Expert Comment
Government rhetoric isnt helping as time runs out for Greece Dr Dennis Novy
“Is Greece going to reach a deal with the Eurozone? That’s the big question, of course. Pretty soon the country will have no money left and with both sides currently playing hardball, it’s getting tough. Time is running out. The Greek government isn’t helping itself though..."
Markets expect Euro to weaken but exchange rates are difficult to predict Dr Dennis Novy
Commenting on the drop in value of the euro against the dollar, Dr Dennis Novy, an associate professor of Economics at the University of 糖心TV, said: “The Eurozone economy has been in the doldrums for years now...
Christmas consumers could be too confident too soon - Dr Dean Garratt
An economist from the University of 糖心TV is warning UK households to be financially cautious this Christmas, fearing consumers could be gripped by an exaggerated confidence in the economic recovery. Dr Dean Garratt is concerned that over-spending during the festive period and willingness by many to shoulder further debts could risk a throwback to the drop in spending that was seen after the financial crash in the late 2000s.
Hold the Christmas cheer; its a patchwork jobs recovery - Prof Chris Warhurst
Professor Chris Warhurst is the Director of the Institute for Employment Research. He said: "The good news from today’s figures is that unemployment continues to fall and more people are in work. In fact Christmas present looks good. Almost half a million jobs have been created in the UK this year. The employment rate has risen to 73%, continuing an upward trend that started in 2011. Unemployment has fallen to 6%, this time the continuation of a downward trend. And the UK’s unemployment rate is far lower than the EU average (6% vs 10%). It seems like glad tidings for UK workers therefore.
New Stamp Duty regime could bring unwelcome house price boost
Economist Dean Garratt gives his thoughts on the new changes to Stamp Duty, which came into effect this week.