Abstracts - faqs.org

Abstracts

Business

Search abstracts:
Abstracts » Business

A personal prediction for the U.K. economy

Article Abstract:

Britain is a small, open economy, and much of its economic forecast is tied to global economic events. The expected global economic improvement for 1987 means that the British economy can expect increased consumer demand, improved worker productivity, higher capital expenditure levels, continuing but slower inflation, and a slight reduction in unemployment levels for the coming year. Although the falling oil prices meant initial deeper recession, the lower prices will mean lower commodity prices over the long term. The expected growth in demand and inflation could, however, result in rapid price increases throughout 1987, which would deter economic recovery.

Author: Budd, Alan
Publisher: Institute of Chartered Accountants in England & Wales
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1987

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Interest rates set to fall further

Article Abstract:

Interest rates offered by British banks have fallen from 12.5 percent in March 1986 to 10 percent in July 1986, and are predicted to drop further (to 8 percent by December 1986). These interest rate drops are attributable to the dramatic decline in inflation in Great Britain and the reduced interest rates available in foreign countries. Recently, the Chancellor of the Exchequer predicted a 3.5 percent rate of inflation for Britain in 1986. Despite this optimistic outlook, some financial experts say the interest rate cannot be reduced further, since such reductions would inflate wages and have an adverse effect on Britain's money supply.

Author: Thomas, Anthony
Publisher: Institute of Chartered Accountants in England & Wales
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1986
DEPOSITORY INSTITUTIONS, Banking industry, Interest rates, Bank loans

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


When forecasting is unusually hazardous

Article Abstract:

The outlook for the UK economy is mixed. Domestically, the economy should do fairly well, despite the Oct 1987 stock market crash, because of continued strong consumer spending. International developments could foreseeably hurt UK economic growth, if US fiscal policy is altered in a way that would no longer support world economic growth and UK export markets. As it is, UK economic growth is expected to drop from 1987's 4% rate to 2.5%. Inflation during the early part of 1988 should be less than 3.5%. Real personal income should increase by 5%.

Author: Boulton, Richard
Publisher: Institute of Chartered Accountants in England & Wales
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1988
Stock Market Crash, 1987

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Subjects list: United Kingdom, Economic aspects, Economic forecasting, Great Britain
Similar abstracts:
  • Abstracts: Outlook for oil and the global economy. Things can only get better. Oil keeps economists on their toes
  • Abstracts: Imperial increases profit fourfold. Agro Brno-Turany increases gross profit. Chemopetrol expects its profit to increase in 2001
  • Abstracts: The Implementation of Resource Accounting in UK Central Government. New Labour and the Modernisation of British Local Government: A Critique
  • Abstracts: Valuation of risky assets in arbitrage free economies with frictions. A discrete time option model dependent on expected return: a note
  • Abstracts: 'Use' of principal residence does not require occupancy. Avoiding gain when mortgage payments cannot be made. Renting a residence need not preclude deferring gain on its later sale
This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.
Some parts © 2025 Advameg, Inc.