SUMMARYThe household saving ratio summarises the income and expenditure positions of the household sector. This article considers developments in the ratio during the current recession, discussing the drivers in income and consumption and their interaction in the context of developments in the...

SummaryIn the last couple of years there has been strong interest in economic statistics as the UK economy recovers from its deepest post war recession. This article updates previous work examining the coherence between official economic data published by the Office for National Statistics and...

This article considers changes in the nature of the balance of trade between 1985 and 2008. The first section examinesthe theories behind trade and the position of the UK relative to its trading partners. Periods of deficit and surplusbetween these dates are then analysed individually, drawing...