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Andrew Sentance

Broxbourne

Freelance Contributor at Freelance

Independent business economist. Former CBI Director of Economic Affairs and BA Chief Economist. Member of #BoE MPC 2006-11. Guitarist & organist.

Articles

  • 1 month ago | capx.co | Andrew Sentance

    17 April 2025 @asentance Photo: Getty Images Our statistical authorities are in the firing line of a powerful parliamentary committee There is widespread dissatisfaction among users of UK official statistics The ONS is too close to its regulators Last year, the Office for National Statistics (ONS) here in the UK hit the headlines for all the wrong reasons. Falling response rates to its Labour Force Survey – the main source of official labour market data – caused the Bank of England, the...

  • 1 month ago | thisismoney.co.uk | Andrew Sentance

    A perfect storm is brewing, which could push UK inflation above 5 per cent by the autumn. It is currently at 2.8 per cent, up from last summer when it fell to its 2 per cent target, thanks to lower food and energy prices. That meant a sigh of relief for borrowers as it allowed the Bank of England's Monetary Policy Committee to cut interest rates three times from 5.25 to 4.5 per cent.

  • Jan 29, 2025 | glistatigenerali.com | Andrew Sentance

    It seems we are setting up for a clash between the Trump and the EU for two reasons: because the EU’s way of working (slowly, consensus, rules based) is anathema to Trump (it also comes across as less interesting for the media); and because the EU can/should seek to occupy the space which America is leaving due to Trump’s desire to return to the good old days. Let’s flesh these two out a little more.

  • Dec 5, 2024 | capx.co | Andrew Sentance

    5 December 2024 @asentance Photo: Getty Images The Office for National Statistics is coming under fire Our main statistics agency is not keeping up with major economic developments We need much quicker action from our official statisticians and their regulators to fix problems The Office of National Statistics (ONS) plays a vital role in the UK by describing in cold hard numbers what is happening in our economy and society. We should not have to worry about the reliability of their figures....

  • Nov 6, 2024 | thetimes.com | Andrew Sentance

    If Rachel Reeves wanted to make a big splash with her first budget last week, she has certainly succeeded. Public spending plans have been boosted substantially, building up to an extra £75 billion a year in the latter years of this parliament. Increased spending is being paid for by additional borrowing and higher taxes. Borrowing will be £40 billion higher in this financial year and £30 billion more than previously planned in 2028-29.

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Andrew Sentance
Andrew Sentance @asentance
29 May 25

More bad news for Rachel Reeves: “Business confidence across services sector falls sharply again, as cost pressures accelerate - CBI Service Sector Survey”. Survey points to further rise in services inflation as costs rise and profits are squeezed. https://t.co/DMoEGQa0fU

Andrew Sentance
Andrew Sentance @asentance
28 May 25

Inflation Alert: Groceries price increase of 4.1% in past month driven by rising cost of chocolate, butter and sun cream, says Kantar BRC has already predicted 5pc food inflation by year-end. Source: the Guardian Shared via the Google app https://t.co/fVPKEcHb0y

Andrew Sentance
Andrew Sentance @asentance
27 May 25

India becoming No.4 in the world by GDP should be a wake-up call to the G7. Now only 2 of 4 largest economies in world are G7 members. G7 is becoming unrepresentative of the centrs of economic power in Asia. G7 should become G10 & immediately ask China, India & Brazil to join.