Tag Archives for economic rebalancing

New Brief: Has the UK economy been ‘rebalanced’?

This new brief considers the available evidence on whether the UK economy has experienced any significant degree of ‘rebalancing’ since 2010. The need to correct a range of structural imbalances in the British economy has become associated in particular with the Conservative Chancellor of the Exchequer, George Osborne, but has emerged as a rare shared objective in economic policy for all … Continue reading

7 July 2015 by
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Business as usual as City pay soars while manufacturing stagnates

Craig Berry

George Osborne promised a ‘march of the makers’ but as yet there is little sign that a resurgence of manufacturing is helping the economy to rebalance As late as 1980, manufacturing represented around 30 per cent of the UK’s gross value added (GVA) and employed around a quarter of the workforce. But it now represents around 12 per cent of … Continue reading

9 January 2014 by
Categories: British growth crisis, Craig Berry, Economics, Finance, SPERI Comment | Tags: , , , , , , | 1 comment

SPERI launches British Political Economy Briefs series

The Sheffield Political Economy Research Institute (SPERI) is today launching a new series of publications, SPERI British Political Economy Briefs. The first edition, ‘Pay in Manufacturing and Finance’, assesses what the latest data on pay across different sectors tells us about the rebalancing of the British economy away from financial services and towards manufacturing. The brief reports evidence, however, that … Continue reading

8 January 2014 by
Categories: Publications | Tags: , , , , , | Leave a comment