Read more...
03 June 2017
Leaving the European Union with no deal in place for future trading arrangements would be the worst-case Brexit scenario for the UK economy. What’s more, just because GDP growth has not declined since la... Read more...
02 June 2017
So the prime minister may have to choose between risking the economy (immigrants keep living standards up and the deficit down according to the London School of Economics) or missing her target. ... Read more...
01 June 2017
BREXIT has already started to make UK citizens poorer and more pain is likely in the months and years to come, a new study has warned. Although last year’s vote to quit the European Union has had “... Read more...
Although last year’s vote to quit the European Union has had “no obvious effect” on GDP growth, the collapse in the value of the pound – down 13 per cent against the US dollar and nine ... Read more...
A report by the LSE's Centre for Economic Performance said that returning to World Trade Organization rules would reduce the UK's trade with the EU by 40% over 10 years…Report authors Swati Ding... Read more...
Although last year's vote to quit the EU has had "no obvious effect" on GDP growth, the collapse in the value of the pound - down 13% against the US dollar and 9% against the euro by the end of l... Read more...
31 May 2017
Further reading Brexit and the UK Economy There are many ways to leave and the referendum did not allow voters to choose between them — Brexit does not simply mean Brexit. (LSE Centre for Economic Per... Read more...
May’s insistence that “no deal is better than a bad deal” is wrong, according to a report by the Centre for Economic Performance…. “In practice the no-deal outcome, where the ... Read more...
According to the Centre for Economic Performance, leaving the European Union with no pact in place would have twice the negative economic impact as remaining in the single market. That’s at odds with Pri... Read more...
Although last year’s vote to quit the EU has had “no obvious effect” on GDP growth, the collapse in the value of the pound – down 13% against the US dollar and 9% against the euro by th... Read more...
Recommends: Jobless recoveries: Exploring technology’s role – Georg Graetz, Guy Michaels - 13 mei Recoveries from recessions in the US used to involve rapid job generation, but job growth has... Read more...
14 May 2017
Article by Sandra McNally and Stephen Gorard. The level of funding going into schools is at record levels. Prime Minister Theresa May in an interview with Andrew Marr on the BBC on April 30, 2017. As she hit t... Read more...
04 May 2017
17:20:17 Professor Martin Knapp comments on money for social care in the budget Also on: BBC Wiltshire ... Read more...
09 March 2017
19:00:01 Snippet: ...Martin Knapp discusses the Chancellor’s plans to put an extra £2 billion towards England’s social care systems. Click to open Also on BBC Radio 4, BBC Foyle, BBC... Read more...
08 March 2017
Trails for the Chancellor’s budget speech on Wednesday promise big new plans for technical education in England. Professor Sandra McNally of the Centre for Vocational Education Research (C... Read more...
06 March 2017
May’s speech suggests the UK is on course to aim for a bilateral agreement. Currently, countries like Switzerland pay around 40% as much as the UK’s contribution for EU membership for access on tho... Read more...
18 January 2017
The right way to leave the EU Article by Swati Dhingra On June 30, a week after the British public voted to leave the EU, Theresa May gave a speech launching her candidacy for prime minister in which she declared, ''Br... Read more...
21 October 2016
Dennis Novy interviewed. The topic was the Transatlantic Trade and Investment Partnership (TTIP) and the recent political backlash from France and Germany. The interview was broadcast on the BBC Radio 4 The World Ton... Read more...
30 August 2016
Dennis Novy was interviewed live on LBC radio with Nick Ferrari on 24 August 2016. The topic was Brexit and whether we should have a second referendum. The background was Owen Smith's announcement of having a second refe... Read more...
24 August 2016
Beyond the territorial politics, Brexit has brought to the boil a long simmering tension between the UK's economic and political imperatives. The importance to the UK economy of the single European market in goods and se... Read more...
15 August 2016
The IFS estimate that single market membership could be worth 4 per cent of GDP by 2030 - or £75bn in today's money But the IFS estimates that retaining single market membership could be potentially worth 4 per ce... Read more...
09 August 2016
Britain's decision to leave the European Union (EU) has prompted international conversation about the economic implications. But widespread interest doesn't mean widespread expertise. Economists tell i about some of th... Read more...
