1. Low economic growth and in particular stagnant real wage growth.
2. Devaluation of Pound Sterling, increasing price of imported goods, such as food, oil, manufacturers and domestic inflation.
3. Low business investment.
4. A hung parliament.
5. Our clapped-out economy, brilliant at consumption, poor at production, is becoming unviable.
6. State of the housing market – expensive prices and rents are contributing to intergenerational inequality.
7. Decline in capital flows as the UK is seen as a more risky place to invest and save.
8. Structural unemployment -
More than 30% of those unemployed have been out of work for at least a year. Youth unemployment remains high and there are wide variations in regional unemployment / job opportunities across the regions of Britain.
9. Too much debt.
10. Static pay, as every sector except finance cuts costs to survive.
11. Uncertainty from Brexit transition.
12. UK’s large current account deficit, which will put further downward pressure on Sterling.
13. Structural fiscal deficit - the Coalition government has found it difficult to cut the size of the cyclically-adjusted budget deficit which remains above 5% of GDP.
14. Without the consumer and the housing market, it was not a case of different growth, it was a case of no growth.
15. Training and upskilling are little use without industries to employ the beneficiaries.
16. Relative poverty and inequality.
17. Limited room for monetary easing with interest rates already 0.5%.
18. Fuel bills have been slow to declined despite the collapse int the world price of oil.
19. Our companies look to short-term profit rather than long-term growth.
2. Devaluation of Pound Sterling, increasing price of imported goods, such as food, oil, manufacturers and domestic inflation.
3. Low business investment.
4. A hung parliament.
5. Our clapped-out economy, brilliant at consumption, poor at production, is becoming unviable.
6. State of the housing market – expensive prices and rents are contributing to intergenerational inequality.
7. Decline in capital flows as the UK is seen as a more risky place to invest and save.
8. Structural unemployment -
More than 30% of those unemployed have been out of work for at least a year. Youth unemployment remains high and there are wide variations in regional unemployment / job opportunities across the regions of Britain.
9. Too much debt.
10. Static pay, as every sector except finance cuts costs to survive.
11. Uncertainty from Brexit transition.
12. UK’s large current account deficit, which will put further downward pressure on Sterling.
13. Structural fiscal deficit - the Coalition government has found it difficult to cut the size of the cyclically-adjusted budget deficit which remains above 5% of GDP.
14. Without the consumer and the housing market, it was not a case of different growth, it was a case of no growth.
15. Training and upskilling are little use without industries to employ the beneficiaries.
16. Relative poverty and inequality.
17. Limited room for monetary easing with interest rates already 0.5%.
18. Fuel bills have been slow to declined despite the collapse int the world price of oil.
19. Our companies look to short-term profit rather than long-term growth.
No comments:
Post a Comment