UK fiscal and monetary policy at a crossroads

It’s been an important few weeks for UK economic policy. New Chancellor Rachel Reeves has started to lay the ground for tax rises, beyond the increases set out in Labour’s manifesto, in the Budget on October 30. Meanwhile, the Bank of England has cut interest rates for the first time in more than four years, and signalled that further cuts are in the pipeline. We will offer our take on where fiscal and monetary policy will go from here, and set out the impact the changes will have on our UK economic forecast.

Edward Allenby

Economist, Macro and Investor Services

+44 203 910 8019

Edward Allenby

Economist, Macro and Investor Services

London, United Kingdom

Edward is an Economist within the Macro and Investor Services team, contributing to Oxford Economics’ UK macroeconomic forecasting and analytical content. Prior to joining, Edward spent a summer working for Greencroft Economics as an Economic Analyst and undertook a year-long internship in HM Treasury’s Macroeconomic Research Group. He holds a MSc Economics from the University of Nottingham.

Andrew Goodwin

Chief UK Economist

+44 (0) 20 3910 8013

Andrew Goodwin

Chief UK Economist

London, United Kingdom

Andrew Goodwin is the Chief UK Economist at Oxford Economics. He is responsible for Oxford Economics’ UK macroeconomic forecasting and analytical content. Andrew regularly comments on the UK’s economic outlook in print, online and broadcast media. Andrew has been with Oxford Economics since August 2008.

Before joining Oxford Economics, he spent three years working for Experian, where he managed the Regional Planning Service and produced UK macroeconomic forecasts from the national level down to local authorities. Before joining Experian, Andrew spent four years as a senior economist at the Confederation of British Industry (CBI).

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