Romesh Vaitilingam

The UK-US trade deal: what will be the effects? - Economics Observatory The ‘economic prosperity deal’ reduces tariffs for around a quarter of the UK’s goods exports to the United States, including cars and steel. But products not covered by the agreement – as well as ser...

The #EconomicProsperityDeal reduces tariffs for a quarter of UK goods exports to the US including cars & steel; but products not covered by the agreement, as well as services exports, will still be exposed to taxes on trade

@econ-observatory.bsky.social

www.economicsobservatory.com/the-uk-us-tr...

Our new VoxEU column on the fascinating link between AI and workers’ well-being and health is out!

#AI #FutureOfWork #Wellbeing #Health #Germany #PIPEON

Why are food prices rising in the UK? - Economics Observatory Since 2022, food price increases in the UK have outstripped headline inflation by a significant margin (see Figure 1). In the year to June 2025, food and drink costs increased by 4.5%, well ahead of t...

The UK's annual rate of food price inflation has accelerated to 4.5%; behind the increase is a blend of supply shocks, policy changes & climate disruption that together have pushed food costs well above general inflation

@econ-observatory.bsky.social

www.economicsobservatory.com/why-are-food...

In an effort that will no doubt torch my follower base, I have laid out some basic numbers around our fiscal situation. Obvious, but still a little sobering for me.

freethinkecon.wordpress.com/2025/07/15/t...

How do new technologies spread across the global economy? - Economics Observatory The development of new technology is at the heart of economic growth. But the ways in which new products and processes spread around the world are vulnerable to changes in trade policy, with growing p...

Development of new technology is the heart of growth; but the ways in which new products & processes spread around the world are vulnerable to changes in trade policy, with growing protectionism likely to constrain progress @econ-observatory.bsky.social

www.economicsobservatory.com/how-do-new-t...

Your voice 2025: insights from the Bank of England’s outreach programmes We listen directly to people from all parts of the UK. This report is a summary of what we have learnt over the past 12 months and how we have used those insights.

Views of people across the UK on the cost of living, jobs & pay, savings & debt, housing & rent, & the future of money, cash, digital currency - as collected @bankofengland.bsky.social citizens forums over the past year

www.bankofengland.co.uk/about/get-in...

#SSGreatBritain - economic historian Tim Hatton on how Isambard Kingdom Brunel’s iconic ship succeeded where others failed in large-scale cargo & passenger shipping, thanks to its size & innovative design that combined sail & steam power

@voxeu.org #IsambardKingdomBrunel

cepr.org/voxeu/column...

Declining competition in the United States has hurt innovation and increased inequality.

@gimpulli.bsky.social and Pontus Rendahl

In CentrePiece magazine
Editor: @helen-ward1.bsky.social

Read: http://cep.lse.ac.uk...

Summer 2025 issue of #CentrePiece magazine @cep-lse.bsky.social

New economic research findings on market power, NHS talking therapies, big city life, Trump tariffs, gender politics, elite universities, the BBC's relocation to Salford, the impact of 9/11 on intermarriage, & migration & innovation

Out now! @gimpulli.bsky.social and Pontus Rendahl
explore the impact of declining competition on innovation and inequality in the United States.

In the new CentrePiece magazine.

@econromesh.bsky.social @helen-ward1.bsky.social

Read: cep.lse.ac.uk/pubs/d...

Sneak peek at CentrePiece – out tomorrow!

Featuring: Market power, Talking Therapies, City life, BBC relocation, intermarriage in the US, migration and innovation, elite universities, women in politics, Trump tariffs.

📢 New CEPR #eBook out NOW! 📚
"The Economic Consequences of the Second Trump Administration: A Preliminary Assessment"
Editors: Gary Gensler, @simonhrjohnson.bsky.social, @upanizza.bsky.social, @wederdim.bsky.social
Free download: cepr.org/publications...
#EconSky

Response to the 2025 Comprehensive Spending Review - NIESR The United Kingdom finds itself in a challenging position on account of low growth, above target inflation and limited fiscal space. Ensuring that spending is allocated to maximise economic growth is ...

"Response to the 2025 Comprehensive Spending Review"

Our expert researchers unpack the economic implications of today's #spendingreview2025 for both regions and sectors, and household living standards 🏘📊

Read more in the full reaction ⬇
niesr.ac.uk/publications...

Catch me if you can - Economics Observatory Within the world’s most advanced economies – including Germany, Spain, the UK and the United States – there are regions that have fallen behind or failed ever to catch up with the most prosperous plac...

Within the world’s most advanced economies, there are regions that have fallen behind or failed ever to catch up with the most prosperous places

@econ-observatory.bsky.social on UK #deindustrialisation, #GermanReunification, #Andalusia & #Wyoming

www.economicsobservatory.com/catch-me-if-...

Real-time indicator of #Eurozone economy remained stable in May, benefiting from growth in industrial production & a moderate recovery in household confidence, despite being affected by a deterioration in qualitative indicators for service firms

@cepr.org @voxeu.org

cepr.org/about/news/e...

Coronavirus and the economy: what are the trade-offs? - Economics Observatory Many governments have responded to the pandemic by imposing very severe restrictions on economic and social activity.

