Questions and answers about
the UK economy.

New PostNations, regions & cities

What would be the economic consequences of a military stalemate in Ukraine?

Russia’s war in Ukraine may reach a stalemate as neither side appears in reach of a military victory. Unless a settlement can be agreed, a frozen conflict may emerge, which will delay economic recovery in Ukraine. This will also extend the cost of living crisis around the world.

Festival of Economics 2022

Tickets on sale now. View the programme here.


What’s happening to the UK economy?

Ten charts that tell the story of a turbulent week for the pound, the market for UK government debt, the country’s main institutions of economic policy-making and the British public.

Lessons from history

Sterling crisis: what are the historical precedents?

The pound is currently weak against the dollar and, to some extent, the euro. Past currency crises show that the sterling exchange rate can be vulnerable to expectations about the economy, which today may be influenced by the cost of living crisis, post-Brexit trade and prospects for growth.

Schools, universities & training

US student debt forgiveness: should the UK follow suit?

A recently announced policy package will ease the burden of student debt for millions of Americans. Due to differences between the national systems of loans for higher education, a similar policy in the UK would not have the same effects, as it would be less well targeted at those on lower incomes.

Data Hub

Live and interactive charts and visualisations, making sense of the latest numbers

Prices & interest rates

Quantitative easing and monetary financing: what’s the difference?

In March, the Bank of England’s Monetary Policy Committee restarted the programme of asset purchases known as quantitative easing or QE to provide support for the economy during the coronavirus crisis. How does it work and does it constitute ‘monetary financing’?

Prices & interest rates

How has Brexit affected the value of sterling?

Since the Brexit vote in 2016, the exchange rate of the pound against other leading currencies has fallen significantly. This seems to reflect a generally negative outlook among international investors for the UK’s economic prospects outside the European Union.

Prices & interest rates

Do we need a new constitution for central banking?

The global financial crisis, persistently weak growth and now Covid-19 have created tensions between politics and central banking. The time is ripe for a refreshed constitution, making clear the purpose of independent central banks, and what should fall to fiscal authorities.

All Answers