The British economy [December 1990]

Jim Love, Brian Ashcroft, Richard Brooks, Neil Dourmashkin, Paul Draper, Stewart Dunlop, Lesley Magee, Eleanor Malloy, Claire Monaghan, Peter McGregor, Iain McNicoll, Eric McRory, Roger Perman, Jim Stevens, Kim Swales, Jim Love (Editor)

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Abstract

The British economy suffered a sharp deterioration in performance from the middle of the year. The economy is now evidently in recession. The entry of sterling into the ERM at an overvalued central rate against the DM and the almost inevitable prospect of a Gulf war suggest the prospect of zero or negative growth in 1991.
Original languageEnglish
Pages (from-to)7-11
Number of pages5
JournalQuarterly Economic Commentary
Volume16
Issue number2
Publication statusPublished - Dec 1990

Keywords

  • UK economic forecasts
  • British economic trends
  • macroeconomic trends
  • labour market conditions
  • gross domestic product (GDP)
  • unemployment patterns

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