Coronavirus & the economy: what are the trade-offs?

Five years we launched @econ-observatory.bsky.social, initially focused on how economic analysis & research evidence could help the policy response to #Covid19 & since covering many other crises…

www.economicsobservatory.com/epidemic-and...

UK national security: what have we learned from strategic defence reviews? - Economics Observatory The history of British defence policy has been one of constant imbalance between resources, capability and commitments, interspersed with reviews that fail to solve the fundamental problems. These app...

UK defence: what have we learned from past strategic reviews?

www.economicsobservatory.com/uk-national-...

China crisis - Economics Observatory Headlines about China are dominated by the vagaries of trade war with the United States. Beyond those battles, there are big issues around consumer spending, the real estate market, the Belt and Road ...

#China - beyond the US trade war, there are big issues around consumer spending, the real estate market, the Belt & Road Initiative, & the role of technology in the country’s growth prospects & national security

This week @econ-observatory.bsky.social

www.economicsobservatory.com/china-crisis

I had to read this several times as “prioritise growth” and “hit universities over the head” are so mutually contradictory

How did semiconductors become so central to Taiwan’s economic progress? - Economics Observatory Taiwan is a highly developed economy that has experienced periods of rapid growth. Policies that championed industries such as semiconductor manufacturing have contributed enormously to the island’s e...

#Taiwan - @econ-observatory.bsky.social on the policies that championed industries such as semiconductor manufacturing, which have underpinned the island’s economic progress

www.economicsobservatory.com/how-did-semi...

What’s happening in China’s semiconductor industry? - Economics Observatory China’s semiconductor industry faces a tension between self-sufficiency and global integration, engaging in open innovation where possible, but pivoting to security-driven self-reliance when necessary...

China’s semiconductor industry faces a tension between self-sufficiency & global integration, engaging in open innovation where possible, but pivoting to security-driven self-reliance when necessary

@econ-observatory.bsky.social #China #semiconductors

www.economicsobservatory.com/whats-happen...

Closing the productivity gap between London and other major cities requires substantial, targeted investment write @aadyabahl.bsky.social and @HenryOverman.bsky.social for the @AcadSocSciences.bsky.social

acss.org.uk/closing-...

We recently polled our Finance Experts Panel on Central Banking and Climate Change. The confidence-weighted answer to the 2nd question is as follows: kentclarkcenter.org/surveys/cent...

The Belt and Road Initiative: what impact on China and the global economy? - Economics Observatory The Belt and Road Initiative lies at the heart of China’s outward economic engagement, providing opportunities for Chinese firms abroad and boosting infrastructure and development in recipient…

JUST PUBLISHED - The Belt and Road Initiative: what impact on China and the global economy? By @lindacalab buff.ly/9g2lTge

How is China’s economy faring? - Economics Observatory China’s economy has suffered from slow consumer spending and a slump in the real estate market. The unpredictable trade war with the United States risks further economic problems, but the current paus...

How is China’s economy faring?

George Magnus writing @econ-observatory.bsky.social

www.economicsobservatory.com/how-is-china...

Britain and Europe are moving beyond Brexit. Now for the real trade-offs This week’s ‘reset’ deal is a welcome return to pragmatism. But both sides must go further in facing up to the new world order

This (excellent) @anandmenon.bsky.social long read in the FT has made me feel optimistic, weirdly. www.ft.com/content/f725...

The UK’s productivity gap: what did it look like twenty years ago? - Economics Observatory How to boost UK productivity growth has long been a central concern of economic researchers and policy-makers. A report written twenty years ago highlights the continuing challenges of achieving that ...

How to boost UK productivity growth has long been a central concern of economic researchers & policy-makers; my report written over 20 years ago highlights the continuing challenges of achieving that ambition, @econ-observatory.bsky.social #PlusCaChange?

www.economicsobservatory.com/the-uks-prod...

Immigration is down, should the government be happy? - UK in a changing Europe Jonathan Portes analyses the latest ONS immigration statistics. He argues that net migration has dropped significantly, but that this will expose the...

The government claims that recent migration has been "low-skilled" and that its reductions will therefore not be as damaging to the economy and public finances as the OBR assumes.

I explain why the government's own data and research contradicts this..

ukandeu.ac.uk/immigration_...

The Cardiff crisis of the 1980s: what lessons for UK universities today? - Economics Observatory The 1963 Robbins Report launched a period of rapid expansion for the UK’s universities. By the early 1980s, the first signs that this golden era was coming to an abrupt end emerged in Wales, when it b...

A dire financial position at University College, Cardiff in the 1980s required an emergency response from the highest levels of UK government; now, Cardiff University & many other HEIs face a similar crisis – & may also require some kind of rescue

www.economicsobservatory.com/the-cardiff-...

Job opportunities for refugees: how can host countries help? - Economics Observatory People who are refugees typically have worse employment prospects than the rest of the population, including other migrant groups. Targeted policies can help: speeding up application decisions,…

JUST PUBLISHED – Job opportunities for refugees: how can host countries help? By Isabel Ruiz & Carlos Vargas-Silva