News
Guardian: Public finances: what the economists say
[The Guardian] - Alan Clarke at Scotiabank. This is a welcome outcome following a poor start to the fiscal year. It doesn't undo the bad start, but it does nonetheless highlight that it would be wrong to extrapolate the deteriorating trend in the public finances from
Guardian: Government borrowing lower than expected
[The Guardian] - "After a poor first four months of the year when borrowing was higher than a year earlier, this has now reversed and borrowing is falling relative to the same month a year earlier," noted Alan Clarke at Scotiabank. "The public finances are not looking
In Debt Crisis Live
www.telegraph.co.uk
[Telegraph.co.uk] And Alan Clarke of ScotiaBank, said: Quote It was a welcome surprise, the double whammy of better-than-expected figures this month couple with a revision to the previous month meant it was about £2bn better-than-expected, so that's good news.
Guardian: UK retail sales: what the economists say
[The Guardian] - Alan Clarke, fixed income strategy at Global Banking and Markets, Scotiabank. The headwinds from inflation that were squeezing household real disposable income have now abated. These data suggest that consumers have been prepared to spend that
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