The UK economy [December 2001]

Jonathan Ireland

The UK economy [December 2001]

Jonathan Ireland

Economics

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Abstract

The UK economy is clearly suffering as a result of the global slowdown and the political and economic uncertainty following the events of September 11th. However, the impact is relatively modest in comparison with some economies and there is a feeling among some commentators, the Chancellor of the Exchequer included, that the UK is relatively well placed to ride out the worst of the global slowdown. Consumption is relatively buoyant, and although there are signs of slackening activity in the labour market, by historical standards unemployment is still low and
employment healthy.

Original language	English
Pages (from-to)	13-15
Number of pages	3
Journal	Quarterly Economic Commentary
Volume	26
Issue number	4
Publication status	Published - Dec 2001

Keywords

UK economic trends
British economy
UK monetary policy
UK inflation
British labour market conditions
United Kingdom

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Cite this

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KW - UK monetary policy

KW - UK inflation

KW - British labour market conditions

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The UK economy [December 2001]

Abstract

Keywords

UN SDGs

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