This paper introduces the Bank of England's new forecasting platform and provides
examples of how it can be applied to practical forecasting problems. The platform consists of …

We examine the hypothesis that capacity can be permanently damaged by financial,
particularly banking, crises. A model which allows a financial crisis to have both a short‐run …

The behaviour of labour productivity in the United Kingdom since the onset of the recession
in early 2008 constitutes a puzzle. Over four years after the recession began labour …

Has Britain's economy been structurally damaged by the banking crisis and its aftermath?
Policy makers think so–in spades. In their view, and in the view of many others, the …

A firm's demand for labour is derived from the demand for its output. During a downturn in
demand, firms can reduce their use of labour by reducing either the number of workers they …

UK labour productivity has been persistently weak since the onset of the recent financial
crisis. This suggests that there is significant spare capacity within UK companies, but …

Self-employment has become an important feature of the UK labour market, accounting for
around a third of the growth in employment since 2010. Developments in self-employment …

Employment has risen by more and unemployment has risen less than expected, given the
path of output. Nevertheless, long-term and youth unemployment and involuntary part-time …

Output fell sharply in the United Kingdom during the recent global financial crisis, some of
which is likely to have reflected a contraction in the economy's supply capacity. This article …

The centre of power in the UK lies in No 10 Downing Street and is surprisingly weak in terms
of numbers. This article, written by a former insider, looks at how power is exercised in a …