• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

Are you ready for joyflation?

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    Are you ready for joyflation?

    Well, you should be!!!


    "Britons told to get ready for 'joyflation' by economists"

    " While people living in other countries’ are used to suffering from economic “deflation” and even “stagflation”, Britons are about to get a dose of “joyflation”.

    This is the term coined by Oxford Economics to describe the combination of the oil-driven slowdown in inflation and accelerating economic growth.

    The news could be good news for David Cameron, the Prime Minister, as he tours the country trying to persuade Britons to vote Conservative in May.

    Inflation is expected to have dipped below one per cent in December when official figures are published on Tuesday, triggering a letter of explanation from Bank of England governor Mark Carney to Chancellor George Osborne.

    However Scott Livermore, managing director of macro forecasting at Oxford Economics, said it would be a cause for celebration for the country’s leaders. "

    Source: Britons told to get ready for 'joyflation' by economists - Telegraph

    Joyflation is out to get ya!!!

Working...
X