UK Economy Watch I: Mixed outlook

Raleigh Addington
Raleigh Addington
editor at Chartwell Speakers

I went to the offices of the Sunday Times yesterday to do a quick interview with economics editor David Smith. Insightful as ever, David shared his thoughts by St Katherine Docks on UK growth, the future of the euro and the US debt crisis.

David said that an impartial observer would downgrade the US credit rating, but this would mean downgrading the entire global economy at a time of low confidence. Given the problems faced by the US and the eurozone, David was mixed about the outlook for the UK economy: in difficult times stability is “not bad”, he said, but borrowing and the budget deficit remain problems that need to be tackled.

share

View our related Speakers

David Smith Speaker
David Smith
Economics Editor at the Sunday Times

We use cookies

We use cookies and other tracking technologies to improve your browsing experience on our website, to show you personalized content and targeted ads, to analyze our website traffic, and to understand where our visitors are coming from. By browsing our website, you consent to our use of cookies and other tracking technologies.

Accept Cookies