Douglas McWilliams
@DMcWilliams_UK
Economist. Author, cyclist, ex cricketer. Advisory Board ePropelled. Trustee Tenterden Social Hub. Founder Cebr
Will there be an impact on GDP?
The government have managed to shut one border successfully!
Fabulous letter from the great Deborah Moggach in today’s Times.
Borrowing is £7.5 billion higher than last year; yet OBR claim it is on track to end the year £19.6 billion lower than last year. They do know more about the monthly path than anyone else so you can't rule out the possibility they are right. But seems improbable.
Is the collapsing Welsh economy the cause of Welsh rugby's failures?
For those of us who seek an economic explanation to most things find the correllation between Welsh relative economic decline and that of the rugby team hard to resist. But is it really the cause? linkedin.com/pulse/decline-…
I used to notice this when responding to the government on deregulation for the CBI. We achieved rather more than our members would strictly have encouraged us to say and even got the government effectively to reprint our response as a white paper. But still far short of ideal.
It is hard for small businesses. One point that people don’t often appreciate - because it is counterintuitive - is that big faceless corporations love all the regulatory and financial hurdles, because only they have the scale to deal with it. It squeezes out the competition.
Also they have gerrymandered the voting to exclude 16 year old cats (and indeed whisky). Tigger, who despite the doubts about his birth date, will be over 16 by the next election would otherwise have qualified to vote. I guess his postal ballot would not have been for Starmer.
Despite some right-wing cope about how this is going to backfire on Labour, Occam’s Razor prevails: teenagers tend to be naive and ignorant and therefore more likely to support socialist parties.
For those of us who seek an economic explanation to most things find the correllation between Welsh relative economic decline and that of the rugby team hard to resist. But is it really the cause? linkedin.com/pulse/decline-…
This data breach is potentially tragic. And although I can see reason for the superinjunction, it does look as though the main one is to cover up incompetence. It happened on the Tories' watch and surely Ben Wallace, who signed it off, needs to be more apologetic.
Many congratulations to Ewen Stewart and to the Institute of International Monetary Research at the University of Buckingham.
Congratulations to Growth Commissioner Ewen Stewart on his appointment from September as Director of the Institute of International Monetary Research at the University of Buckingham @iimr_buckingham. We look forward to his continued contribution to our work from his new berth.
The world would be an awful place if we all had the same views so I welcome those with different views from mine. What I don't welcome is those who try to censor those who think differently. Particularly when the view they are trying to protect is (as in this case) pretty extreme
Good move from Ed, it’s time to tell it like it is. I’d make climate denial a criminal offense myself - given the incredible harm that it will cause, even by slowing down progress to net zero. thetimes.com/uk/environment…
Ahead of @RachelReevesMP's Mansion House Speech tomorrow, Growth Commissioner @DMcWilliams_UK shares his advice for the Chancellor with @dp_williamson of the @Daily_Express 👇 express.co.uk/news/politics/…
If you think that tech can bail out slow growth UK, this may make you think. I don't entirely rule it out, but unless we get the mainstream economy growing again it will be hard to get digital (aka Flat White Economy) growing fast.
My Saturday morning blog follows the observation that the information and coms sector with 6% of GDP had contributed 58% of the 12 monthly growth in GDP on yesterday's figures. It asks whether tech can bail out the slow growing UK. The answer is perhaps: linkedin.com/pulse/growth-f…
My Saturday morning blog follows the observation that the information and coms sector with 6% of GDP had contributed 58% of the 12 monthly growth in GDP on yesterday's figures. It asks whether tech can bail out the slow growing UK. The answer is perhaps: linkedin.com/pulse/growth-f…
For those who were asking about what is the Flat White Economy, this YouTube clip (about which I knew nothing until a friend forwarded it to me!) explains it well! youtube.com/shorts/8LWnKOq…
Obvs this is almost certainly fake news. But still funny...
Who did this?
The Flat White Economy (only 6% of GDP on the ONS definition) has generated 58% of GDP growth over the past year.
One interesting facet of today's GDP data is how dependent the whole UK economy has become on Section J, the main part of the Flat White Economy, only 6% of the economy. In the past 12 months this part of the economy has contributed 58% of the entire growth in GDP
One interesting facet of today's GDP data is how dependent the whole UK economy has become on Section J, the main part of the Flat White Economy, only 6% of the economy. In the past 12 months this part of the economy has contributed 58% of the entire growth in GDP
Our Commissioner @DMcWilliams_UK responds to another month of negative growth in the UK👇
I wrote about this in the TG when the act came into force. Was surprised how little interest there was. telegraph.co.uk/business/2024/…
The Environment Act (2021) made England the only county in the world to mandate an insane “biodiversity net gain” requirement for almost every single new housing development. No other country enforces a quantified biodiversity net gain condition in national planning law.
h/t @xGeorgeCooper
Chocolate consumption enhances cognitive function. There is powerful correlation between chocolate intake & the number of Nobel Prize recipients.