21 July 2016
''Brexit makes the UK a less attractive environment for investment, in particular for businesses that rely on the British approach to the single market,'' said economist Thomas Sampson for Mashable. ''Some companies are... Read more...
20 July 2016
So we've decided to take a leap and vote to leave the EU. What is it going to mean for you and your money? We've voted. The decision has been made. We're out of the European Union, in a move that has triggered the Pri... Read more...
24 June 2016
Dr Swati Dhingra from the Centre for Economic Performance's Trade Programme video on the possible regulatory autonomy and alternatives to EU membership. Filmed as part of a panel discussion - The EU and the UK: 'the wro... Read more...
21 June 2016
The Centre for Economic Performance estimates that Brexit would reduce UK gross domestic product (GDP) by up to 3.1%. However, this doesn't factor in losses associated with lower foreign direct investment (FDI), fewer sk... Read more...
26 March 2016
''The fiscal target should be on balancing the books on current spending over the business cycle - just as it was when the Office for Budget Responsibility was first set up in 2010. Otherwise there will always be too mu... Read more...
17 March 2016
John Van Reenen, Director of the Centre for Economic Performance, gives his reaction to the 2016 Budget. The austerity approach continues, despite it having little economic sense. Fuel duty is frozen as a sweetener to hi... Read more...
16 March 2016
Ever since Thatcher's Teesside stroll, breathing life into blighted areas has met with mixed success. Understanding what might work is a step in the right direction. Professor Alan Manning of the London School of Econ... Read more...
03 October 2015
In the East London case, wrote Paul Cheshire, an emeritus professor of economic geography at the London School of Economics, via email, ''the very early relatively poor but mainly educated/drop-out pioneer gentrifiers - ... Read more...
30 September 2015
A large body of empirical evidence suggests either that reasonable minimum wages do not destroy jobs at all, or that they do not destroy very many. The evidence is, of course, mixed and contested. Much of it comes from t... Read more...
10 July 2015
Article by John Van Reenen The most eye-catching announcement in today's budget was the National Living Wage. Now, this might be nothing more than a big hike in the minimum wage, but such increases can be beneficial. ... Read more...
09 July 2015
Article by John Van Reenen Yesterday, George Osborne delivered the new government's first budget in which he surprised many by hiking the minimum wage significantly. John Van Reenen reviews the measures introduced, wr... Read more...
The story of the first coalition government in Britain since the second world war is the story of austerity and thwarted deficit reduction plans. It is the story of a delayed economic recovery. It is the story of falling... Read more...
15 March 2015
Blog article posted by John Van Reenen George Osborne's Autumn Statement was a reminder of the government's missed targets and missed opportunities, writes John Van Reenen. The Chancellor's promise to eliminate the stru... Read more...
03 December 2014
Another 1m public sector jobs are expected to be lost over the next five years as part of the latest squeeze on the public finances. ... Adjusted for inflation, wages have fallen by about a 10th since the financial crisi... Read more...
Reflecting on yesterday's budget, John Van Reenen argues that an opportunity was missed. While there were good things in the budget, the 1p off a pint of beer was symbolic. This was a budget in which little changed and... Read more...
21 March 2013
These phenomena have helped to change the pattern of inequality since the turn of the century, says Steve Machin, research director at the London School of Economics' Centre for Economic Performance. During the 1980s and... Read more...
20 March 2013
Budget 2013: Economists pass judgment CEP's Director of Research, Professor Stephen Machin, gives his views on the chancellor's 2013 budget... "The chancellor pitched the Budget as one for hard-working people w... Read more...
Professor John Van Reenen interviewed by the BBC on the eve of the next Budget announcement by George Osborne. The interview was broadcast by the BBC Business News site on March 19, 2013 Link to interview here Rel... Read more...
19 March 2013
In advance of Budget Day John Van Reenen highlights a range of chronic weaknesses which are holding back the UK economy, with infrastructure and associated policy uncertainty a particular problem. He calls for a new arch... Read more...
18 March 2013
"It's like one of those horror movies - you think the recession is dead, and then it pops up again." John Van Reenen is feeling frustrated. The head of the LSE's Centre for Economic Performance believes his voice is jus... Read more...
The Chancellor delivered his third budget yesterday. CEP Director Professor John Van Reenen gives his initial reaction. There were some positive steps such as the extension of personal allowances, but the Budget had a... Read more...
22 March 2012