The production of this forecast is supported by the Institute's Corporate Members: Bank of England, HM Treasury, Mizuho Research Institute Ltd, Santander (UK) plc and by the members of the NiGEM users group.

BRT appears to be less expensive to build and operate than tram systems but can it really approach the performance level of a tram system and what is the environmental performance of comparable systems?

Financial conditions indices (FCIs) have been developed to summarise financial conditions and also supplement more traditional macroeconomic forecasting. They capture market expectations but also quantitative and survey information. This paper seeks to provide up to date financial conditions...