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Why the story of inflation in 2012 could get complicated

Inflation would at last appear to have embarked on a downward path, which could signal an easing of the income squeeze that is currently affecting UK households (See XpertHR's February 2012 economic commentary for more on this topic). But how likely...

Published 8 Feb 2012 7:00 AM by XpertHR - Employment Intelligence

Filed under: inflation, economics, economic indicators, economic outlook, economic commentary, cpi, iran, strait of hormuz

The UK economy in February 2012: Waiting for something very bad to happen?

One month into 2012, and the UK economy finds itself back in negative territory . Economic uncertainty abounds, making recovery ever more difficult. "Everyone is waiting for something very bad to happen," according to one CFO surveyed by Deloitte...

Published 1 Feb 2012 7:00 AM by XpertHR - Employment Intelligence

Filed under: economics, economic indicators, austerity measures, economic outlook, economic commentary

UK economic growth in Q4 2011 likely to be 'close to zero,' says Bank of England

We noted yesterday that the spending power of UK households continues to be squeezed as inflation continues to roar ahead of pay awards in 2011. This ongoing weakness in household spending power is likely to bear down strongly on the ability of the UK...

Published 19 Oct 2011 10:50 AM by XpertHR - Employment Intelligence

Filed under: pay awards, inflation, bank of england, economics, economic indicators, gdp, economic recovery, economic outlook, mpc

Protracted and painful economic recovery in prospect for UK

The UK is now a little over one year into the age of austerity . Chancellor George Osborne's high-risk strategy to tackle the UK budget deficit - described by some as "Osbornomics" - is well underway, and economic recovery is ongoing. But...

Published 1 Aug 2011 8:00 AM by XpertHR - Employment Intelligence

Filed under: economics, economic indicators, cipd, george osborne, david cameron, economic recovery, austerity measures, economic outlook, osbornomics, economic commentary

Why stagflation is a 'present danger' in 2011

With economic growth stagnating and inflation high and rising, conditions may once again be right for stagflation. Stagflation - rapidly increasing inflation coupled with weak or declining economic growth and rising unemployment - hit the UK economy hard...

Published 8 Jun 2011 8:00 AM by XpertHR - Employment Intelligence

Filed under: xperthr, benchmarking, economics, economic indicators, stagflation, xperthr salary surveys, economic recovery, economic outlook, economic commentary

Wage-price spiral: The worst-case scenario in 2011?

Pay awards remain pivotal in 2011. Whether UK workers continue to tolerate below-inflation pay awards is important to prospects for economic recovery. From the point of view of UK workers, pay awards are crucial to maintaining or improving living standards...

Published 7 Jun 2011 8:00 AM by XpertHR - Employment Intelligence

Filed under: pay and benefits, xperthr, pay awards, inflation, benchmarking, economics, economic indicators, xperthr salary surveys, economic recovery, economic outlook, economic commentary

Below-inflation pay awards: The 'new normal' in 2011?

Below-inflation pay awards remain a reality for the majority of UK workers in 2011. Latest data from the XpertHR pay databank suggest that the squeeze on living standards is likely to continue well into 2011. The median whole economy pay award for the...

Published 6 Jun 2011 8:00 AM by XpertHR - Employment Intelligence

Filed under: xperthr, pay awards, inflation, benchmarking, economics, economic indicators, xperthr salary surveys, economic recovery, economic outlook, economic commentary

Squeeze on UK workers' living standards intensifies in 2011

Consumer confidence has been hit hard by the recession and by economic austerity measures. There is little doubt that UK households are being affected by ongoing economic uncertainty and the inability of pay awards to keep pace with inflation . A growing...

Published 3 Jun 2011 8:00 AM by XpertHR - Employment Intelligence

Filed under: xperthr, pay awards, inflation, benchmarking, economics, economic indicators, xperthr salary surveys, economic recovery, austerity measures, vince cable, economic outlook, economic commentary

'Osbornomics' one year in

Last month saw the Coalition Government notch up its first year in office. Chancellor George Osborne's package of economic austerity measures (which we might term 'Osbornomics') is well underway, and is likely to have implications for most...

Published 2 Jun 2011 8:00 AM by XpertHR - Employment Intelligence

Filed under: xperthr, benchmarking, economics, economic indicators, xperthr salary surveys, economic recovery, economic outlook, economic commentary

When will we emerge from economic limbo?

As spending cuts begin to bite, the UK economy has so far managed only the weakest of recoveries from recession. Daily Telegraph Economics Editor Philip Aldrick argues that the economy is at a decisive point on the path to recovery: Britain sits on the...

Published 1 Jun 2011 8:00 AM by XpertHR - Employment Intelligence

Filed under: xperthr, benchmarking, economics, economic indicators, xperthr salary surveys, economic recovery, economic outlook, economic commentary

Spring 2011 kicks off with a big week for the UK economy

Spring 2011 officially kicked off yesterday (Sunday 20 March 2011). The first week of Spring 2011 will see two key events, which are likely to illustrate the polarities of thought on the Coalition Government's package of economic austerity measures...

Published 21 Mar 2011 7:00 AM by XpertHR - Employment Intelligence

Filed under: tuc, trade unions, inflation, economics, economic indicators, budget, unions, gdp, economic recovery

CBI: "We do not foresee a double-dip recession"

"Rather anaemic and sluggish" growth is in prospect for the UK economy in 2011, but "the risk of a double-dip recession is low," according to latest economic forecasts from the CBI. Read More...

Published 9 Feb 2011 7:00 AM by XpertHR - Employment Intelligence

Filed under: pay awards, inflation, economics, cbi, economic indicators, unemployment, gdp, economic recovery, economic outlook

Why it's time for HR to 'step to the front' in 2011

There is a huge opportunity for the HR profession to step to the front in 2011. It would be a hell of shame to waste it. This is the view of anonymous HR blogger (and UK HR director) The HRD. XpertHR's January 2011 economic commentary includes The...

Published 6 Jan 2011 10:30 AM by XpertHR - Employment Intelligence

Filed under: economics, economic indicators, HR, economic recovery, economic outlook

Rebalancing the economy in 2011 & beyond: 'A huge HR project for UK plc'

[T]he rebalancing of the economy that the government is pursuing is a huge HR project for UK plc. This is according to pseudonymous blogger Redundant Public Servant . It is certain that 2011 will prove to be particularly abundant with both challenges...

Published 5 Jan 2011 10:30 AM by XpertHR - Employment Intelligence

Filed under: public sector, economics, economic indicators, public spending, HR, economic recovery, economic outlook

Economic commentary January 2011: 2011 will be a 'fingers crossed' year

2011 will be a 'fingers crossed year'. The economic outlook has rarely been more uncertain. This is the assessment of UK economic prospects for the coming year from CIPD chief economic advisor John Philpott. XpertHR's January 2011 economic...

Published 4 Jan 2011 7:00 AM by XpertHR - Employment Intelligence

Filed under: economics, economic indicators, cipd, economic recovery, economic outlook

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