Finance Matters

Posts Tagged ‘NIESR’

A new report from a leading think-tank is predicting that UK house prices will fall by 4.5% in 2011, followed by an average 1.5% fall in each of the subsequent four years. According to the National Institute of Economic and Social Research (NIESR), this year’s decline will reflect the squeeze on household finances resulting from [...]

Recovery of the UK economy is to remain sluggish, with GDP growing by 1.4% in 2011 and by 2% in 2012, the National Institute of Economic and Social Research (NIESR) predicts. Growth this year will be constrained by government spending cuts and a squeeze on household finances resulting from higher taxes and rising inflation. According [...]

Influential think tank, the National Institute of Economic and Social Research (NIESR), has today suggested the UK economy recovered in the first quarter of the year after bad weather conditions led to a shock contraction in the final quarter of last year. The economy contracted by 0.5% in the October to December period after the [...]

Speaking in front of the House of Commons’ Treasury select committee, the Governor of the Bank of England, Mervyn King, has reiterated that interest rates will stay at the historic low of 0.5% for some time to come.
Mr King said: “It’s right to keep our foot firmly on the monetary accelerator”, adding he is more [...]

Influential think tank, the National Institute for Economic and Social Research (NIESR), believes the economic recovery will be slower than the Government anticipates.
The new coalition Government is optimistic in its prediction for economic growth and expects it to be 2.3% next year and 2.8% the year after.
However, the Institute is forecasting that the economy will [...]